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Old 10-07-2011, 08:34 PM   #44 (permalink)
Someguy again

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Originally Posted by GrannyFro View Post
and canada won't be immune from this either as we have a weak military and no gold holdings to backstop our currency. Our fiscal situation is a bit better but wont be when the CMHC comes asking the tax payer to pay for all the shitty mortgages they backstopped as our goldman sachs affiliated central banker lowerd interest rates to record lows to further prop the housing bubble. There will be substancial consequences to the entire western civilization way of life if the us stopped the rape and policing, china would just take the role earlier than expected and maybe just maybe we could avoid going to hell while the chinese take our spots
i think you forget about canada's best asset, which is natural resources (oil, freshwater, lumber, certain medical herbs, etc.) which can help hold us off from becoming the economic wasteland that is usa
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