Canada 3Q GDP Reverse Plummets

[CPCFTW]

On the back of his creation of close to 600,000 jobs since the recession, StatsCan drops this bomb. Harper's steering the ship alright. Right away from an iceberg.

Edited December 1, 2011 by CPCFTW

[olp1fan]

no link?

[Smallc]

http://online.wsj.com/article/SB10001424052970203833104577070101311399384.html

[bush_cheney2004]

Here ya go....

http://www.statcan.gc.ca/daily-quotidien/111130/dq111130a-eng.htm

[olp1fan]

Nice, but the next election is 2015 i think so this is good but it doesn't guarantee anythinh

[Smallc]

It all depends on Europe. We need growth above 2% going forward, and something between 3 and 4% would be optimal.

[cybercoma]

GDP is going up while wages drop. That's a terrible sign.

[blueblood]

It all depends on Europe. We need growth above 2% going forward, and something between 3 and 4% would be optimal.

It will be western Canada feeding growing Asia that will get us through. What will be troubling is when china realizes they don't need Europe and the USA and let their yuan rise. When that happens the Chinese will have more purchasing power which will cause commodities to take off.

[Smallc]

Some Chinese will have more purchasing power. Some will probably die, or something, because they're living in the worst of third world conditions. Rural China is not really seeing the benefits of all this growth.