Topaz Posted September 18, 2008 Report Posted September 18, 2008 I don't think anyone in the business sectors know what to tell investors. I heard one guy say stay the course and then I heard a guy say, why stay if you are losing you money? Very confusing! I've lost on paper almost the 10,000 profit I've made in my small investments for my retirement. I've lost before and made it back I guess I just do alot of praying!!! Quote
Topaz Posted September 25, 2008 Author Report Posted September 25, 2008 I guess for now Canadians aren't feeling it but I believe we will when the US goes into a recession because of its debt. I was watching the BBC and one economist said Bush should have never cut taxes at a time of war, gee I wonder who else it that? Anyway, it seems that Britain is angry with the US for creating this mess which, thanks to globalization, hits all the countries in the world one way or another. I found that their debt is $9,795,703,386,525,.28, 32,138.80 per person and climbing 2.17 BILLION per day since Sept./07. Now they want to add another 7-800BIllion?? WOW! the US will never ever get out of debt!! Does anyone know what Canada's debt is I hear its around 700-800 Billion and growing? Quote
penorsword Posted January 8, 2009 Report Posted January 8, 2009 (edited) An analyst that i saw on bnn stated that Canada is about a year behind the us economically. In a normal situation, I pretty much agree with him. I'm guessing 2-3 months after the bailout/imaginary stimulus/population tax, the US economy will tank again, then I'm guessing Canada will get hit a lot quicker. Then again, I got hit too, so wtf do i know. Edited January 9, 2009 by penorsword Quote
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