Anyone see the Macleans article on the Canadian Economy?

**grrrr** · Mar 25, 2011, 07:00

I'm going to use the line that has gotten so many into financial trouble, "This time it is different". I'm not sure there can be a total collapse in commodities. There is just too much demand. That doesn't mean there can't be a short term pullback, and that may seem major at the time. But a total collapse? I don't think so.

**cottonpicken** · Mar 25, 2011, 07:20

I haven't looked at the pie graph in quite a while
but don't remember commodities making up the
biggest part of gdp.

We can and will(imo) have a major depression and
strong commodity prices.

A bad bout of inflation,collapsed manufacturing
base,depressed consumer spending,shrinking tax
base,housing bubble burst,unfunded
liabilities,government deficits and debt,consumer
debt,uncle sam on life support.........etc,etc.

**parsley** · Mar 25, 2011, 07:52

A well stocked pantry that includes tea, coffee, cocoa, and sugar, dishwasher soap(lol), lightbulbs, vinegar, and rice and is a better way to save money than a term deposit.
ie Cocoa is already in short supply. Pars

**bucket** · Mar 25, 2011, 09:22

Maybe hitachi moves some work to its plant in saskatoon. Not a bad thing.

Maybe the japanese re-evaluate having a manufacturing base over a fault line and move it to - I dunno - a stable country both politically and geographically - Canada.

People have to look for positive things to come out of disasters. Canada is a cherry of a country to move to.

**CeePen** · Mar 25, 2011, 10:54

Umm, maybe stupid question but wouldn't a depression weaken demand and take out the legs of strong commodity prices? How do you have a slowdown in the economy and have commodity prices resist the pull?

**Hopperbin** · Mar 25, 2011, 11:59

China, India. My concern is the amount of explorations happenning these days. Its like the whole world is getting explored for the any existable minable supplies of everything. Could give us a short term surprise oversupply, long term gold silver copper etc there is only so much of it.

**cottonpicken** · Mar 26, 2011, 08:34

Good question actually,the answer is "currency event".

**CeePen** · Mar 28, 2011, 08:03

So prices go up in nominal terms only?

Anyone see the Macleans article on the Canadian Economy?