本文发表在 rolia.net 枫下论坛exchange rate is one thing.. import & export are very important but not the only part of economy... actually, high exchange rate reflect that investor's confidence in canada economy and globe high oil price(canada is a net exporter)..
every economy has cycle.. up and down.. but there is one thing you have to understand.. Gov is just one player in economic activities.. like every one else... economy is a grand sum of all economic activity... gov might try to adjust economy by increase/decrease spending or change tax policy.. central bank try to reduce economic fluctuation.. keep it running at potential.. I don't think right now canada will slide into depression.. or even recession..
its manufacturing side is losing jobs.. but new economic sector pickup more than compensated those loss.. right now unemployment rate is at historical low level.. it might slow down as high exchange rate adjust economy atuomatically.. but I don't see a recession... comparatively.. US has much larger chance of recession if there credit crunch crisis keep spill over to other economic sectors更多精彩文章及讨论,请光临枫下论坛 rolia.net
every economy has cycle.. up and down.. but there is one thing you have to understand.. Gov is just one player in economic activities.. like every one else... economy is a grand sum of all economic activity... gov might try to adjust economy by increase/decrease spending or change tax policy.. central bank try to reduce economic fluctuation.. keep it running at potential.. I don't think right now canada will slide into depression.. or even recession..
its manufacturing side is losing jobs.. but new economic sector pickup more than compensated those loss.. right now unemployment rate is at historical low level.. it might slow down as high exchange rate adjust economy atuomatically.. but I don't see a recession... comparatively.. US has much larger chance of recession if there credit crunch crisis keep spill over to other economic sectors更多精彩文章及讨论,请光临枫下论坛 rolia.net