this post was submitted on 25 May 2025
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Take that, America.

Never underestimate the strength of Canadian resolve in the face of enemy action.

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[–] 7rokhym@lemmy.ca 20 points 1 week ago (10 children)

I think this is misleading. The exchange from with most currencies with CAD look stable.

The US dollar is dropping against basically everything and is how the administration knows they are winning.
Check out this sexy 30 year Treasury rate. The best in 18 years!

https://www.msn.com/en-us/money/markets/30-year-us-treasury-yield-nears-18-year-high-as-trump-tax-bill-triggers-global-bond-selloff/ar-AA1FiOKw

Take that losers!

[–] Daryl@lemmy.ca 7 points 1 week ago (5 children)

Spin doctors are paid to make even the most dismal of outlooks look fantastic.

High interest rates only make the treasury more insolvent - they have to pay out the higher rates, through higher taxes, eventually.

[–] CanadaPlus@lemmy.sdf.org 2 points 1 week ago* (last edited 1 week ago) (4 children)

This article is an example of the exact opposite, though. It's a Canadian news organisation spinning doom and gloom about Canada for clicks.

[–] Daryl@lemmy.ca 5 points 1 week ago (1 children)

Typical American obfuscation. Your posts are completely irrelevant to the topic. Only 'doom and gloom' I read in the article is the doom and gloom of America.

It is the ffinancialization of America - the concept that the American population can grow strong and prosperous by making money on money rather than by making things that has completely destroyed the economic foundation of the American working (formerly middle) economic level. Only those who are already rich can 'make' more money.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 week ago (1 children)

Ah shit, I misread the headline.

[–] Daryl@lemmy.ca 4 points 1 week ago

That would explain it, then.

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