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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (38206)	9/13/2003 11:33:36 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

In BKK for the weekend. Still much more attractive than boring KL. APEC meeting next month will test this area security. Bush shwoing up with 3.500 security persons. Perhaps still time for someone to torpedo it. It was tried with SARS case (Singaporeans jealous that it is held in a place like Thailand showing that Singapore is no longer the ghetto of choice in S. East Asia.) Nor the Jordanian trying to high kacking an airline made an impact. Lets see which other attempts of torpedoing APEC Summit will be tried.

To: TobagoJack who wrote (38206)	9/14/2003 9:28:55 PM
From: philv	Read Replies (1) \| Respond to of 74559

Hello Jay. Re: Holding CAD. Looking at the CAD from the inside, I get a different perspective. Of Canada's total exports, nearly 80% goes to the US. Even for the United States, the Canadian cross border trade exceeds all of Europe, far greater than trade from China, or Japan. Mexico is actually 2nd, but one half of Canada's trade. census.gov In Canada we have a saying that if the US sneezes, Canada catches a cold. What this means, if the US is having a small economic problem, Canada will have an even larger one, due to the disproportionate trade balance. US exports to Canada is only about 15% of their total. North American Free Trade Association (NAFTA) has bound the continent even closer in north south trade. The US can hurt Canada economically inadvertently or purposely such as tarrifs on lumber etc. and Canada cannot fight back without inflicting even greater damage on itself. Just some facts to ponder re: value of CAD if the US begins to suffer economically.