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How do you feel about the economy?

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Money Talk > The Green Room

How do you feel about the economy?
It is an unstoppable locomotive train!!
5%
 5%  [ 5 ]
It is an unstoppable locomotive train!!
5%
 5%  [ 5 ]
Things are starting to look pretty good!
20%
 20%  [ 18 ]
Things are starting to look pretty good!
20%
 20%  [ 18 ]
Hoping for best, but not quite there...
20%
 20%  [ 18 ]
Hoping for best, but not quite there...
20%
 20%  [ 18 ]
No recovery for me yet.
2%
 2%  [ 2 ]
No recovery for me yet.
2%
 2%  [ 2 ]
Total Votes : 86

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Andrew
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How do you feel about the economy?  Reply with quote  

Share your thoughts and/or take the poll...

Last edited by Andrew on Wed Nov 17, 2004 4:23 pm; edited 2 times in total
Post Mon Dec 01, 2003 9:43 pm
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Don Quixote
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there's certainly some concern...like how long can the stock market do just fine without foreign investment...considering they (foreigners) lose 15% yearly do to the low dollar...

as long as the U.S is terrorist free consumers and investors will feel better...

growth is everywhere the bears were foolish and if you got in during the spring at 8500 you might see 50 to 70% gains by next spring !

that ain't bad Smile
Post Wed Dec 03, 2003 9:42 am
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show me da $
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Would that be the American economy or the Canadian economy Andrew ? Wink Here in Canada the good jobs are scarce, the wages suck (where I work the wages have dropped from $17 hour to $9.50 an hour since being taken over by a six billion dollar company this summer) frequently companies/businessed hire casual workers to avoid paying benefits etc., university tuitions have risen, government cutbacks are rampid (with many health care professionals being laid off, especially nurses), servicers for abused children have been cut back, as for drug rehab programs and battered women shelters, our trees here in BC are plagued by the dreaded pine beetle and are dying off due to not-cold-enough-winters resulting in loss of major economic industry, banks are merging as well as other businesses, small businesses are failing more than they are succeeding, and the value of the Canadian dollar is still a joke.


But still in all this I keep hearing Louis Armstrong singing...
and I think to myself, what a wonderful world
Post Thu Dec 04, 2003 6:14 am
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Don Quixote
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wow !

what a wet blanket Smile

seems socialized government have a role in the tough economic times up north...

really though the weak canadian currency helps your country's goods sell better because they are more affordable in countries with stronger currency...

of course that don't help when your wages get chopped from 17 to 9 bucks an hour ! OUCH !

I live in a poor county in the states and I certainly here what you are saying...

just gotta roll with the changes...

-kevin cronin-reo speedwagon Smile

BTW, be nice if they could spray for those dreaded pine beetles Laughing
Post Thu Dec 04, 2003 2:52 pm
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show me da $
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rollin rollin rollin  Reply with quote  

quote:
really though the weak canadian currency helps your country's goods sell better because they are more affordable in countries with stronger currency...



Try telling all the farmers/orchardists who have simply given up their dreams and sold the farm because of the low dollar figure they receive for their blood, sweat and tears, that they are being helped. Sure Japan charges the Japanese citizens $8 for one BC apple, but what does the orchardist receive for growing that coveted apple? Less than a penny perhaps?

What pisses me off most is the US taking over businesses in Canada because they can, and we allow it because face it, not only is our back door wide open but we are patsies and bow down to the mighty US (dollar).

The only thing which will kill the Mountain Pine Beetle is COLD weather (and after that it will take at least 15 years for the trees - and economy - to recover), but the idea of an aerial spraying operation to combat them is intriquing...and indeed chemicals were used to combat the coddling moth, whereas now, sterile coddling moths are released ~ "The sterile insect release program has an annual budget of over $4 million. The money comes from regional districts, homeowners and fruit growers. When the program is over in 2005, it will have cost taxpayers $56 million." http://www.chbc.com/news/articles_files/3362/news_0_3362.shtml

quote:
While estimates on economic impact vary, it is generally accepted that the pine beetle infestation is likely to cost the province hundreds of millions of dollars in reduced industry and government revenues.

http://www.bcscene.com/forests_insects.htm

and I think to myself...
Post Thu Dec 04, 2003 3:36 pm
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Andrew
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Sorry to hear that things aren't as rosey as they could be SMD$. Living in the U.S. I naturally have the most interest in the U.S. economy, however we are all connected and economies of different countries don't exist in a vaccuum. Hopefully, with the U.S. economy picking up some steam, it will have positive effects up there in the Great White North. It's good to get perspective from other nations. Keep us posted!
Post Thu Dec 04, 2003 3:37 pm
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Don Quixote
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quote:
What pisses me off most is the US taking over businesses in Canada because they can, and we allow it because face it, not only is our back door wide open but we are patsies and bow down to the mighty US (dollar).


yep yep...I remember when the japanese and even the arabs to some extent were thought of in the same respect around these parts...even the chinese were buying up ports and docking areas in california in the late 80's early 90's...

I really don't know much about the canadian farmer...but around here they have two or three brand new trucks...huge houses...and all kinds of government assistance with regards to price guarrantees and controls...not to mention the guarranteed low interest loans they benefit from...yet they still bitch...

this is about two years old...guess they never got anything solved ?

quote:
His federal adversaries will downplay the significance of federal economic failures in the East Coast cod fish industry and in health care. They will try to separate statutes in the constitution from economic matters, claiming that different areas and sectors of the economy operate differently, many providing different goods and services which are essential to the "greater good" and general well-being of Canadians and therefore need to be regulated differently, the rights and freedoms spelled out in the constitution's charter notwithstanding. The pro-regulation federal forces will have little choice other than to rest their case on such economic arguments, that is, on the belief that the free-market system is inherently flawed and is therefore in need of state regulation, the failures of state economic regulation and economic control notwithstanding. They may be expected to argue that matters pertaining to the economy not be subject to the charter of rights and freedoms or other related statutes in the constitution, for "the greater good."




http://www.quebecoislibre.org/021123-7.htm
Post Fri Dec 05, 2003 2:09 pm
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Andrew
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Euro rising against dollar...

quote:

Currency analyst Jane Foley with Barclay's Capital in London said dollar-negative sentiment is driving the euro up, "not any particularly euro factors."

...

But Dorothea Huttanus, an analyst at Dresdner Bank in Frankfurt, sees the euro's climb as a self-perpetuating upward spiral sustained by thin year-end trading that she predicts will not last into 2004.

"The dollar is actually a much more solid currency than the euro could ever be," Huttanus said.




http://news.yahoo.com/news?tmpl=story2&cid=509&u=/ap/20031216/ap_on_bi_ge/euro_rally_1&printer=1
Post Tue Dec 16, 2003 9:50 pm
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Euler
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Euro vs Dollar  Reply with quote  

http://www.x-rates.com/d/USD/EUR/graph120.html

The strong Euro lives in 2004.
Post Wed Mar 10, 2004 5:37 pm
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plonkeroo
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quote:
Originally posted by show me da $
Would that be the American economy or the Canadian economy Andrew ? Wink Here in Canada ...and I think to myself, what a wonderful world

... and the British economy, too! Yesterday (Wednesday) was Budget day and most commentators seem to agree that the Brit economy is surpassing both US and Canadian economies.
Very Happy
Post Thu Mar 18, 2004 4:54 pm
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Andrew
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Plonkeroo, by "surpassing" do you mean rate of growth as opposed to overall GDP?

Even though I might happen to live in the US, a thus might have a slight bias of interest in the world's largest enconomy, "the economy" is ultimately a global concept, being the sum of all the individual component national/regional economies.

http://www.theworldeconomy.org/MaddisontableB-18.pdf
Post Wed Mar 24, 2004 3:46 pm
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extremist
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i feel great about the economy!
Post Wed Nov 17, 2004 4:38 am
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I said it was an unstopable train.

UFO "YOu can't stop a train with a smile"

But I was thinking in the negative as the slide of the US dollar is a bit worrisome.

But perhaps it will make it easier for me to recruit lotto magic players over seas?

Non promotional Facebook Jail regular forum inquiry
Promotional post in advert section for new Facebook group for those building a downline
Post Thu Dec 02, 2004 10:49 am
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