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Tuesday, September 1, 2015

Publishing Pause

I am recovering from a rather inconvenient mishap. Not sure when I will be ready to put up some longer content.

I see that the latest release has Canada falling into a technical recession in the second quarter. Although a declaration of recession may have an effect on the rhetoric in the election, until there is some serious follow-through in construction, the effect of this weakness will probably be limited, under the assumption that the United States (Canada's major trading partner) avoids a recession. (Please note that it is very clear that this assumption can be questioned, but if we have a global recession, it seems like a safe forecast that Canada will have a deep recession.)

5 comments:

  1. Brian: I'm currently reading UGF. I can't recall the last I spent so little for such good work. Wishing you a speedy recovery.

    ReplyDelete
    Replies
    1. Thanks, I am mainly OK now, I just need to rest. Good to hear that you are a happy customer!

      Delete
  2. Joseph LalibertéSeptember 2, 2015 at 8:57 AM

    Wishing you a speedy recouvery. Keep on the good work!

    ReplyDelete
  3. https://en.m.wikipedia.org/wiki/Money_creation
    Wikipedia lies!

    ReplyDelete

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