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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (49094)	1/8/2006 3:28:50 PM
From: Tommaso	Read Replies (1) \| Respond to of 110194

If you consider that there is a good chance that both Ford and General Motors will go bankrupt, and the extent to which the U. S. is changing from a manufacturing and producing economy to a service economy--and when you consider the options for importing goods into Canada from countries other than the U. S.--then it may not seem quite so funny when I suggest that Canada is getting the upper hand in U. S./Canadian economic relations. For many years Canada has served as a kind of cheap storehouse for raw materials to be converted into goods in the U. S. Now the whole world wants those raw materials. The Canadians can, of course, screw things up if they want to, by resuming the drift towards socialization and especially by trying introduce government direction of private operations. Imagine what would happen to the development of the tar sands if they were nationalized, and a single government agency put in charge of them, instead of a dozen or so competing operations!