The View Ahead for 2008
The year almost past has been turbulent to say the least. In the Canadian province of Ontario that I live in, thousands have lost or will soon be losing their jobs due to a slowing economy. Factors outside the province have contributed to this. The rising Canadian dollar against the weakness of the American dollar, the collapse of the subprime market in the US which is setting off alarm bells around the world. Economic forecasts for 2008 is that credit markets around the world will tighten. Some more than others. -- read more