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  #11  
Old 02-02-2009, 04:07 PM
Canadian Canadian is offline
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Originally Posted by Steven View Post
The main thing that worries me is job security. If we have enough jobs, it will be easier to get through this. If on the other hand, we see significant job losses, the economic downturn will only get worse.
If there were enough jobs, then the economy would be much stronger. When people have jobs, they have confidence and they spend. Consumer spending has become really important for developed economies today.
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  #12  
Old 02-04-2009, 05:17 PM
trent trent is offline
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Confidence will be the last thing to return, after the economy has started recovering.
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  #13  
Old 04-21-2009, 04:08 PM
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Confidence will be the last thing to return, after the economy has started recovering.
There is no confidence, whatsoever. All I see is mounting job losses, pay cuts and bad economic news.
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  #14  
Old 04-22-2009, 02:16 PM
trent trent is offline
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Even the Bank of Canada revised its economic numbers for 2009 and 2010 downwards. I suspect they'll have to do it a few more times...
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  #15  
Old 07-04-2009, 03:33 AM
Ranana_veitty Ranana_veitty is offline
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Default financial/economic crisis in Canada

Ummm how are we supposed to comment if we dont even know what Maingears Take on the Financial Crisis Announcement is?
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