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» One Touch Football - Archive » World » Crazy Mad Vol (aka the US decline thread) (Page 3)

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Author Topic: Crazy Mad Vol (aka the US decline thread)
Reed
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I was thinking more in terms of Canadian tourists will now be more likely to take a vacation in the US than stay in Canada, especially in the winter.
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Antonio Gramsci
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I'm completely and utterly psyched about the dollar being where it is.

I'm dying to head to New York and shop my ass off. (Non-Canadians needing an explanation: our retail sector is unbelievably boring...especially where shoes are concerned...Spangles is advised to avoid this country entirely). And I can now hire Americans to come work in Canada, which is *fantastic* because they're the only ones who get what I do.

That said, I'm slowly moving most of my money (not that it's an immense amount or anything) into US stocks. This decline is starting to get out of hand and a correction is seriously due. If that 1990 analogy holds, anyone who invests *now* in the US is going to do very, very well.

Never count the American economy out. People who do so have an unbelievably bad track record. Corporate America might be greedy but it isn't stupid.

(Exception: Detroit. GM currently loses $2000 on every car it makes. And its business strategy is to make as many cars as possible).

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Amor de Cosmos
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I was thinking more in terms of Canadian tourists will now be more likely to take a vacation in the US than stay in Canada

Vacation? Pshaw! We're going to buy the f***king place! That beachfront condo in Hawaii? Chump change.

It's time to welcome your Canadian carpetbagger overlords.

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Reed
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I'm comfortable with that.
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Fatbastard, Hugh Fatbastard
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I can never follow the Bank of Canada's theory on interest rates.

The Economy has never been stronger, raise interest rates to combat inflation.

The Dollar is trading at an all-time high, stave off a recession by lowering interest rates.

What the fuck are these people talking about ?

Incidentally, "yes please" to lower interest rates !

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Antonio Gramsci
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In fairness, Hugh, I don't think anyone at the Bank thinks we need lower interest rates because of the dollar. In fact, I think they've said quite the opposite. It's the politicians who are trying that one on.
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Fatbastard, Hugh Fatbastard
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oh bugger
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Antonio Gramsci
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Quite.

But you could start to think about buying property near Buffalo. It's cheaper, interest is lower and it's not *that* much further from Woodbridge...

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Reed
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Inca
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I love the Onion editorial cartoons. I've seen many like it that weren't being satirical.
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WornOldMotorbike
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quote:
buying property near Buffalo
I'd do this, and with the leftover cash install a commercial-grade sprinkler system and heated driveway.
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Antonio Gramsci
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Careful. You'd also need a really, really big snowblower to survive their winters. You wouldn't want to run out of cash and not have one of those.
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WornOldMotorbike
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No no, man. That's what the heated driveway is for. Snowblowers are for chumps. I'll be king o' the block with my year-round clean tarmac (and sidewalk, if the city will grant my special variance).
Oh, it'll be great. Buffalo...a great place to come from.

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Coffy
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Don't forget the mandatory allegiance to Chuck Mangione.
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Antonio Gramsci
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You still need to get to the car, and you need to get the car on the road. Unless you're planning on ripping up the entire block with this special variance...
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