75% of Canada's exports go to the U.S., but since the U.S. has "decoupled" from the rest of the world, including its biggest trading partner, it's all good...
The second reason the Canadian dollar is falling is because Dow Casino gambling by "foreigners" is at a 69 year high, led by Brits and Canadians:
One reason for $CAD decline is that the yield on Canada's 10 year bond just fell below the U.S. yield, for the first time in history - for some inexplicable Central Planning-related reason.
The second reason the Canadian dollar is falling is because Dow Casino gambling by "foreigners" is at a 69 year high, led by Brits and Canadians:
But by far the most important reason for Canadian dollar decline:
Since 2008 and PEAK GLOBALIZATION, Canada's trade deficit has been a total disaster:
Fortunately, the U.S. trade deficit has only been a disaster since Reagan i.e. 1980
It's good to have the only reserve currency while everyone else is imploding. The only thing you stand to lose - from decades of trade deficits - is your economy. Outsourced by Mitt RomneyBot & Co.
