1trailmaker
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Posts posted by 1trailmaker
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Okay here is the direct link to World Economic Forum - from 8th to 2nd
https://www.weforum.org/agenda/2016/01/the-world-s-best-country-clue-it-s-not-a-nordic-nation/
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18 minutes ago, 02sled said:
Tops for what Fail and according to who... depends on the assessment. Is it quality of life, economic stability, GDP growth, what? I can do all kinds of searches and find all kinds of lists where the rankings are all different depending on what they are looking at and who is doing it. It sure wouldn't be good if we were #2 in debt per capita would it. You need to put it into context and support it.
Overall Truedope sucks. Finally though about a year into the job he actually did something meaningful and worthwhile and got the leaders of the worlds largest investors together to talk about finances. His focus was to get them to invest in infrastructure which however means they would be financing his pet projects and as a result earning a ROI which would ultimately add to our debt and cost us significant amounts of money. The part which is good is that with all the participants whose business is to loan money in the room they would all be competing and he could be sure of getting the most favourable rates possible.
all of the above and more - lol I don't put anything in to these stupid surveys but its was fun to post
The list is a joint venture between the WEF, U.S. News, and the University of Pennsylvania.
http://dailyhive.com/vancouver/canada-best-country-in-the-world/
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3 minutes ago, ArcticCrusher said:
Sure but labour is the bulk of the costs so it's minimal.
but there are way more of these jobs then in trees
like I said these guys are not benefiting from a low dollar.
What is wrong with 90cents (if we could get it there again) Do you think the USA will stop buying our Trees? not likely
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15 minutes ago, ArcticCrusher said:
Those are not the high paying jobs, closer to min wage actually. Say what you want but the exporting companies are starting to expand cause they see better returns, those are good jobs.
There are masses of buildings in Toronto filled with people making 6 or 7 figures and they are all not in the export business. Look Trade is good and our resources are plentiful they will always sell no matter what happens. We are not exporting zippers or really any product like that, its all resources in the big picture. So lets stop thinking a low dollar is good for all.
I will say we dont see much difference in the retail but off shore we sure do for everything.
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2 minutes ago, 02sled said:
Would you be willing to have wages go down when the $ goes up and the company profits go down. Something tells me ABSOLUTELY NOT. No risk for you...just the owners of the business.
if you are willing to not post like a little girl you can continue to be involved
As a matter of fact wages do go down for people in those industries because profit targets don't change. I see no reason why you should take home less because trees cost more
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18 minutes ago, xtralettucetomatoe580 said:
More so the lower your dollar, the more able you are to export goods due to costs being lower. Hence why China has been devaluing their currency. Have to maintain a lower Yuan in order to maintain the export flow that is building their economy. Unfortunately both the US and Canada have free floating currencies that cannot be manipulated directly by our respective central banks in the manner China can.
lower for the foreign buyer not the citizen - there lies the problem
China can make cheap stuff for many more reasons then the Yuan low, billion people willing to work for nothing helps lol
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2 minutes ago, ArcticCrusher said:
Those are not the high paying jobs, closer to min wage actually. Say what you want but the exporting companies are starting to expand cause they see better returns, those are good jobs.
I was talking about a business owner as they pay more for tools and supplies - point is they don't export anything if anything they import
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4 minutes ago, xtralettucetomatoe580 said:
Its a net effect that is directly influenced by net exports and currency circulation. Doesn't matter if you work in "export" businesses or not. It effects you.
I would go for that if wages went up when dollar goes down but they don't, so profits are not for the masses and either is a low dollar. AS soon as the dollar goes down prices go up across the board but don't go down when the dollar is high
USA on the other hand enjoy a high dollar and low prices as you buy our products cheap
I understand the idea of better trade - same for the consumer being able to buy more with the same amount of money, this benefits everyone too. 90 cent dollar for us works well IMO while others think the more government destroys the value of our dollar the better they are
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Top Countries 2016
- Germany
- Canada
- United Kingdom
- United States of America
- Sweden
- Australia
- Japan
- France
- Netherlands
- Denmark
- New Zealand
- Austria
- Italy
- Luxembourg
- Singapore
- Spain
- China
- Ireland
- South Korea
- Brazil
- Thailand
- India
- Portugal
- Russia
- Israel
Go Trudeau
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31 minutes ago, Sludgey said:
Holy fuck man who do you think these people work for.
most don't work in the export business - lets use a Plumbing business, reno business, lawn care business, taxi business all pay more with low dollar
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32 minutes ago, ArcticCrusher said:
Profits rise when you export to a country with a higher dollar. Esp when you sell in us dollars. Need more explaining?
wages don't and consumed products go up too - if only it worked for all instead of very few
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22 minutes ago, Sludgey said:
The logging and paper industry took a shit kicking.
interesting
dollar 0.97
his survey of public companies shows that most Canadian companies achieved generally positive results in the fourth quarter, particularly when compared to 2012 performance. For example, the net earnings of nine selected Canadian western-based companies increased from $10.6 million in the fourth quarter of 2012, to $48.3 million in Q4 2013. The net earnings of four eastern-based companies went from red to black, improving from a loss of $57.6 million in the fourth quarter of 2012 to earnings of $7.9 million in the fourth quarter of 2013.
I think the shit kicking you refer too was due to lack of buying from a troubled USA market from the crash. Could they make more profit with USA as dollar drops? sure.
plenty of profits were made in the years of high dollar - slug what is wrong with say a 90c dollar? You realize as the dollar drops many of our products go up in price (and doesn't work the opposite way)
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28 minutes ago, ArcticCrusher said:
Good thing your not running the country.
same goes for everyone here
Can you point out who was hurting from the higher dollar we had? certainly not you or slug so who was it?
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34 minutes ago, ArcticCrusher said:
Harris was voted best Premier out of 81. Wynnebag was vote worse out of current.
You and you pay freezes.
by who? certainly not the population of ONtario
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38 minutes ago, Sludgey said:
Since we are an exporting country we do better on a weaker dollar.
well I am going to say 90% of the country doesn't export but rather are just consumers - 85c-90c would be much better
but keep thinking of yourself
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6 minutes ago, Sludgey said:
Wat
Buddhist
what are you on about slug?
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looks good, what is the bed run? 100 feet it looks like
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52 minutes ago, ArcticCrusher said:
Are you kidding me.
Rae increased the debt from 35 to 90 billion in 4 years.
Harris increased it from 90 to 132 over 8 years.
The Tards have gone from 132 to 300 billion (350 projected in 2021) in 12 years. What you need to look at is the debt to GDP as well, Harris got it under control, it continues to rise under Wynnebag.
And no our health care is in shambles, stop fooling yourself thinking its good.
I know the numbers so there is no need to repeat what I already posted. Dulton and Harris added 50% to budget each in the 7-8 years, but like you always say about Harper "worst recession ever" well Dulton had the recession and Harris didn't plus balanced budgets and paid back debt something Harris didn't do ever. Its all how you look at things, you are ONEWAY that is clear.
Rae worst ever but if you look at the numbers around the world you will see the same type of debt by many countries. Same goes for Trudeau 1
But back to Harris, he did alot of damage more than most Premiers have done there is no doubt about that. The only thing good was the 8 year pay freeze
Now we are back trying to get rid of the current government, last attempt was lame to say the least
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24 minutes ago, ArcticCrusher said:
I have never stated otherwise, they are dealt the hand given to them and must play it.
Side of mouth reaped the conditions that were favorable to Canada with a lower $CAD. I never said said he did not do a good job, however wasn't he the finance minister under PET, that was a shitty job.
Did you ever give Harris credit?
why would I give Harris credit,he got my vote the first round but not after that. He cut services, closed hospitals, made huge unions, and mega city machines all a failure to this date. All this while increasing debt 50% similar to the Liberals today in the same time frame..But the liberals have built new hospitals and increase over all health care and other services. So tell me which do you think it better? same debt increases adding service vs taking them away.
Harris had an obsession with Teachers (due to him being a lousy one) I think that really hurt him and his plan
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14 minutes ago, ArcticCrusher said:
What was the dollar during Chretien's run. It helped the country.
Yes it has, Trump's win has helped stocks at the expense of bonds.
A $Trillion wiped out I believe.
As I said I am used to lower dollar, and the 90's were joyful for all. Its only the weak that really believe a PM or President is actually responsible for it.
Although you give zero credit to the liberals ever you do tend to blame them for the bad only - our dollar was near all time low then 63c bottom..... Imagine balanced budgets with a worthless dollar
don't forget this value is in comparison to USA strengths or weakness, it doesn't really affect homeland buying power
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Just now, ArcticCrusher said:
A dollar at par was killing any Ontario business that exported, ie most.
but it helped consumers
either way I am used to a low dollar but really enjoyed buy shit and paying less than the asking price due to the exchange.
30cents is just too much of a gap to help the country as a whole
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11 minutes ago, ArcticCrusher said:
It will get stronger once they raise interest rates. Down goes the CAD, back to 70cents.
according to you that is a good thing, funny how you never hear any other country cheering a lower dollar like you and 0tool do ( I should say used to under conservatives)
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Just now, xtralettucetomatoe580 said:
Yes. It upsets me when veterans causes are used as shitty politics. So unless you want to see me go off some more, I suggest you shut the fuck up on the subject.
So ask yourself, did you get what you wanted out of this? Did you really make Trump look like a little man at the expense of veterans who don't need you to do so?
Fuck off.
no I didn't get anything out of this, I am behind Trump for now and will wait to see what he does but I think he should have shown up somewhere - if you have a problem with that too bad. Its something that has been done for since 1919 maybe its time to stop the practice since its not needed according to you
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4 minutes ago, xtralettucetomatoe580 said:
No, because I don't stick my nose in Canadia's business guy. So take note, and stick your's back on your side of the border. Nor do I care what you celebrate. But when you want to stick your shit in how our president-elect should act because of petty politics using OUR holiday, I will and have every reason to tell you to go get fucked. Now, go get fucked.
Our Memorial Day is in May... Like Momo said... HAHAHAHAHAHHAHAHA mind your own fucking business NOOK! How dumb can you be? Wants to stick his nose in our lane and act superior, too brain dead to know what he is talking about.
wow
US dollar finds new life because of Trump
in Current Events
Posted
no doubt there, but than again we pay much more for our cars - see the trade off