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  #1  
Old 12-24-2009, 05:45 AM
Rickson9 Rickson9 is offline
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Default Canadian Economy Booming

"The Canadian economy strung together back-to-back months of growth for the first time in almost two years"

http://www.financialpost.com/news-se...tml?id=2375402
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  #2  
Old 01-03-2010, 09:01 PM
BankAdmin BankAdmin is offline
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And big surprise it's all real estate based . I give it a few more months at most, maybe less.
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  #3  
Old 01-04-2010, 01:11 AM
Elli Davis Elli Davis is offline
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Thanks a lot for the article. I cannot believe I haven't read it before.
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Old 01-07-2010, 04:52 PM
trent trent is offline
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Rickson, did you even bother to read the title? "Stimulus and housing give economy one-two punch". Stimulus (gross misallocation of capital bound to cause another bubble) and Housing (huge real estate bubble bound to deflate viciously any moment now). Yeah, this is one booming and prosperous economy for sure .
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Old 01-08-2010, 01:36 AM
Rickson9 Rickson9 is offline
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Quote:
Originally Posted by trent View Post
Rickson, did you even bother to read the title? "Stimulus and housing give economy one-two punch". Stimulus (gross misallocation of capital bound to cause another bubble) and Housing (huge real estate bubble bound to deflate viciously any moment now). Yeah, this is one booming and prosperous economy for sure .
Critics have been saying the same things about stumulus and housing in Canada for a few years now...? No sign of the financial armageddon that they're talking about...
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Last edited by Rickson9; 01-08-2010 at 01:39 AM.
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