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Wednesday, August 05, 2015

'Perfect Storm' Engulfing Canada's Economy Perfectly Predictable

http://thetyee.ca/Opinion/2015/08/03/Perfect-Storm-Engulfs-Canadian-Economy/

`A Wall Street short seller sums up the mess better than the mathematicians. "You have a resource economy that's been blown apart sitting on top of a housing bubble," Marc Cohodes told Maclean's magazine. "That's a toxic mix."''
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2 comments:

  1. PW Bailey10:49 AM

    And the proverbial manure is just starting to hit the fan in the housing market!

    ReplyDelete
  2. Bill12:02 PM

    Million dollar shanties can only last for so long. I also hear the inflation taking place in your neck of the woods is rising considerably as well PW.

    ReplyDelete

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