Quote:
Originally Posted by afc wimbledon
If the dumb #######s don't pass that budget this will look like nothing.
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I am actually very worried about what I have been hearing about the US economy in the last year or so. Their massive debt has finally come back to haunt them, and now they may not have enough to pay for Social Security, Health Care, etc. The thing that worries me the most is since the USA is our leading trading partner, this will ultimately have a very adverse affect on Canada.
If Americans find that their disposable income plummets, it will devastate the economy and may force the world back into another recession. We should be looking at increasing our trade with the Far East and Europe. The writing is on the wall, and thank god Canadians are known to be more conservative with spending money than our southern neighbors.
The only bright side I see about this situation is the inevitable return of NHL teams from sunbelt cities to Canadian cities (i.e Quebec and Hamilton).