Ride the Tiger with CD Message Board

To: The Jack of Hearts who wrote (217015)

5/30/2012 1:16:13 PM

The Dutch Disease is primarily about the effects on manufacturing of a rising currency driven by commodity prices. The presence of China these days makes it more likely because their consumption of Canadian resources drives commodity prices and hence the dollar higher. If there wasn't economic turmoil driving people to the supposed safety of the $US, the Canadian dollar would likely be much higher than it is now, crippling our manufacturing industries even more.

LC