hello All: I got this from a friend of mine. The numbers apply to the US debt I suppose. This is the reason why inflation is coming back. Paper money is being diluted so quickly, you really don’t want to be holding cash………….for the forseeable future.
Subject: What’s a billion.
Now here’s a reality check!
This is too true to […]
Cyclical downturn has arrived. More evidence is becoming obvious of a Ontario/Quebec recession. Domestic spending numbers are propped up by higher fuel and food prices. Further/growing disconnect is being seen between Eastern Canada (exporting to US) and the rest of Canada (benefiting from higher resource prices)
And now for some good news, at least from north […]
Short, simple and to the point. This is a young guy from taiwan, about my age. He lives in vancouver now. My views are in full agreement: Read more
Cover Story Oct 08/07 Macleans “Can You Say Recession?” Talking about the weak US economy, the falling $US, the rising $CDN and the rising price of gold.
People, […]
Paul Volcker is the guy who cranked up interest rates in 1979-80 from 13 to 20 % and he was the one who was credited with breaking the back of inflation.
Now, I think he is correct in calling the bailout and recklessly low interest rates a mistake. He stops short of blaming greenspan.
A bit off […]
western canada will outgrow the rest of north america for the next 25 years. We are resourced-backed, and our growth will be fueled by the rising currency.The bank of canada will want to raise rates to dampen western canadian excess, but will be forced to keep rates lower than they really want, in order to […]