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How bad is the economy going to hit the fan

Discussion in 'Canada' started by Sterdog, Jan 16, 2015.

  1. Jan 29, 2015 at 8:27 PM
    #81
    OZ-T

    OZ-T You are going backwards

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    No passport
     
  2. Jan 29, 2015 at 8:32 PM
    #82
    SOSHeloPilot

    SOSHeloPilot My 1st Muscle Car

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    Missing My Last Tacoma --- Had 11 Toyota trucks in the past and many other Toyota cars too.

    The US Fed is now questioning tightening the money supply ... maybe keeping easy money longer ... due to world wide economies ... that will take pressure off the CDN $$ and oil has to bottom soon which will help.

    IMO ... a 75 cent CDN $$ is a psychological point also.
    .
     
  3. Jan 29, 2015 at 8:33 PM
    #83
    OZ-T

    OZ-T You are going backwards

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    US Fed is looking to raise their rate while Bank of Canada may drop ours again in March
     
  4. Jan 29, 2015 at 8:46 PM
    #84
    Sterdog

    Sterdog [OP] Offline

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    Strange times.
     
  5. Jan 30, 2015 at 12:18 PM
    #85
    OZ-T

    OZ-T You are going backwards

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  6. Feb 1, 2015 at 2:00 PM
    #86
    OZ-T

    OZ-T You are going backwards

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    http://www.cbc.ca/news/canada/calgary/alberta-farmers-cautious-about-low-fuel-prices-1.2939589
     
  7. Feb 1, 2015 at 3:54 PM
    #87
    Sterdog

    Sterdog [OP] Offline

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  8. Feb 1, 2015 at 8:42 PM
    #88
    OZ-T

    OZ-T You are going backwards

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    The " low dollar may not be good for farmers in the long run " was the part I was alluding to
     
  9. Feb 1, 2015 at 10:07 PM
    #89
    Sterdog

    Sterdog [OP] Offline

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    It all depends. If it keeps the cost of fertilizer and other inputs high while not effecting the price of grain (look up basis) then yes it can hurt the farms. Farming is my industry. I won't judge the fallout until the market has adjusted itself, and we are through one full season, with a lower dollar.
     
  10. Feb 2, 2015 at 11:32 AM
    #90
    OZ-T

    OZ-T You are going backwards

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  11. Feb 3, 2015 at 4:26 PM
    #91
    OZ-T

    OZ-T You are going backwards

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  12. Feb 3, 2015 at 4:32 PM
    #92
    Sterdog

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  13. Feb 3, 2015 at 4:34 PM
    #93
    OZ-T

    OZ-T You are going backwards

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    Yep

    So now the economy is the shits and there is no up side for consumers
     
  14. Feb 3, 2015 at 4:37 PM
    #94
    Snowman

    Snowman I have a problem for your solution…

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    Takes at least a couple months after crude prices dropping to see a change at the pumps. Speculation of oil rising and up goes the gas prices.
     
  15. Feb 3, 2015 at 4:40 PM
    #95
    Sterdog

    Sterdog [OP] Offline

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    There's the key. Honestly the gas in the pumps right now came from oil worth $48 a barrel. I'm not sure why we should have to pay a speculative price for something that's already been bought and processed. It's exploiting the consumer.

    :rant:

    Rant over.
     
  16. Feb 3, 2015 at 4:41 PM
    #96
    Snowman

    Snowman I have a problem for your solution…

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    100% agree.
     
  17. Feb 11, 2015 at 12:00 AM
    #97
    OZ-T

    OZ-T You are going backwards

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  18. Feb 11, 2015 at 7:54 AM
    #98
    Sterdog

    Sterdog [OP] Offline

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    Wat
     
  19. Mar 17, 2015 at 10:17 PM
    #99
    OZ-T

    OZ-T You are going backwards

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    Bank of Montreal dropped it's 5 year fixed mortgage rate to an all time low of 2.79% today
     
  20. Mar 18, 2015 at 4:04 AM
    #100
    Stuligan

    Stuligan Well-Known Member

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    Sweet! Too bad I bought a house mid-february and got 2.69% at TD... should have waited and got an even better rate!
     

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