Elbows-Up Economics

A currency is the equivalent of a share in a company.  When the future looks great, the currency increases as investment creates demand for that underlying currency.  So far, the Liberals have deterred investment and scared away most that was here. Hence, our pathetic currency.

There are zero reasons the Loonie cannot be par or stronger than the US dollar other than Liberals. Harper handed off a well-oiled machine that the Liberals destroyed. Our currency proves this. The further we move away from the US, the more our dollar will collapse. 

What is very interesting is that Carney's family lives in the US and 93% of his investments are in the US.  What is good for Carney has to be good for Canada. Instead he is pairing us with another extreme-left region of the world that is also crumbling.

Trust the actions of your leader.  Choose the 51st. Not the 28th.  

Elbows-Up Economics

"Consumer (non-mortgage) credit climbed 0.2% (+$1.3 billion) to $835.7 billion in July, up 4.7% (+$37.6 billion) since last year. The growth rate remains higher than mortgages, and this isn’t one of those good consumer growth surges. 

The recent consumer credit bump is due to consumption smoothing and/or distress borrowing, according to TransUnion. Smoothing occurs when households use debt to avoid cutting expenses when their incomes fail to keep up. The credit agency warns that households are tapping higher-interest revolving credit to absorb the higher cost of living. TransUnion also found that mortgages were rising under similar circumstances, as balances are climbing on existing accounts, not new borrowing."

Canadian Debt Hits $3.29 Trillion As Distress Borrowing Surges - Better Dwelling

Elbows-Up Economics

Elbows-Up Economics

 Who cares though! At lease we're not American.  Right, Liberal's?

Trump turns to Russia’s closest ally after Ford threatens to cut off potash

Canada is well suited for the EU.

I guess this is why Carney Marx has all his money in the US and not Europe.  What is best for Carney is best for Canada. 51st over EU anyday.