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allan5oh · Posted: Tue Apr 08, 2008 12:10 pm Post subject:

I can tell you Ontario is not doing so great, but Alberta and actually all of western Canada is doing fantastic. Manitoba is said will grow 3.5% in 2008. Our housing prices has always been low, so a crash really cannot happen. Might happen in Vancouver, or Toronto. You can still get a decent 1000 sq ft home for 150k here.

no_worries · Joined: 18 Apr 2006 Posts: 862

I know Vancouver's the highest market in Canada. When I was up in Kelowna, their housing prices were similar to the high prices on the West Coast here :shock: Man, I love that area though. When the crash comes I'm buying a vineyard :lol:

got mud? · Joined: 27 May 2006 Posts: 244

allan5oh wrote: got mud.. how much does the average American spend on gasoline in a year?

the average American drives 12,000 miles a year (based on the insurance standard) if the average car gets 19 miles to the gallon at an average of 3 dollars a gallon you are looking at $36 dollars a week just in gas. now I can assure you most people spend more than that a week in gas. the other thing you have to look at is the fact that a lot of other things are effected by the rise in crude oil. all petroleum based products are affected.

allan5oh · Posted: Tue Apr 08, 2008 10:46 pm Post subject:

But here's the thing:

Oil is an international commodity. If there was a "cap" on oil, as soon as the international price went above that "cap" price, we'd have ZERO oil.

countryhorseman · Posted: Wed Apr 09, 2008 7:55 am Post subject:

The farmers are doing no better today than they were ten years ago! They do not get a FSC, so the higher commodity prices, and just keeping things close to even, in some cases not!

Now, if you want too look at the decline of the American dollar, where most try to blame government, they need to look in the mirror at the cause! Wasteful attitudes of Americans - well, the whole industrialized world is following suit now! And the Keeping Up with the Jones' Syndrome - having to have everything bigger and better than the next guy, and pushing those credit cards to the max! Ooops! What do you mean it is maxed out, and oh, you want a payment! Oops!

Oh well! Maybe someday we will learn!

Dispatch_This wrote: One good thing- The Farmers that grow crops are making ou quite well with these higher commodity prices, the investment bankers who shuffle paper are getting the screws put to them. There's some poetic justic in that.

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