Thursday, August 19, 2010

q&a, canada




q: the future...what does it hold?

"One theme is not what happens over the course of the next six months (which seems predictable enough), but rather the next five years. Between now and 2015 is a pivotal time, especially after the events of the last two years. The federal government will be $600 billion in debt, and have to raise taxes. Interest rates will creep higher. Many unemployed will never be employed, especially the gray ones. An army of house-heavy and income-light Boomers will be selling homes. And asset values will deflate, while energy costs rise."

a: well, shit.

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