The Lions
Politics • Culture • Education
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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November 03, 2023

To shock or not

10 interest hikes and a 1,900% increase in the Bank of Canada rate, with mortgage prices swelling by a factor of four, the Canadian economy is flatlining. Like, not growing. In fact it might have slipped a tad in Q3, which means we might be – maybe, perhaps, but only gently – in a technical recession.
https://www.greaterfool.ca/2023/10/31/to-shock-or-not/

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