NHL and NHLPA “watching closely” decline of Canadian dollar

[Jumptheshark]

Yeah, I know. Just having fun. I always get a kick out of the rhetoric " The US economy was humming along when so-and-so was in charge but went into the crapper when party B took over."

I am trying not to bring politics into this because many people who see this thread wont behave. Being in Europe gives me the ability to look from the outside in. What is hurting the looney is how unpopular JT is, Canada has to have an election by October 25th and the guy who will be in the big chair in the US in Feb does not like him and many foreign investors believe he will us Canada a chew toy until JT is gone and even then he may still be pushing tariff's on Canadian exports to the US. that is causing massive problems.

 

[Jumptheshark]

I think posters need to realize and understand that the US is coming to the end of an election cycle and Canada is in one (whether people realize it).

Markets and investors hate instability, uncertainty, governmental uncertainty, lose of trust in both the government and business leaders. The list goes on.

Since August 31st the looney has lost .03 vs the US buck. Many things have caused this with the fact JT has not laid out his parties reelection plan in any way shape or form and when it became evident that their would be a change in the US top job, eyes turned north and investors and markets did not see leaderships not only in JT but in the business leaders and that lead investors to put their money elsewhere and the markets fallowed.

Economics is a difficult subject to explain because there are so many different versions of economics and understanding all the minutiae that comas with it.

Depending what happens between now and whenever Canada has the election--things could be interesting. And the instability will only grow and cause more trouble until then

 

[Golden_Jet]

I am trying not to bring politics into this because many people who see this thread wont behave. Being in Europe gives me the ability to look from the outside in. What is hurting the looney is how unpopular JT is, Canada has to have an election by October 25th and the guy who will be in the big chair in the US in Feb does not like him and many foreign investors believe he will us Canada a chew toy until JT is gone and even then he may still be pushing tariff's on Canadian exports to the US. that is causing massive problems.

Lol, tariffs will also hurt US citizens, when they start paying more for goods from Canada and other countries.