Posted 1/31/2008 11:25 (#297531 - in reply to #297507) Subject: RE: Assume the US economy tanks, how does it affect farmers?
I'm thinking it'll buy less because of inflation.
I wasnt' really thinking about the exchange rate. I don't know what the exchange between the US and CDN $ will do in 4-5 years. Since Canada is an exporting nation and most of the exports go south of the 49th, my guess is that if our largest trading partner goes through rough times, it will negatively affect our currency.
Assume the US economy tanks, how does it affect farmers?
