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Old 06-11-2009, 02:01 PM
trent trent is offline
Senior Member
Join Date: Jun 2008
Posts: 387

The real problems are yet to start in Canada. Once the employment insurance runs out for the recently laid off, foreclosures will pickup, spending will slow, banks will start feeling the pain of defaulting loans (mortgages, car loans, credit lines, credit cards). At this point you are not looking at recovery, but at economic collapse.
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