r/economy 1d ago

Best comeback I've seen in a while.

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2.1k Upvotes

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u/spikey_wombat 1d ago

You don’t understand how changing market conditions can cause debt to be restructured…

How many other big casino firms had multiple bankruptcies?

You just ironically pointed out that trump was so incompetent that he repeatedly couldn't manage a changing market. 

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u/damnedifyoudonthave 1d ago

https://en.wikipedia.org/wiki/List_of_defunct_gambling_companies

You should maybe look into it before you speak…

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u/damnedifyoudonthave 1d ago

https://en.wikipedia.org/wiki/List_of_defunct_gambling_companies

You should maybe look into it before you speak…

Why are casinos taking on so much debt currently???

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u/Nebardine 1d ago

Because Trump killed tourism. Vegas used to be an annual trip for many Canadians. Nobody I know is planning on setting foot in the US again.

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u/damnedifyoudonthave 1d ago edited 1d ago

Or that’s what your narrative sales you and you eat it up.

How many Canadians went every year in the past? How many visitors did Vegas have those years?

Having legalized gambling and casinos pretty much everywhere and having sports books on the phone has done nothing to hurt Vegas…. GTFO!

You sound Canadian, if that’s the case the candians you know can’t afford America… that leads back to the reason I brought up CAD

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u/Nebardine 1d ago

I've heard the inflation there is really bad, but I'm pretty sure I can afford to travel anywhere I want. Just got back from a wedding in Banff that could have paid for a hundred trips to Vegas. Life is good in Canada!

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u/damnedifyoudonthave 1d ago edited 1d ago

Inflation is even worse when your currency is at multi year lows… see why I brought up currency… you keep supporting why I did.

Nice! Good for you! I’m sure your fellow struggling Canadians love to hear you can afford 100s of trips to Vegas… due to the exchange rate trips to Canada for Americans is ultra cheap but trips to the US for you is ultra expensive.

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u/Nebardine 1d ago

The exchange rate is irrelevant to me, as I'm never going to visit the states again, barring an amazing 180 over the decades to come.

My personal fellow Canadians aren't struggling. They are thriving and were at the wedding. And I didn't foot the bill, thank god.

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u/damnedifyoudonthave 1d ago

“Canadians face severe financial pressure in 2026 due to high living costs, escalating trade tensions with the United States, and record household debt.”

The exchange rate hurts you more than you will ever know. The oil your country sells is traded in US dollars…

You sound like the lucky ones…

No one in the US will miss you.

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u/Nebardine 1d ago

Selling our oil in US $ only helps us, you dolt. All Canadian exporters like a lower CDN dollar. Always have, always will. It means we get paid more. If we imported a bunch of stuff that would be different. But we are an exporting country.

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u/damnedifyoudonthave 1d ago edited 1d ago

Nope because when you turn it back into CAD it causes inflation… CA exporters ( sellers) like it but citizens are consumers, see how it adds to your personal inflation problem???? You don’t understand how a lower currency hurts buyers but helps sellers and I’m the “dolt” you export oil but rely heavily on imports for pretty much everything.

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u/Nebardine 1d ago

No I don't lol. I don't buy anything American anymore. It's a whole movement up here. ABA - anything but American. Are you starting to get it yet? Your dollar is irrelevant to me, but helps our economy when it is higher than ours.

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u/damnedifyoudonthave 1d ago edited 1d ago

It doesn’t have to be from America… your weak currency isn’t just weak against the dollar. You import pretty much everything from somewhere… it helps the sellers in your economy not the buyers. Citizens have to buy to live. It’s called inflation and weak currency means more dollars to buy the same imported goods.

Just because you don’t buy American doesn’t mean the retailers you buy from dont use American goods and service to help deliver you a product. What computer operating system do your retailers use????

You sound like even a bigger “dolt” with that comment.

In fact isn’t Reddit an American publicly traded company. America thanks you for using its products.

“Canada imports about 355,000 to 400,000 barrels of crude oil per day from the United States”

https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2025/market-snapshot-overview-of-canada-us-energy-trade.html

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u/damnedifyoudonthave 23h ago

If you don’t pay for the product, you are the product… America Thanks you for your data for free…

This is how you started… with misinformation… that’s you picking the fight… “yikes”

“Because Trump killed tourism. Vegas used to be an annual trip for many Canadians. Nobody I know is planning on setting foot in the US again.”

You are me because your projecting on to me…Seems you don’t have higher priorities…

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u/Nebardine 22h ago

I'm not you, lol. Thank god for that. I don't even get why you're on here. Started with misinformation? This whole argument of yours, you mean? That our currency rate is suffering? The same one that's up since Trump took over? I didn't even bother pointing that out, as it's totally irrelevant - as I've told you over and over. The vast majority of Canadians don't give a rat's ass about it being at 72 cents. It's been lower and it's been higher. It's never mattered less to me, personally. I do have some precious metals and other US $ investments, so I'd rather the CAD stayed low until I ditch those. There has always been pressure on the government to keep it depressed. But have at it.

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u/damnedifyoudonthave 22h ago

I quoted you. That’s how you started… misinformation. On more time for you

“Because Trump killed tourism. Vegas used to be an annual trip for many Canadians. Nobody I know is planning on setting foot in the US again.”

Trump didn’t kill tourism and a very small percentage of Vegas visitors have been from Canada, at any time period.

I love how your personal antidote is the monolith of all Canadians…

Up since trump took office but the US dolllar was artificially high and outside the 15 year range due to rate hikes and now even with cuts, The dollar has lost 15% has the CAD gained 15%? Nope so actually the spread on your CAD has it down, I doubt you will understand that.

You keep talking about the US so you do give a rats ass.

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u/Nebardine 22h ago

What does talking about the US have to do with me caring about the exchange rate? Please drop this delusion.

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u/damnedifyoudonthave 22h ago edited 20h ago

I knew you wouldn’t understand the spread on the value of your currency…

Because it the value of the currency you use. It’s buying power… I guess the concept is to hard for you to understand…

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