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The State of The Canadian Econ
Title: The State of The Canadian Econ
Category: Law & Government / Government & Politics
Details: Words: 504 | Pages: 2.1 (approximately 235 words/page)
The State of The Canadian Econ
The State of The Canadian Economy
The Canadian Economy has been shaken, stirred and chilled.
Stocks have crashed, jaws have fallen, and it has taken years off the lives of some buisnessmen. Even though there are many fears that of a recession is due, because of the state of the United States economy, it is safe to say at this time we are secure but we have a rocky road ahead. I feel that there …showed first 75 words of 504 total…
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…showed last 75 words of 504 total…Alan Greenspan came to the rescue when the market began to crash. Ford sales dropped 15% (seen on the December sales report) and Office Depot the closure of 70 stores. Greenspan dropped interest rates by half a percentage point, as soon after the markets picked up speed. At this point we are on the edge. If a recession occurs, even with Greenspan’s hand on the interest leaver, any rate cut maybe too little or too late.
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