Another Depression?

Out of context: Reply #15

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  • ETM0

    Glad I am in Canada. I am not saying we won't be affected, since so many financial organizations are intertwined, but right now, we are in a bit better position.

    • ...for now.ETM
    • 75% of Canada's trade is with USA...monNom
    • Yeah, but I live in Alberta, not Ontario. Energy sector, not manufacturing. China will buy what you don't.ETM
    • China will buy oil I mean...ETM
    • notice that oil is down 40% from peak... and headed lower. That's going to bite into tax revenues.monNom
    • Alberta has a 16 billion dollar 'rainy day' fund to help for bumps like that.ETM
    • LOL Canadians never really have money so depression dont really do anything to them
      ********
    • Haha keep laughing Yank.ETM
    • Don't shoot the messenger:
      http://www.macleans.…
      ETM

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