The Canadian Economy
- Canadian equity markets in the long term are going higher. The Canadian real estate market is going to see more positivity than the U.S. market in the future.
- U.S. trace deficit last year was $726 billion. Today their deficit is $600 billion. The U.S. is importing more than they are exporting. The U.S. buys goods from China and Japan and the U.S. dollars flow to their countries. China and Japan now hold 42% of the U.S. debt. As the U.S. goes further in debt and prints more money to offset deficits, it casues hyperinflation. As a result the Canadian dollar's value begins to become par with the U.S. dollar.
- U.S. debt is currently $8 trillion and climbing. The Canadian sovereign debt is about $500 billion and going fown every day.
- Canada is the safest pplace in the world to invest in, since there is no geopolitical threats or servere weather threats in Canada. Canadian equity markets will be going higher in the long term.
This entry was posted on November 2nd, 2006
| Posted in Canada