January 8th, 2009 wktd
With all the turmoil in the world with stock market crashs (and that stock markets are leading indicators), does anyone believe that we are heading into a new depression? How about Canada? Canada seems to be in a good position. What do people believe will occur with Canada?Canada is a country with false illusions. Except for Alberta the country is not in such a good position and for some provinces never has been, and even AB will feel it in time if the rest of the country goes south. The talk about a depression is most likely media hyped bull as usual, but a recession has been in order for a while.
Like always, the economy will most likely bounce back in time and the cycle will repeat itself.
Our society can use a good depression to teach people how bad it can be and force them to re-learn what real ideals are about.#If you have any other info about this subject , Please add it free.# |
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