As long as money is still flowing from other province, we will never get to a scenario where we are trading among ourselves.
Honestly I think a lot of people are trading on the hope that US will recover sufficiently that there are more people coming into BC from US, while domestic demands drops... how likely or not I am not sure.
I usually think take an average between the worst / best case scenario, we will end up where we will be. I think Garth Turner is probably the worst case scenario, CMHC reports is probably the best case.
Quote:
Originally Posted by Gridlock
Oh, I get all that...and I wasn't wanting to derail into a separate type of thread. I'm talking about 'new' money into province. Selling among ourselves drives economic activity, but I'm talking I guess about driving growth. We either need to create money, or bring it in from somewhere else.
How this relates: I think we're very good at creating growth through borrowing. My issue is, when the housing market takes a crapper(the word potential is up for grabs) then we need to rely on trade. And my fear is, we're going to come up short.
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