
August1991
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Trump's Game: Devaluation of the US Dollar
August1991 replied to August1991's topic in Business and Economy
And if you hold US cash, dollars: American financial paper denominated in US dollars (like many Chinese people, including the People's Bank of China), you are about to see a large drop in its value. The Russian Central Bank holds less - if at all. It is hard for individual Russians to hold US dollars. -
More broadly, to win, Poilievre should have defended Canada. Trump sent him a soft ball.
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Poilievre to Win: Wrap yourself in the flag
August1991 replied to August1991's topic in Federal Politics in Canada
Faced with Carney, Poilievre had the potential win of Diefenbaker in 1958, Mulroney in 1984. Carney was a WEF bureaucrat. An easy target. All Poilievre had to do is wave the flag. Stop talking about taxes. Unbelievable own goal. -
Poilievre to Win: Wrap yourself in the flag
August1991 replied to August1991's topic in Federal Politics in Canada
Carney played the nationalist card. Poilievre surprisingly didn't. ===== No one in English Canada cares about taxes when there's a threat from the US. Heck, in French Canada, no one cares about taxes. -
Poilievre to Win: Wrap yourself in the flag
August1991 replied to August1991's topic in Federal Politics in Canada
It is too late for the Conservatives. Unbelievable. No one knows who this Carney guy is. No one knows his wife. And yet he is about to become our next federal PM, with a majority in parliament. ===== At least in 1968, with Trudeau Snr, he had been Justice minister. Defended in parliament a major reform of our federal law. ====== Ignatieff is a similar federal Liberal amazed with this Carney guy. How did he do it? Trump. Trump sadly explains much of English-Canada. They hate America. -
Trump's Game: Devaluation of the US Dollar
August1991 replied to August1991's topic in Business and Economy
On international markets, the Bank of Canada will let our Canadian dollar fall like the American dollar. (What choice does it have... ) If you already have a condo in Florida or Arizona, the US fees will be slightly lower. If you were planning a trip to France or Japan this summer, it will be more expensive. ===== I reckon that America is about to become a place to buy, uh, stuff to take home. America is about to become a difficult place to own stuff. -
I want to explain my point more clearly. Blockchainers/bitcoiners believe that, in the future, ordinary people will be able to transact/trade/buy using a USB stick. phone, touch screen. In the future, ordinary people will simply trade using an instantaneous "bitcoin" -without any cost, transferred to the buyer or seller. In such a world, that may possibly exist in the future, why would I hold a current "bitcoin" for even a nanosecond? So, why do people buy hold bitcoin? Why is it worth Cdn 130,000?
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If the US dollar is worth less on world markets, this solves so many problems: 1. Ordinary Americans don't care about exchange rates. 2. Coastal Americans will freak out about the US dollar value on international markets 3. For Rich Americans, it will be expensive to travel abroad. 4. For ordinary Americans, there will be a minor change in imported Dollarama stuff. 5. This solves the US government debt problem. 6. With a lower US dollar, foreigners will want to buy made-in-America stuff.
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To encourage understanding of homeless people, it is an image used in Montreal.
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Many more years ago, I did the same in Greece. At night, I thought I chose an empty space. In the morning, I woke up beside some grazing goats. And then in the distance, I saw a woman step down from a truck, urinate, get back in.
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Disagree. I now understand that their Ken Burn's PBS is like our Pierre Berton's National Dream. Until PBS, I did not know of James Hill.
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In America, they have only had two Catholic presidents: JFK and Biden. In this federal Canadian election, as many others, both Carney and Poilievre are Catholic -raised, baptised. An issue in the past - not now. ===== I was surprised with the French language of Carney, Poilievre and Singh. (It is hard to speak any language in public - ask Kamala Harris.) These Anglo guys can speak French like Turner - but not like Mulroney.
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Betsy, I admire your JW, Filipina passion. I'm not American. I'm a Canadian - I speak French.
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Homeless? These people (men, mostly) often force dogs to live in similar circumstances. -I have never seen a cat beside a begging men at the SAQ.
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Elsewhere in Canada, do you see this? In Montreal, near where I live, there are people who have tents.