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#1
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How is the Canadian Economy?
How is the Canadian Economy at the moment? Here in Europe and in France in particular the things are not going so well and I am curious what you think about the Canadian economy because I see on the news what is going on in the States....
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#2
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I don't think the Canadian economy is in better shape compared to the US one. We are just a few months behind as usual, and the same banking and credit crisis will hit here, once we see 10-15% more decline in Canadian real estate prices.
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No debt |
#3
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Things don't look good to me. Harper is talking about running deficits, the forecasts are that unemplyment will increase above 7%. These are not good developments.
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#4
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I still don't want to believe it but I know it will hit us hard. Next year will not be good for Canada....
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#5
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You better believe it, because it's already happening. I'm hoping to see a lot of bakruptcies from Canadian retailers who have gouged us for years with their ridicolously high prices.
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No debt |
#6
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Quote:
Look around. Don't you read newspapers? Next year will be even worse than this year. The impact from the US markets crash will deepen. Canada does around 70% of her export to US and with the corrections that Obama wants to make on the North American Free Trade Agreement I think Canada will feel this really bad!
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sunny |
#7
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I also think that next year, will be worse than this year. I just hope that unemployment doesn't go too high, or things can get really ugly.
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Bear with me please |
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