Canada Now In-Recession

**SASKFARMER3** · Jul 31, 2015, 07:15

Yes we are in a Recession. Oil dropping like a stone etc.
Could be interesting couple years and then theirs the up coming election.

**errolanderson** · Jul 31, 2015, 07:29

SF3 . . . U.S. dollar dropping like a stone this morning due to disappointing U.S. wage data.

Ms. Yellen will not be increasing rates anytime soon. U.S. will be next to enter the recession world.

**SASKFARMER3** · Jul 31, 2015, 07:31

I never really got why she was trying to say every thing is good and we have to increase our interest rates.

**farmaholic** · Jul 31, 2015, 07:39

How can everything grow for ever? Couldn't it be looked at like a cycle? How many times over the last century was there economic recession. Why the big deal? Explain.

**farmaholic** · Jul 31, 2015, 07:44

**ado089** · Jul 31, 2015, 07:44

It was a Bluff. If the government fed needed to raise rate it would indicate strength. The Bluff will be called.

**errolanderson** · Jul 31, 2015, 07:50

IMO, the U.S. has never recovered from the 2008 financial crisis.

Rather, the American economy was primarily supported by the Federal Reserve policy, which doesn't create any economy, but can buy time.

Now the U.S. has to stand on its own two feet proving to the world the recovery is actually real. That is the corner Yellen has painted herself in (IMO).

It's now 'go big', or 'go home' time for the Fed . . . .

**farmaholic** · Jul 31, 2015, 07:58

Chart was from Wiki and here is the explanation:

Annualized GDP change from 1923 to 2009. Data are annual from 1923 to 1946 and quarterly from 1947 to the second quarter of 2009.

**grrrr** · Jul 31, 2015, 09:07

Errol.... I agree 100%. False economy for years. Bubble ready to break.

Canada Now In-Recession