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Canada-China Trade War? Chinese blockade on Canada’s largest grain producer – March 7, 2019,

Posted on March 7, 2019 by RichInWriters

Canada-China Trade War? Chinese blockade on Canada’s largest grain producer – March 7, 2019,

According to TheCanadianPress.com there’s some information I think the people interested should consider reading:

One of Canada’s largest grain processors said Tuesday that China has revoked its permit to export canola there, a move that some saw as retaliation for the Canadian government’s arrest of a top executive for the Chinese tech giant Huawei.

The full story can be read below on MSN.

Chinese canola decision weighs on prices – thecanadianpress.com on msn

So, for a person like me, I think this is a healthy time for Canadians to reflect on what’s happening to our great nation. Our dependence on a communist dictatorship run country like China is too massive, by destroying the manufacturing in our country to become a service sector economy for the third world or formally third world nations like Communist China, comes at a price, a huge price and for the first time, Canadians are starting to see the repercussions.

Liberals, Leftists, the Political left is at a point now, where they believe that it’s time the western world but greater emphasis on social justice and saving the environment, the problem with these initiatives are not the costs, it’s the fact that the people telling us to make these changes aren’t willing to lead by example, I know a lot of Leftists that have the knowledge and the connections to contribute to making the world a greener place, however they refuse to do anything because they’d prefer (taxpayer funded) resources be centralized or sent to the government, so they instead can continue on with their lives.

With the exception of Elon Musk, you don’t really see any rich Leftists types putting their names on the land building green businesses and the reason for this is they’d rather pass the ridicule onto an external entity. This concept of throwing money at problems and hoping they’ll go away is the main thing leading to an increase in mental health-related issues. This lazy big government attitude is what’s putting communist dictator run countries like China in the driver’s seat.

Canada could be the greenest place on earth but if we’re reliant on China to send us Manufacture our goods, we’re contributing just as much to pollution as they are, voting with your dollars, that’s what Canadians are doing every time they buy something made in China, which is an indication of our hypocrisy. How what I’m saying correlates to China’s blockade on Richardson International Ltd. which is one of Canada’s largest grain producers is that Canada is increasingly putting China in a position where they can simply turn the taps off.

If China one day simply said, we’re no long exporting anything to Canada, nor are we accepting imports to Canada, the only nation Canada has the option to trade with at this point in America, now in the terms of the agreement with the new USMCA deal Canada is going to be subject to Donald Trumps US Reciprocal Trade Act, meaning that as it stands now where Canada tariffs the hell out of U.S made products, that may contain parts that aren’t American made, we’d be in a hell of a bind and in a terrible negotiating position. You can learn more about Donald Trumps US Reciprocal Trade Act

Trump wants Congress to give him more power to impose tariffs – Vox

if you don’t have a comprehensive approach to economics, if you’re the Peter Schiff of Euro Pacific Capital type that only sees what America does wrong and not what the rest of the world is also doing wrong, you’ll more than likely take an emotional approach to Donald Trump and not understand that what he’s actually done is change the world’s economy entirely. It’s not to say that America’s day of reckoning isn’t approaching, it’s that Trump gave America the flexibility to fight back when the rest of the world finds itself indebted to the U.S, because of their own self-inflicted tariff policies.

Canada, as I’ve been saying ever since Canadians hired Justin Trudeau, is now on the wrong side of history. I genuinely don’t think that Justin Trudeau understands that when of 30% of the Canadian economy becomes dependent on the Government in some capacity that there’s going to be stagnation, now stagnation is okay if consumer debt is low, but in this economy stagnation equals a crash, because it’s important to understand the debt trap exists because the expectation of the lender is that the borrower will never pay back the loan and will instead pay back portions of the loan or only the interest.

This scheme works as long as there are lenders, but it’s extremely important to know that Canada’s credit rating remains high because historically Canadians have paid back their loans, the issue now is that because not only individuals are in debt but also a large number of Canadian businesses who employ people are in debt also, this, of course, keeps interest rates low and also because if the BoC raises rates too much a lot of business people will suffer, which puts a strain on jobs which could cause the entire Canadian economy to crash, but here’s the problem that I don’t think a large portion of the world is understanding.

DEFLATION is coming, even Donald Trump sees it, it’s inevitable at this point, the entire planet has been playing this inflation is a good thing game and a lot of the world’s goods are artificially high because lending has become a lot easier and the bad side to this are stagnant wages, because business not dependent on the Government have to be fiscally responsible and these businesses, especially in Canada, are either downsize, living or shrinking, sure there are some that are growing in Canada, but there aren’t that many and this problem is a huge problem that is going to make not only China but other countries that start to pay attention realize that in order for them to hoard Canadian dollars the Bank of Canada or the Federal Government of Canada are going to have to give them something, whether it’s Canadian assets or a higher interest rate.

Personally, I’d prefer the higher interest rate, but then again I’m one voice amongst a government created Canadian corporate welfare dilemma. I’ll keep saying this to Canada, this isn’t the 1990’s anymore, this is a different type of territory Canada is in and the day of reckoning for us is fastly approaching, this China issue may simply blow over and become yesterdays news, but this to me is a warning sign that if changes aren’t made to the Canadian economy soon, we have some serious challenges heading our way.

Interesting times ahead.

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