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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: solojamer who wrote (35129)	11/9/2008 1:10:05 PM
From: Real Man	Read Replies (1) \| Respond to of 207950

That's why I don't wanna go there, too much socialism. Well, even more in Western Europe. US of A is also headed in that direction eventually, I am afraid, especially with the democrats in charge during these bad times. It's a global trend in all developed countries. Small business startup costs in Canada are quite high as well compared to the US, but much lower than in Europe. My prediction is that US of A will have a lot more socialism and higher taxes within the next 10 years or so, but probably still less than Canada and Europe. There is simply no way out of the SS/Medicare hole without raising taxes, canning the programs, or a drastic devaluation of the currency.