Canada Economy on the Brink of Collapse
Economists surprised by Canadian economy on
May shrink 0.2% may head to recession on the first half of 2015. While central
bank lower interest to 0.50% on July is not enough to boost economy. There are
some indications that economy bubble begins worrying in Toronto and Vancouver metro
areas housing. (EA01/CN/4/Agust/15)
The US is heading to the Great Recession.
The weak productivity growth with only 0.5 percent over the past five
years was similar as the financial crisis hit which ended on 2009. There are some
job creations but not resulted in wage and living standard rise. With GDP growth
is around 1 percent, some economists predict it could push inflation over the
next few years. (EA02/CB/12/August/15)
No comments:
Post a Comment