May 31, 2004

Canada's economy: on a razor's edge

Media notice or general sentiment? A recent poll says we Canadians are unsteady and our confidence has deteriorated a little. Not weeks ago the reports were all that Canada has a bright future in the coming years. I guess that was before gas went up and extra oil production was inhibited in Saudi Arabia, and housing starts modestly declined . . .

We're kind of funny. It's good; no, it's bad. It's bad; hey, it's so good. When I was learning about economics and business many years ago, I thought the "macro economy" bore little resemblance to most people's "micro economies." Now I really have no idea. Globe and Mail story here.

Posted by Grayson at May 31, 2004 06:19 AM