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Canada considering charging for road access from USA to Alaska

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41–50 of 355 posts

Re: Canada considering charging for road access from USA to Alaska

#43
post #7

I’m surprised all the countries the US is trying to bully aren’t considering moving to the Euro as the reserve currency (even China might go along with this). It would be so damaging for the US they might actually understand they have been benefiting from a win-win situation since the end of the Second World War.

The dollar is appealing because you can buy US treasuries for however much you have of it (because America's debt appetite is almost unlimited). I don't think you do that with the Euro yet, holding it would be much more complicated because you couldn't stash large amounts of it as easily into bonds. Also, the EU might not like being a reserve currency, and can do what the swiss did when CHF was used abroad too much:…

The EU appetite for debt would grow if non-EU kept trying to buy it. It would force practical EU interest rates lower regardless of what the central banks do, allowing governments to choose to take on more debt-funded projects due to debt being cheap

Re: Canada considering charging for road access from USA to Alaska

#45
post #4

That makes perfect sense. It puzzles me why supporters of the current US regime think Canada won’t resist the US. Be it a trade war or a military invasion, Canada will make the cost so great that it may eliminate the US from the world arena. Canada has been cornered and has nothing to lose at this point.

Regime?

Re: Canada considering charging for road access from USA to Alaska

#47

[flagged]

You are calling for the invasion of your own country? Surely you realize that is a very fringe view.

There is such an echo chamber among the Albertan far right that they fail to see exactly what a fringe community they are.

Unfortunately they have deep pockets because of funding from the US.

Re: Canada considering charging for road access from USA to Alaska

#48
post #7

I’m surprised all the countries the US is trying to bully aren’t considering moving to the Euro as the reserve currency (even China might go along with this). It would be so damaging for the US they might actually understand they have been benefiting from a win-win situation since the end of the Second World War.

On the contrary, a weaker dollar would make exports more competitive and imports more expensive, thus realigning trade balance.

https://www.lynalden.com/fraying-petrodollar-system

Re: Canada considering charging for road access from USA to Alaska

#49

What a lot of commenters cheering this headline might not know is that there is only one single internal road connecting east and west canada which regularly closes. Most commercial routes go through the US. Don't believe me? Route Ottawa to Vancouver in google maps. This move would amount to throwing rocks from a glass house.

Trans-Canada regularly closes? That's news to me. The reason google maps goes through the US is that it's significantly shorter. We also don't haul things regularly across the country in the same way they do in the US, we use the trains, and the majority of things would go through ports. If you're on the eastern half of the country (which is the majority of the country) they use the great lakes.

Re: Canada considering charging for road access from USA to Alaska

#50

How small-minded Trumpism is, just frustrated lashing out at things they refuse to understand. Canada has been so close to the US we would lovingly joke about it being "the 51st state". Canada's cities are all pressed up against the US border precisely because it's so tightly economically integrated with the US. We share the world's longest undefended "border" for a reason. The small minded neofascists think that som…

They are consistently on the wrong side of Chesterton's fence. Many of them were completely blind to politics until 2016 and have suddenly entered the chat with no context or background on what they're talking about. They assume, ignorantly, that everything that they can't immediately understand is a needless barrier erected for no reason and without context.

This is a very intentional worldview organized, funded, and distributed by - shocker! - powerful people who find themselves constrained by the law.

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