Support and Resistance Trading Forum

Re: The decline and fall ... ?
By:Erich (vendor, CTA)
Date: 3/3/2008, 12:02 am
In Response To: Re: The decline and fall ... ? (Larr)

And I don't think it's really as bad as all the analysts make it out to be. Yes, things will get tough. Yes, people will lose their homes. But it wasn't that long ago that the Canadian Dollar was hovering around 65 cents. Things still went on as usual. People built houses. People went to work. People went on vacations. Life went on.

When your dollar is worth less it becomes attractive for foreign investment which in turn helps spark the economy and the cycle starts to take an upswing. It's all one big circle.

Erich

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