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Old 01-22-2009, 02:33 PM
heyjude heyjude is offline
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Join Date: Jul 2008
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Quote:
Originally Posted by Canadian View Post
I think the Canadian recession will be of the same magnitude as the US one. Maybe a little worse, but not much. Don't forget that Canada had 27% unemplyment at the height of the Great Depression, while US had "only" 25%
These numbers are very distressing. I hope we are not heading for another Great Depression. I know that in the States a lot of people lost their jobs and more will. The unemployment is already high. Everyone is keeping their hopes on Obama to miraculously fix everything…
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