83 sats \ 20 replies \ @Undisciplined 22 May \ on: June rate cut for Canada? econ
It’s really odd. Is it just the financial sector applying pressure, because they miss low interest rates?
At least in the US, I don’t see rate cuts coming until CPI is under control.
It seems like it would not be wise for Canada to cut rates before the US does.
I think the Bank of Canada is very concerned about the insane debt levels of Canadian households and the real estate sector, which has propped up the economy for two decades, crashing.
Whereas I think the fed is more concerned about the bond market in the US.
Both likely to capitulate before inflation under control as they are forced to choose between the lesser of two evils.
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Wouldn’t the capital flight be insane if Canada unilaterally cuts rates?
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I am sure there will be some but taxation on foreign investment can be onerous depending on what you own and under what structure.
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Is Canada doing a lot better than the USA?
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lol
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Laugh it up now. You won’t be laughing when SGA leads team Canada to gold in the Olympics. Dream Team pfffft.
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Jokes on you. I’ll also be rooting for team Canada.
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Indy hanging in.
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Awesome! I took a flier on the Pacers to pull off an upset.
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They keep falling behind but coming storming back. Impressive
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I think they’re going to pull it off.
Team Maple welcomes you to the bandwagon.
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Haha. Yes Canada is usually pretty good at bobsled.
Feel the rhythm, feel the rhyme, get on up, it’s bobsled time.
Classic
Not even in hockey anymore apparently.
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