Re: Update to last post Polylabel
posted on
Jan 30, 2008 09:58AM
Well you were right Polylabel, 1/2% cut, so now we've had 125 basis pt drop in two weeks in USA. That should temper the markets volatility for a while. I'm glad I live in Canada though, the US $ will continue southward for some time now and you're right, inflation will become a problem down there. I understand we in Canada rely on US because 70-80% of our 'exports are there, however, we've had balanced budgets since mid-1990's and they are going more and more into incredible debt by the second.