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Gold/Mining/Energy : Precious and Base Metal Investing
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To: NOW who wrote (32738)11/24/2004 11:29:53 PM
From: Taikun  Read Replies (4) of 39344
 
tooearly,

So we go to Plan B: global recession

in Plan A (US recovers): my argument was that an increasing amount of domestic demand would be sourced internally. There will still be the Asian imports but, for example, will Honda in Brampton, Ontario sell as many Odysseys when the Loonie is at par?

In Plan B, though, with US consumption dropping, would that lead to continued increases in offshoring? I can't see the US trade deficit not reversing.

David
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