Welcome, Guest

• Forgot your password?
• Apply for membership

1. •  
     CommentAuthorTriniman
   • CommentTimeJan 16th 2008

    
   Many are saying that the US is likely to go into recession this year. What affects the US usually affects Canada, too.
   
   Should government spending change in any way, knowing that a recession may be coming?
   
   Will your spending habbits change?
2. •  
     CommentAuthorgrumpy old man
   • CommentTimeJan 16th 2008

    
   Hard to say how I'll behave until I can see first hand how I'm affected. Maybe I put off that mega purchase. Not sure. One of the advantages of our economy is its diversification. Much of Manitoba's output is exported to China and India or to countries that export to those markets. Much of our economy is food based and there is always demand for that.
3. • CommentAuthorDeanK
   • CommentTimeJan 16th 2008

    
   fed government has already acknowledged the coming year is going to be "tight" and adjusted accordingly.
4. •  
     CommentAuthorzander
   • CommentTimeJan 16th 2008

    
   Here's an interesting article suggesting that the predicted recession will be far from "normal".
   
   A Different Recession: The Old Remedies Won't Work This Time

   Thankful People: Jimmytufish
5. •  
     CommentAuthorJimmytufish
   • CommentTimeJan 16th 2008

    
   IMHO, there will be effects felt here in Canada, and Dean says, Harper is being very careful. I'm hopeful that he remains PM during the coming months, as the alternatives scare me.
6. • CommentAuthornorthender
   • CommentTimeJan 16th 2008

    
   Wouldn't you say the alternatives would scare you at the best of time? ;)

   Thankful People: Jimmytufish, Freethinker
7. • CommentAuthorDeanK
   • CommentTimeJan 16th 2008

    
   what this country needs is a leader that everyone regardless of party affiliation could support, understand and work with,
   
   Our leader needs to be elected seperate from our MPs.
8. •  
     CommentAuthorgrumpy old man
   • CommentTimeJan 16th 2008

    

   Posted By: DeanKwhat this country needs is a leader that everyone regardless of party affiliation could support, understand and work with,

   
   Sure, lovely idea. Know anybody that fits the bill?
9. •  
     CommentAuthorJimmytufish
   • CommentTimeJan 16th 2008

    
   Heh.."The Republic of Canada Eh"!
   
   
   
   

   Posted By: zanderHere's an interesting article suggesting that the predicted recession will be far from "normal".
   
   A Different Recession: The Old Remedies Won't Work This Time

   IMO, one of the biggest reasons for the problems in the States is their involvements in so many wars at this time. It's a hugh drain on their economy.
10. • CommentAuthorumcrouc0
    • CommentTimeJan 16th 2008

     
    Wars are really good for some areas of the economy.
11. •  
      CommentAuthorgrumpy old man
    • CommentTimeJan 16th 2008

     
    I've heard that. It is apparently what kick started the world after WWII.
12. •  
      CommentAuthorTriniman
    • CommentTimeJan 16th 2008

     
    <blockquote><cite>Posted By: grumpy old man</cite>I've heard that. It is apparently what kick started the world after WWII.</blockquote>
    
    Isn't that where income tax came from, as well?
13. •  
      CommentAuthorgrumpy old man
    • CommentTimeJan 16th 2008

     
    WWI or WWII?
    
    Apparently that exceeds the 50% all caps threshold. Hilarious.
14. • CommentAuthorumcrouc0
    • CommentTimeJan 16th 2008

     
    I thought so.
15. • CommentAuthorDeanK
    • CommentTimeJan 16th 2008

     
    <blockquote><cite>Posted By: grumpy old man</cite><blockquote><cite>Posted By: DeanK</cite>what this country needs is a leader that everyone regardless of party affiliation could support, understand and work with,</blockquote>
    Sure, lovely idea. Know anybody that fits the bill?</blockquote>
    
    A couple of people.
16. •  
      CommentAuthormrchristian
    • CommentTimeJan 16th 2008

     
    If DeanK's skate record is a success it might be just the first in a long line of achievements. If you look at the country as one long skate chain....
17. • CommentAuthorPman
    • CommentTimeJan 16th 2008

     
    I thought than an excess of production caused the 50's boom as all those war factories converted to other commodities, and advertising techniques really took off...
18. • CommentAuthorDeanK
    • CommentTimeJan 16th 2008

     
    there was a lot of government money dumped on to soldiers and workers during the war that never "existed" before the war. This money had to be spent somewhere so it became its own driving force as more people wanted to buy stuff... more jobs became available which caused more people to have money... and so on.
19. • CommentAuthornorthender
    • CommentTimeJan 16th 2008

     

    Posted By: PmanI thought than an excess of production caused the 50's boom as all those war factories converted to other commodities, and advertising techniques really took off...

    
    It was also lots of kids.
20. •  
      CommentAuthorStarblubber
    • CommentTimeJan 16th 2008

     
    According to Merrill Lynch the US recession is already here.
    
    US Recessions "Has Arrived"--Merrill Lynch
    http://news.bbc.co.uk/2/hi/business/7176255.stm
    www.ml.com
    
    China's Growth May Finally Slow at Worst Time for World Economy
    www.bloomberg.com/apps/news?pid=20601087&sid=apMSMBqLTGIw&refer=home