Who else is starting to get scared!

[cottonpicken]

I keep looking for an example in history where the
purchasing power of a paper based currency goes
up,oddly enough i've got over 600 examples of where
it goes to zero.

If interest rates ever hit 10% i'll quit posting
forever,because i will not have a handle on the
situation and because 100% of corprate and tax
revenues will go to paying the interest on government
and private debt so nobody would have any money to
pay the electric bill to talk to on the computer
anyways.

[SASKFARMER3]

cotton the housing bubble is easy and I think is very close at hand.
Throw in a interest hike of 3 % to 6% and most of my neighbours in Regina will be gone!
Mortgaged and then line of credit on their house up to their ying yang.
Also all these new Canadians that are coming with supposed millions if houses crash in Vancouver and land in Saskatchewan wow can you say HOWYSHIT Grasshopper!
I do agree with your assessment once interest starts climbing the govt of Canada will take every thing it can from every one to pay interest. Trudeau will help that process, Socialism doesn't work Willgro.

[cottonpicken]

Christ almighty,i just read the math on minimum
wage in the 60's compared to today,25 dollars an
hour,i new it was bad,but not that bad.