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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.18-0.5%Oct 31 5:00 PM EST

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To: Amark$p who wrote (79345)9/9/2011 11:36:22 AM
From: Cogito Ergo Sum  Read Replies (2) of 217516
 
First amarks, hi :O)
.. I do not know.. but I think diversification is an idea.. like having my kids know a couple of languages for easier mobility.. and varied skills... All the things I said about Canada are correct.. worse if you dig deeper.. compared to the US.. OK we are in better shape.. fire of frying pan ... pick'em.. if you mean physical violence etc.. sure we are safer.. Actually TJ appears diversified in that sense.. Canada is one of his fallback locations... I believe..

Our finance minister was just interviewed..to summarize a bit.. Oh we are in great shape relatively.. if US doesn't falter... when asked about jobs situation.. and questioned about details, not simply headline number... which show mostly public service jobs I mean MOSTLY, which apparently we are supposed to be trimming back and cutting per his governments plan.. he shrugged off that by saying they were permanent .. (You can catch the interview on BNN later.. this is not my opinion but his words).. you mentioned socialism :O)

We are buffered for now, by being inured to paying higher taxes.. and decent federal debt level, and commodities... Canada personal debt is now very high... admitted saving grace.. we tend to pay our mortgages off fast.. so home equity situation typically good... Ontario provincial deficit rivals California.. and a debt projected to hit 300 billion plus by the current government.. trying to get reelected.. our economy is a heck of a lot smaller.. The Canada scene is clouded by talk of federal balanced budget.... no mention that this was simply downloading to the next government level down... what goes around come around.. short term it has been a boon.. bottom line .. if US goes really wonky... we're no daisy...

wish I had a better option... diversify...

TBS
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