Canada trade deficit rose as imports grew faster than exports

This is in response to this article:
https://www.reuters.com/article/canada-economy-trade/update-2-canada-trade-deficit-jumps-as-rail-problems-cut-grain-exports-idUSL2N1RH1E5
Canada it’s here, the entitlement era is coming to end and I don’t think Canadian governments are understanding the shift that’s taking place. Canadians are making less in a time when we should be making more, Canadians are feeling the sense of entitlements in an era where we should be questioning some of the entitlements we already have. In my personal opinion Donald Trump should be a wake up call for Canada.

Empire America is coming to the realization that it must undergo som painful changes if it wants to remain a powerful empire in the future. For the most part Empire America hasn’t gotten rid of any entitlements under Donald Trump, but it has lifted regulations on some key industries.

Personally I’m anti entitlements, but in an era where people love and expect entitlements I’m understanding of Trump’s position to push America first in the form of protectionism, because if for example he were to take on a Libertarian point of view, the pain would be too great for Americans to swallow and the push back would be so great that he would have no hope of changing anything. The America first position at the very least is an appeal to Leftist to consider Trump as a person that has their economic interest at heart.

In Canada however our centrist Liberal party has taken a Leftist position which is basically making Canada less competitive in the wrong time. If Canada imports more than it exports it’s going to put a lot of pressure on the Bank of Canada to raise interest rates. In a country like Switzerland which has minus interest rates they boosted Exports at  an all-time high in 2017 as they’ve diversified their economy.

So as an example when Switzerland goes to minus interest rates, it really doesn’t matter because their private sectors are doing so well, thus giving more incentive to other companies to invest in the Swiss private sector, over their socialist banking sector being that there’s a better bang for their buck in the private sector rather than leaving their money in Swiss Francs. Do you get it? For every action there’s a reaction. If one area of your economy (your central bank) is socialised you must on the other hand have a private sector that is far more appealing to investors.

In Canada however all indicators are pointing to get the hell out of the Canadian economy now, disaster looming. If you want to have entitlements the private sector has to be profitable, the private sector has to have the appearance of an open market where an investor has a great chance of making a profit. Canadians beware, as I’ve stated before if the housing market in Canada ever gets stagnant game over. The housing market is not allowed to shrink if it does and Canadians can not borrow money while manufacturing jobs leave the country, turning Canada into a service sector economy hyperinflation will become a reality.

When Hyperinflation hits Canada it won’t be what most people think, it will be a quiet hyperinflation. The Loonie and Toonie were created via Hyperinflation, the penny was eliminated because of Hyperinflation. The government at that time had to think about preserving paper over preserving coins. Because it costs money to reprint paper and being that $1 and $2 notes were widely used it was smart during that period to think about getting coins which would save money in the long term.

Around the year 2000 the Canadian penny cost more to make than it was worth because of HYPERINFLATION. It was quiet hyperinflation, but one day Canadians wake up and the money they made a day earlier is worth less, the price never goes down and the same item that weighs 2kg for $5 now weighs 1kg for $5. That’s how hyperinflation happens. Beware Canada! It’s here and nobody knows when this bubble will pop, but it’s here!