@trails3597 the problem is that we are allowing the usa to keep us all safe when we should be doing it ourselves. Take for example Canada.. we had blackberry here but they allowed it to be sold out and no innovation. Any new innovation that comes out in Canada quickly gets sold over to the usa. Which is crazy. Canada can do much better with tech companies than the usa but the usa gets so paranoid they buy all these companies and they move to the states.. some of them move on their own too cause of high taxes and red tape
weak cad = low productivity = reduced purchasing power = general impoverishment
Exactly
Canada desperately needs to export more.
The US economy is on a tear. No other economy comes close.
How or why you say so
@@youpedia4614 AI, Uber, AirBnB, Tesla, SpaceX, Apple, Nvidia all world leaders in their field. Some w/o peers.
@trails3597 the problem is that we are allowing the usa to keep us all safe when we should be doing it ourselves. Take for example Canada.. we had blackberry here but they allowed it to be sold out and no innovation. Any new innovation that comes out in Canada quickly gets sold over to the usa. Which is crazy. Canada can do much better with tech companies than the usa but the usa gets so paranoid they buy all these companies and they move to the states.. some of them move on their own too cause of high taxes and red tape
I'm US based. It's on a tear only because of stimulus and debt. Once the monetary accommodation is removed, it all comes down.
@@ShamileII Not the AI boom. The stimulus is long gone and QT started in June 2022.
More exports yes
It doesn't take a ceo to understand this planet commonsense, seeing how irresponsible the govt is this is not a surprise
The canadian dollar is the most shorted currency in the world now, so the opposite could happen
If, big if, i want to convert my money thats in USD to Canadian Pesos...
Already has been happening . Look at SP500 in both currencies VOO vs VFV
Canadian dollar going to win!
Nah as long as we are less populated country we need to stay lower no hegemony thanks!
@@davidlefranc6240Trudeau is guaranteeing canadian productivity breaks records
no it wont canadian dollar is shit. no industry, nothing great comes from us ... we still live in the early 2000s here
@@Doggo954 you crazy everyone rich we don’t need anything from anyone we have all the resources America just holds us down
@@TheJoeMoneyShow we have minerals that we can't even mine because of over regulated industry. like what lol ur crazy