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.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (10528)	11/11/2008 5:56:35 PM
From: stan_hughes	3 Recommendations Read Replies (2) \| Respond to of 33421

You just need to wait your turn, Canada always lags the US, you know that -- Message 25165277 Not gloating -- just saying that Canada is going to have its own problems, only those troubles will be founded on a different set of factors other than mortgage madness, e.g. excessive export dependency One could argue that a cheap Loonie might help alleviate that shortcoming, but all the forex that used to flow into the country because of the auto trade and oil prices north of $100 is nonetheless now gonzo -- and just look at what happened to the Canadian stock market when foreign money started moving out -- it won't be coming back in anytime soon. Imports are going to start getting expensive again No country will be insulated from what's going to happen globally over the next few years, whether or not they behaved prudently in the past. To use an analogy, Canada might enjoy its current position of being in a drier and fancier lifeboat at the moment, but they're still floating about in the middle of the ocean without any food or fresh water along with the rest of the Titanic's former passengers Too bad that in the case of the current disaster, there isn't anybody left unscathed to steam toward the scene to rescue the survivors of the initial sinking -- it's everyone for themselves now, I'm afraid