“As Bloomberg reminds us, Canada imports around 80% of its fresh fruits and vegetables. When the loonie slides, prices for those goods soar. ‘With lower-income households tending to spend a larger portion of income on food, this side effect of a soft currency brings them the most acute stress’ Bloomberg continues. Of course with the layoffs piling up, you can expect more households to fall into the ‘lower-income’ category where they will have to fight to afford things like $3 cucumbers, $8 cauliflower, and $15 Frosted Flakes. Some now fear that the hardest hit parts of the country may experience a spike in obesity rates as Canadians resort to cheap, unhealthy foods.”
http://www.zerohedge.com/news/2016-01-13/canadians-panic-food-prices-soar-collapsing-currency
Tip Freedomwat.ch Staff with Bitcoin