Canada Has Fallen: Here's What It Means for the World

Canada's Prime Minister resigned, as expected, just as Canada announces more troubling economic data. The whole saga of PM Trudeau's downfall is actually perfectly illustrated by the loonie; and it applies to a lot more than Canada. It's a warning to both existing governments as well as the successors who take over for them after voters have had enough.

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[Grace.h-to]

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

[nicolasbenson]

Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.

[althunder]

Trudeau has not resigned. He has announced he will eventually leave once a new party leader has been elected and this will be by no sooner than May 2025. He also proroged parliament which means there will be no government business done for at least four months. This means no non-confidence vote by the opposition parties that would topple the government. So Trudeau will be PM for many more months.

[thefirstgoal]

The trickery he got away with by saying he "will" resign is basically the same as "2 weeks to flatten the curve." What a con...

[_Bike_is_Life]

Trudeau states he WILL resign, not that he IS resigning. A snake can be nothing more than a snake.

[onthefarside]

Canada hasn't fallen. They are just getting rid of a horrible leader. Sometimes, it hurts to see the direction your country is going, and I'm thrilled to see Canadians taking action to correct it.

[anthonysaponaro]

The People are SICK and TIRED of being SICK and Tired . . . . .
For nothing!

[Riggsnic_co]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[kkiller]

Not just the economy. Loads of injustice and authoritarianism, too. Arguably, that was a bigger issue for a lot of voters.

[canadian_investor]

Not just the economy but also ethics violations, scandals, embarrassments, and Canadians suffering along with his out-of-touch ego trip.

[NicholasPittman-nk]

What do you expect when Canada was the worlds welfare office for the last 9 years and expecting Canadians to pay for it while treating them as second-class citizens

[LeonidRosenboim]

One notable miss in this show is Argentina where the president is an economist, and did just what you profess for all governments to do, and it works!! Nothing drives a point like a success story.

[viviancarolgioao]

Inflation is caused by the Federal government spending more than it earns, because they just print more money to make up the difference. To solve inflation, reduce wasteful government spending. Your tax dollars should be spent well, not poorly.

[jfferland]

it was not just about economics, it’s about everything

[coolboywizard]

Demonizing and debanking the truckers and their suppirters sealed his fate.

[edhagel]

He never Resigned. He said he was going to, he’s still in charge

[hotcoffee]

So, the system is working as planned. Good to know.

[DorianGreer]

Too much of the wealth is going to the top and not in the hands of the labor that creates it.

[stevenrowlandson]

Politicians are out of touch. All of them.

[aliensgotme]

We didn't fall, we were torn down !👎