Leading economist addresses TTA, provides insight into global issues

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Jan 20, 2008
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TORONTO, Ont. -- Despite a steady stream of apocalyptic media reports on the economy, the US is actually experiencing a manufacturing renaissance, wages are holding steady and Canadians have horded away an unprecedented amount of cash. [Full Story]

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Show of hands..

Funny, I was just talking to someone about the economy and look what got posted here lol.

Out of curiosity, let's do a straw poll to see how people feel here. How many of you feel the economy will:

- get worse in the next 12 months
- stay the same in the next 12 months
- improve in the next 12 months

And by get worse, I mean output goes down, unemployment gets worse, financing conditions are not favourable and cash flow becomes slower than normal. Improve means the polar opposite of what I just suggested above.

I'll go first: I think the economy will get worse because it all seems to be leveraged on the whole European situation (debt) and stagnant unemployment rates across North America.