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. Eurodollar University's Money & Macro AnalysisFox Canada’s Trudeau announces resignation following party pressure amid criticisms of Trump, budget handlinghttps://www.foxnews.com/world/canadas-trudeau-announces-resignation-following-party-pressure-amid-criticisms-trump-budget-handlingBloomberg Canada’s Economy Shrank in November for First Time This Yearhttps://www.bloomberg.com/news/articles/2024-12-23/canada-s-economy-shrank-in-november-for-first-time-this-yearBloomberg One in Four UK Firms Cut Jobs After Reeves Budget, PMI Showshttps://www.bloomberg.com/news/articles/2025-01-06/one-in-four-uk-firms-cut-jobs-after-reeves-tax-rise-pmi-showsBloomberg Number of UK Retailers in Distress Surge 25% in Fourth Quarterhttps://www.bloomberg.com/news/articles/2024-12-27/number-of-uk-retailers-in-distress-surge-25-in-fourth-quarterUK Independent Tax and pay hikes to see UK firms pay £2,300 more per low-wage worker in 2025https://www.the-independent.com/news/uk/home-news/tax-ni-pay-wages-businesses-b2672875.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU