Quote:
Originally posted by Jay[neX]
Even if the canadian economy can't maintain its current level, the US economy is gonna crash way more than our economy, hence a higher dollar.
I'd say we have till early 2006.
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Its the US deficit that is the main culprit and the fact that instead of trimming it aggressively, they are spending like crazy with the war...and at the same time lowering taxes for some crazy trickle-down economic theory and inflation is starting to come back so the Fed has less wiggle room to stimulate the economy.