Canada Hyperinflation

[macdon02]

84 month financing. Next 96 month. Rates going higher in Oct. due to two reasons: 1) hyper inflation and 2) gotta bail out pension plans. Gotta close car factories

Close em or nationalize em after they get shuttered? Would be totally inline with owning a pipeline. We should buy the plants just before the tarrifs hit. Start our own design of solar powered autos..... heavy on the sarcasm here but how else do we get our green revolution?

[seldomseen]

I think we have hyperinflation already when a lousy pair of made in China gloves cost 40.00 Canuck bucks

[the big wheel]

So does Argentina.

Let that sink in.

Argentina was one of those shithole countries where dictators took the country for a ride. Now someone has to pay for it
Not unlike oil industry here taking the real money out of the country.

[helmsdale]

And by the time you put in the 2 hours necessary to pay for those shit chinese gloves the palm is already separating, and the forefinger has worn through.

[pourfarmer]

I think we have hyperinflation already when a lousy pair of made in China gloves cost 40.00 Canuck bucks

Watson has 2 lines, one made in Canada and the other made where its cheapest, China, Pakistan, etc. You need to look for the maple leaf on the packaging.

http://www.watsongloves.com/wg-products/products-subcat-listing/?cat=made-in-canada&sub=leather

[checking]

Helmsdale.

Jeepers, you are selling seldomseen's labour for cheap! Don't insult the man.

Face it, the gloves wear out from all the middle finger twitching that occurs when around politicians.

[seldomseen]

I don't feel insulted at all just wish I could get paid enough to pay for a pair in two hours. Just over the last few years or since the Lib took power gloves have gone from $20 to $30 and now $40! inflation alive in Canada.
If a pair of made in China cost $40 what will a pair cost made in Canada?
Just finishing drying some wheat in a Icey cold rain and gloves are kind of nice.

[furrowtickler]

Lol , check the price of anything from parts to new machines. I mean really a new 1/2 ton $80,000 ????? And no I am not pricing or even looking, just seen one in show room while getting my used one I bought fixed up.
We have been facing a steady inflationary period since 2009 . Look at absolutely everything from land to land rents to equipment to parts to Ag inputs to housing to even going to an Oilers game .... it’s all fukin ridiculous now. The problem is everyone thinks they deserve $200,000 a year to even go to work . So they charge the living shit out of everyone else . It’s a compounding inflation that is now kicking in everywhere.
I would have taken a hyper inflation once in one year to hit the reset button a long time ago . All that’s been happening in Canada is a steady drain on the average Joe's disposable income without people actually realizing wtf is going on . And now it’s starting to hit home , hard.
A perfect example, I watched sports net last night . Every single baseball game they showed had 80% empty seats .... its very very telling . This whole economy in North America is running on a very thin thread and way too much debt , Errol has been calling for this for years based on the numbers .. and he is right , this is about to implode badly . The only thing that was limping this along for longer was low interest rates , but even that now is a lost cause when one looks at the big picture and ignores all the political nonsense in all of North America... not just Canada but the US as well.
I see a North American wide 2008 very soon , it’s unavoidable now.

[bgmb]

Machinery is expensive but look at what it does these days. One big combine can easily harvest 3000-5000 acres a year depending on what part of western canada you farm in. 20 years ago a 5000 acre farmer probably ran at least 3-4 combines and probably harvested 2/3 the bushels he does today. you can buy a nice half tonne truck for 40,000 same as 5 years ago. The sky is not falling.

[furrowtickler]

Machinery is expensive but look at what it does these days. One big combine can easily harvest 3000-5000 acres a year depending on what part of western canada you farm in. 20 years ago a 5000 acre farmer probably ran at least 3-4 combines and probably harvested 2/3 the bushels he does today. you can buy a nice half tonne truck for 40,000 same as 5 years ago. The sky is not falling.

Well I call b/S on that . We did 4000 ac per year easily with a class 6 Gleaner .... ya one . That last one we bought was $180,000
No different than seeding , we did the same with a 40 ft outfit , no issues that cost less than the tires on the new outfits