Fort McMurray’s Fires Suck Life Out of GDP – But Is That The Whole Story

Posted by Michael Campbell

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Record low interest rates, a 25% devaluation of the loonie and an oil price rebound wasn’t enough to rescue the Canadian economy.

… the bigger picture from Martin Armstrong: Sovereign Debt Crisis – Banking Crisis – Derivative Clearinghouse Risk

…and from Michael infrastructure spending on golf courses:  A Gov’t Spending Lesson in Futility