Hmm?!

Time to Buy China, Copper, the Canadian Dollar and Oil

I was part of the well publiciized "brain drain" in Canada to the US over the last 10 to 20 years. Canada HAS to immigrate from elsewhere to cover their losses. The problem here in the US is not dealing with the ILLEGAL immigration.

Think about it...... you have 11 million people not paying taxes, or for healthcare or car insurance. Draining the US economy by taking home or sending to relatives, likely billions of dollars. Which explains Mexico's porous norther border, while they patrol the hell out of their Southern border with Guatemala.


On Mar 05 09:37 AM donzelion wrote:

> Loonie is intimately linked with the U.S., but the Canadian debt
> obligations are orders of magnitude more manageable. Hence, if you
> like the U.S. economy long-term but worry about U.S. debts, Canada
> ought to look pretty decent in comparison.
>
> Canada itself is not commodities dependent; rather, unusual profits
> and earnings growth of recent years were commodities dependent. I
> don't see a collapse in commodities, so much as a loss of credit
> for the commodity producers. I like gold, oil, timber, and potash
> during prolonged downturn: good to own, but not good to bet the farm
> on.
>
> In terms of strategy, Canada's close ties to the U.S. plus Canada's
> relatively low deficit suggest most of the advantages of North America
> while avoiding one or two major liabilities. Given Canadian population,
> I like Canada's pro-immigration sensibility: the U.S. lets in agrarian
> workers, landscapers, and small scale contractors who fix up our
> homes; the Canadians let in doctors, engineers, and other professionals
> by the hundreds of thousands. It will position them remarkably well
> for the long haul.