Do they know something we don't?
Bloomberg.com: "Canada's dollar fell for a third straight day as voters cast ballots in Quebec provincial elections, which polls suggest may produce a separatist-led minority government."
March 26, 2007
3/26/2007
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11 Comments
Makes for a nice story, but the dollar is in the same general area it has been for all of 2007, and is at the same place it was this time last year:
http://tinyurl.com/2xjq5g
It's just another example of economists making things up without a shred of evidence to support their pet theories.
The Quebecois nation speaks up tonight. The ADQ is the new old/ guard.
Dumont had better hope he finishes second (currently the ADQ is leading) because his candidates are as bad or worse than the cadre that got elected with Bob Rae and he would suffer a similar fate.
The commentators on the CBC are calling the ADQ "federalist". I bet a very large majority of those in the ROC would not agree if they knew some of the policies that the ADQ has.
C'mon now... Bloomberg wouldn't know more about Canada if we shared a few odd thousand kilometers of northern border.
What do you know about Quebec politic anyway, Gord Tulk?
I'm no financial genius, but don't markets typically correct for bad news or uncertainty before it happens? In this case, the possible election of a separatist government (until the results started coming in, that is) or even the defeat of an incumbent government.
QS: That's not for me to judge. And I certainly wouldn't take your opinion on it very seriously.
But, I have been predicting the rise of the ADQ and a return of the true conservative Quebecois soul for a few years now. (Much as the conservative Deep South came home to the republican party after 110 years of being taken for granted by the Elite in the Democratic party as backward thinking dixiecrats who would never forget that Lincoln was a Republican)
And, as I recently posted on AC's site I consider the dumont led ADQ to be a far greater threat to the current Canadian confederation than the marxist PQ ever was.
The PQ is one more bad leader away from ROC NDP levels of support. Is Gilles Duceppe crazy enough to take over from Boisclair? And is the BQ about to implode in the next federal election regardless of what Duceppe does?
I'm sure this is all a very bitter pill to swallow for you QS. If you really want to see a Quebecois nation legally separate from the Canadian Confederation I would encourage you to bury your obsolete command economy ideology and join the ADQ.
well the PQ got frikkn hammered.
About time . . . the old guard get older, the new guard gets conservative, gets real
Fred, yes the PQ got hammered. But they'll replace Boisclair in very short order with someone they can "sell" in the hinterland. This is no victory for federalists. None whatsoever.
http://nottawa.blogspot.com/2007/03/federalists-have-already-lost-this.html
And the Canadian dollar is up slightly in early overseas trading in the aftermath of the election.
Sigh. I miss panicking.
" which may perhaps give some pause to the centrist pablum-feeders advising Mr. Harper"
slap of the night and a well deserved one after the budget fiasco