RE:RE:RE:RE:RE:RE:The fall of Canada and The End of TrudeauHey PACKER__
May NOT BE a 80s on ""STEROIDS"" THIS Time eh !!! NoneTheLess I DO SEE the SAME PATTERN__The US Economy AND Share Prices
KEPT on RISING__WhereAs the CDN Economy AND Share Prices REMAINED STAGNANT
packerdriver wrote: Frank007 wrote: I think it's going to take a long time to repair the damage that bafoon has done to the Canadian economy ...this is 1980 ..repeat on steroids L.so get ready for the depression !
YEAH SURE FRANK ! Canada GDP 2015 = 1556B...2023 = 2140B....a 37% increase (4.6% / year). DESPITE a two year economy shutdown due to Covid! "Damage"?
In 1980 the bank rate in Canada was 12.89%.....today it's 5.45%...the long term average is 7.17%
In 1982 the unemployment rate peaked at 13%....today it's HALF of that. That 6.5% rate has been considered by economists to be "full employment" in/for Canada for several decades.
The moon is STILL not made out of cheeze, fella !!!