Strictly speaking, Canada is not the US' greatest trading partner, Mexico is!
Below, COPILOT does the math from monthly US Census releases:
There are two aspects trade: imports and exports (hence, Balance of Trade). Too
many imports, a lower currency might be useful making one's exports more attractive.
Too many exports, one might want a stronger currency to go shopping in outside
markets...
One can follow the perilous fate of the Canadian dollar from Yahoo finance:
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The price of oil is low, China's growth is less than expected, and housing is an issue.
Did find evidence that the presure on housing in the US might indeed be coming from
large investors buying up family housing for profit (an issue that Robert Kennedy had
brought up in the autumn election). Noteworthy here is that such a bubble rises fast,
but can also deflate quickly...
But enough with all that.
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This year, Christmas and Hanukkah fall on the same calendar day. Just made
cookies from a Joshua Weissman recipe:
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