• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Canada on the path to becoming the Argentina of the 21st century

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 template Next
    #1

    Canada on the path to becoming the Argentina of the 21st century

    An inefficient population
    No infrastructure
    Market isolation
    Pseudo-socialist doctrines
    And huge trade deficits

    https://www.jwnenergy.com/article/2019/3/plunging-oil-exports-lead-canada-worst-back-back-trade-deficit-record/ https://www.jwnenergy.com/article/2019/3/plunging-oil-exports-lead-canada-worst-back-back-trade-deficit-record/


    On the last point... How the hell can a couple try as rich in resources and land with a small population have a TRADE DEFICIT

    Canadians need to give their collective heads a shake.


    We are exporting over 4 billion a month in wealth out of this country right now.
    Last edited by Klause; Apr 7, 2019, 10:09.
    Tags: None
    #2
    Oh, that was disappointing. I thought Argentina was the bee's knees and a shining example of how we should all be doing things. Now Canada might become as bad as Argentina if we don't shape up?

    Comment

      #3
      Originally posted by grassfarmer View Post
      Oh, that was disappointing. I thought Argentina was the bee's knees and a shining example of how we should all be doing things. Now Canada might become as bad as Argentina if we don't shape up?
      Argentina "lost" half a century. Finally slowly clawing their way back.


      Meanwhile we are entering our society's dark ages.

      Comment

        #4
        Truth hurts, grass.

        Comment

          #5
          With a small population and a land loaded right up with resources why oh way would you have to run deficits. Only way possible is the most wasteful inept stupid people running the show!

          The fruits of socialism!

          Comment

            #6
            Originally posted by seldomseen View Post
            With a small population and a land loaded right up with resources why oh way would you have to run deficits. Only way possible is the most wasteful inept stupid people running the show!

            The fruits of socialism!
            Sosolism my ass ,capatilisim at its best.

            Comment

              #7
              The bullseye is in the middle of the target not to far right or left. And only hitting it wins. Not scattering shots all off paper like happening now.

              Comment

                #8
                Originally posted by seldomseen View Post
                With a small population and a land loaded right up with resources why oh way would you have to run deficits. Only way possible is the most wasteful inept stupid people running the show!

                The fruits of socialism!
                Which socialists are you referring to? The ones in Ottawa filling their friends pockets and screw the rest or the ones in Saskatchewan you know filling their friends pockets and screw the farmers to pay for it ?

                Comment

                  #9
                  Originally posted by the big wheel View Post
                  Which socialists are you referring to? The ones in Ottawa filling their friends pockets and screw the rest or the ones in Saskatchewan you know filling their friends pockets and screw the farmers to pay for it ?
                  Ottawa because the ndp are not in power in Saskatchewan filling the unions pockets

                  Comment

                    #10
                    Originally posted by jimmy View Post
                    Ottawa because the ndp are not in power in Saskatchewan filling the unions pockets
                    Why do we have a deficit here?

                    Comment

                      #11
                      Originally posted by the big wheel View Post
                      Why do we have a deficit here?
                      Because we live in a society that is full of socialist capitalists.....ever see a company one here without government help?????...royalty holidays for oil and potash.....millions doled out to Regina's steel company...government help for international trade barriers can't be viewed as anything but a subsidy...etc etc etc...

                      The capitalists in this country are the largest government tit suckers...

                      Comment

                        #12
                        Its a mistake to be so pessimistic about Canada when the facts tell a different story. Take a look at the OECD and do some comparisons with other G 7 countries. http://www.oecd.org/canada/

                        For example, the US has a higher debt to GDP ratio than Canada and theirs is rising. Ours is lower and falling and we still have a triple AAA credit rating at the federal level.

                        There is a tendency for those in agriculture and resources to think the sky is falling when there are lower commodity prices or other headwinds are challenging their sectors. These are significant issues and painful for those that at are out of work or can't survive.

                        We have seen these low price parts of the cycle before. The youngins haven't and most of us know that you don't make your investment plans based on the most profitable years in the past.

                        But the reality is that China and global growth that was unsustainably high, drove a lot of investment in the resource sector. Now lower commodity prices because of increased supply and lower demand have come back to more normal levels.

                        The other major factor was the shale revolution in the USA has increased their oil and gas production. This was not predicted 15-20 years ago.

                        Most of these macro economic factors are beyond the control of any government.

                        In the midst of all this we have a protectionist president who attacks his neighbors and allies with tarrifs and threats and then starts the biggest trade war we have seen in a long while.

                        Yes we have incompetent politicians of all stripes that make mistakes but politicians come and go. The fundamentals suggest Canada is still one of the best countries in which to live and work in in the world.

                        Comment

                          #13
                          Thats right Canada is doing great ...Trudeau saved 9000 jobs that were never in jeopardy in the first place....they have been fudging the numbers in Canada for quite a while...while 100000 jobs disappeared in Alberta...

                          Canada is losing oil sales without a pipeline , major reductions in ag exports as well the economic benefits because of the lower prices ,,,,and the auto sector is leaving regularly...

                          Its all sunshine and lollipops...

                          Comment

                            #14
                            300,000 jobs disappeared in manufacturing during the high oil prices that drove the loonie higher and made our manufacturing less competitive. Mostly in Ontario. Now with a lower loonie Ontario's economy is better and Alberta's is worse off.

                            Tell me how you are going to keep lower skilled manufacturing jobs in Canada in the face of competition and protectionism from Mexico, China, India and USA? Automation and artificial intelligence is also stripping jobs quickly.

                            In which industries and sectors are we seeing job growth and investment globally?

                            Comment

                              #15
                              Originally posted by bucket View Post
                              Canada is losing oil sales without a pipeline , major reductions in ag exports as well the economic benefits because of the lower prices ,,,,and the auto sector is leaving regularly...

                              Its all sunshine and lollipops...
                              Fiat Chrysler just announced it would axe 1500 jobs in Windsor.
                              At the same time Fiat Chrysler announced a $4.5 billion plant in Michigan and will spend $13.5 billion total in USA.
                              Ford investing $1 billion in Illinois and $900 million in Michigan.

                              Trump is actively trying to get their auto sector working again and USA is now exporting oil.
                              Trudeau is actively trying to shutdown our oil industry, auto sector by implementing Bill C-69, C-48 and a carbon tax tomorrow.

                              Comment

                              Previous 1 2 template Next
                              • Reply to this Thread
                              • Return to Topic List
                              Working...