View Single Post
Old 04-03-2015, 03:28 PM   #6
FlamesAddiction
Franchise Player
 
FlamesAddiction's Avatar
 
Join Date: Oct 2001
Location: Vancouver
Exp:
Default

Quote:
Originally Posted by Realtor 1 View Post
This American theory that the market has to crash to correct itself is a joke.

Why can't the market correct itself a few percent this year followed by 1% growth for the next 5 years. Why can't the market correct itself a couple percent over the next few years? Why does it have to "fall off a cliff"

Reading the comments in the article, all the American posters fail to realize the difference. Their economy didnt correct itself - a system that was flawed from the start and and needed some time to be exposed. Their economy was essentially "busted". Our government has a much more involved approach with rules/regulations. We are not 100% safe from a crash but writers like this come across as if there is 1 option and that is a complete collapse of our economy.
Yeah, every time I read stuff like this it comes across as Americans assuming that if they couldn't manage things, then there is no way inferior Canadians can do it.
__________________
"A pessimist thinks things can't get any worse. An optimist knows they can."
FlamesAddiction is offline   Reply With Quote