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To: paul ross who wrote (82522)2/25/2002 6:00:31 AM
From: Richnorth  Respond to of 116762
 
Possible, if Paul Martin (Finance Minister of Canada) is not too obsessed with keeping the CD$ low for the sake of so-called increase in "profits" from increase in trade. He keeps reiterating a low CD$ is good for Canada's trade and he says it as if that is a momentous discovery and is the key to the salvation of Canada. What a joke! What a crock!

He seems to be very proud of the fact that, with him as the Finance Minister, Canada has been making progress in reducing the national debt.

But little does he realize (or care) that both the CD$ and the US$ are becoming "pesos" of the North.

Rightly or wrongly, I believe Martin practises crony capitalism, perhaps without being aware if it: the "plunging" CD$ may have helped his business allies bigtime in shorting it.

BTW, Don Stott's articles, in 4 parts, on the Death of Money, at gold-eagle.com, are interesting reads. He says buy gold!