To: tyc:> who wrote (66512 ) 7/30/2009 3:02:59 AM From: marcos Read Replies (1) | Respond to General economy stuff is going to been seen as iffy for a long time, copper is taken as an overall barometer and mostly goes into buildings and motor vehicles, neither of which is being produced in the numbers they were ... and won't be any time soon, until a good bit of the debt that financed the last flurry is worked out, and the savings rate improved for a while ... that's how i see it anyway, and truth be told the opinion is not all that humble -g- ... but debt levels got silly, private and public as well, there was an extremely low savings rate on this continent and we don't make our own gadgets and gizmos any more, we order them in from overseas on vendor finance basically ... Canada is a bit better off due to oil reserves and a few commodities that will be in demand, but that leaves us in the hewers of wood and drawers of water position, not that great and does nothing to fix a hollowed-out economy ... also nobody wants the wood any more, modern phrase should probably read 'pumpers of oil'
