Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (80844)	3/3/2007 2:30:14 AM
From: upanddown	Read Replies (1) \| Respond to of 206126

Al I wasn't really trying to imply that the Canadian economy is without problems. I understand the cost and competition problems in eastern Canada. I was really talking about the RELATIONSHIP between the Canadian currency and the US currency and the economic conditions that underpin each currency. While the Canadian national debt has been declining for a decade, the US national debt has spiraled towards 9 trillion USD. brillig.com The cost just to finance the US debt annually is larger than the entire Canadian debt. This is not a relative positive for Canada and its currency? The Canadian current accounts surplus may fluctuate, but any surplus is an improvement over a $600B annual trade deficit. This has to be a net positive for Canada. OECD is a organization of 30 developed nations. oecd.org Of those 30, how many have budget surpluses, trade surpluses, energy independence and growing energy production? Just one......Canada. I personally think the last two items (energy independence and growing energy production) will be crucially important to any nation that has them as we approach the beginning of the end of the age of hydrocarbons. So other than the Canadian national preference for melancholy, why so much pessimism up there? Is it the long winter nights?<g> John

To: Cogito Ergo Sum who wrote (80844)	3/3/2007 10:48:29 AM
From: Tommaso	Read Replies (5) \| Respond to of 206126

You Canucks are just going to have to learn how to deal with the problem of being rich. Do I have to put a "<g>" after that? Just don't let your government take money out of retired citizens' pensions and hand it out to vagrants so they can shoot up dope in Vancouver alleyways, though I suppose that might help stop them from mugging elderly or naive cruise ship tourists. But it's OK to hand out as much money as you want to those nice folks in PEI or in small towns in Quebec.