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Canadians - how will the U.S. economy woes impact you?
Are you doing anything different with your business lately in respect to the looming economic shit-storm south of the border?
What effects do you think will ripple our way? Should we stock up on more Molson wobbly-pop and weather the storm by staying drunk? |
Yeah that might be a good idea.
:) By the way, make room in the basement for me and my family. |
It all depends on where Canadians invested their money. As for the future for me it will be business as usual and continue saving more to buy some real estate.
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It effects me big time as the spending habits of US citizens is what makes sales. Not only affiliate sales but domain sales. When businesses clamp down spending, they don't buy domains and when the average joe clamps down spending, he doesn't buy porn.
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Can't wait for the bottom ... would be an excellent time to buy a house :) Keep crashing!
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It's been impacting me for 5+ years already! The value of your greenback is killing us up here.
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it will make it more difficult to sell high-end used cars, since lots of inventory will be dumped into the canadian market from the US.
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oil prices, blackberry.. we're taking hits
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This winter I'll be taking the usual precautions
and maintaining my "green" level to boot... http://members.shaw.ca/billy1-99/pic...beerfridge.jpg |
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http://www.fetishopolis.com/kap-images/ripflg.gif |
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today is hurting me sales wise.. woke up to only 8.99 compared to the normal 200$+
with some really horrible ratios |
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The dollar drop already hit us hard webmasters. But as far as the canadian economy goes, the US is a very big trade partner for us, so if they can't buy our goods, we will probably enter a recession too.
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80% of our trade is with the US post-NAFTA - it isn't a matter of "if" a US slowdown hits us, it's "when" -
our "leaders" repeating "nothing to worry about, the fundamentals are strong" isn't exactly soothing .... |
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http://blog.kir.com/archives/images/alfred_e_neuman.jpg Makes you wonder what "fundamentals" they mean exactly. |
it will impact us but not too much
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