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Message: picked this off P's blog

picked this off P's blog

posted on Jan 07, 2010 02:19PM

just thoughtit wasn't correct...it was directed at Susan

"Canadians balloons are going to burst, as you know what happends when you flush: the big hole in the middle is the US and everything around the edges gets sucked down with it; let me explain:
The company I work for and so many other Canadina companies depend on the US to stay alive through trade and every peney that the dollar goes up Canadian companys shrink big time as our US buyers have to may more for our products.
We have been in business for 35 years, sales in 06 were 32 million, in 07-19 million, in 08- 15 million, in 09- 10 million, the US buys 90 percent of all our prodcut, it was a bananza for them and us when our dolar was .65
Canada will be forced to rev up the printing press to to keep our dollar low to to stay alive."

If this guys company sells 90 percent of his product to the US then they better diversify imo or yes they will fall into the abyss.....Luckily we will not toataly depend on the US growth to sell our commodities. There will be many other countries picking up the slack. Our dollar is projected to par and above.....any thoughts

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