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

To: Cogito Ergo Sum who wrote (87947)	10/26/2007 7:28:36 AM
From: Amelia Carhartt	Read Replies (2) \| Respond to of 110194

Whereabouts are you located? I was up in Alberta recently and ran into a couple from Calgary. We got to talking about RE prices and if what they told me was true, the RE market there would put the US to shame?

To: Cogito Ergo Sum who wrote (87947)	10/26/2007 10:01:31 AM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

'So in effect we are not really any richer despite the loonie's rise from .62 ?? to 1.03... unless we shop in the US..' Yes it sure seems that way. A necessary 'evil' of the back side of huge trade deficits in the US and the US consumer as the main driver of faster growth in other parts of the world? So most likely slower growth and high inflation in the states to lessen that gap over time, lowering our standards of living relative to Canada and other industrialized countries that have fiscal discipline.