Tewder
Senior Member
Is the lower Canadian dollar a factor, Lenser?
Canada is also still, to a considerable extent, slave-linked to the American economy. If the States should take a prolonged hit, it's unreasonable to expect that we will handily weather the storm.
But as for the underlying fundamentals to the American economy, I'm not so sure that their current relative strength guarantees long-term health. What goes up must come down.
^I see little evidence to back up that claim that the US is going down hill. You mean compared to what, the rest of the world combined? That is true in general but the US has much more future potential than Europe and East Asia. Demographically speaking, East Asia including China, Japan, Korea, Taiwan, etc. have the bleakest economic future of any region on the globe.
The USA is paying off its debt everyday. The day they stop (by declaring bankruptcy) would bring instant ruin and mark the end of this economic era. Which won't happen anytime soon.
I would hate to burst your bubbles guys but we think Toronto is building or beautifying itself, but just got back from Chicago and I have been to Chicago many many times. It just jeeps getting prettier and prettier. From their parks to their river walks. They're just building and building. Everything looks top notch and top quality.