Bull

Homelessness has doubled, unemployment has hit 12%; yup - things are looking up!

acrider & denaljo

you guys are priceless....

Acrider comment "bull" what a display of intelect.

Denaljo comment "About homelesness and unemployment".. I have to ask you to consider for just a moment that perhaps unemployment go down, and money becomes available when the economy gets better...

you think????

15% of available jobs in Prince George have disappeared in the last year.

This forecast did not predict the closure of Eurocan, and does not have the ramifications of that factored in to their forecast. I'm sure there are others in todays market.

The floor could drop out of the US dollar any day with gold reaching record high's currently verse the dollar (nearly 97% dollar devaluation against gold in the last 30-years)... and interest rates guaranteed to go up in the next year.

US housing bankruptcies are still setting new records every month and this is not slowing down.

45% of GDP is actually financial industry revenue that contributes few real jobs and is supported by a currency ponzi scheme of bank bailouts and stimulus debt financing all to create the voodoo appearance of an active market.

A 3% growth is paid for by future generations in todays fiscal deficits.

'Bull' is an appropriate word IMO to describe this 'forecast' from 'economists'. The truth is we are reaching the end of the free money ponzi scheme of central bankers and investment bankers.

The sky is falling!

Eagleone....

This is one of the worst global economic challenges we as a country have ever faced, and no one is aying we are going to wake up tomorrow morning an it will be over....quite the contrary. But the turnaround IS starting to show signs overall in our country, some areas more than others admittedly, but it is the small step toward recovery that we have to begin to appreciate, and allow it to give us some optimism, however small the measure..

The recovery will hit our area as sure as you and I are doing this blogging....so after all the crap our economy has gone through, lets take a little tiny joy from an economic forcast that does tell us the sky IS NOT falling.

It's sooo easy to be negative about everything and that kind of thinking plays right into Carol James hands....anything good for the province is bad for the Dippers. (if you are a Carol fan, I apologize for my bluntness)

I don't know. I think its good to take a realistic perspective and not allow some economists to shape public opinion to satisfy a political agenda. Full transparency is what I think is most important, and not unsubstantiated opinions of 'economic modelers'.

The facts are the sky is falling economically speaking and we can't afford to play chicken little and put our heads in the sand and hope the 'economists' with a vested interest are able to spur the ponzi scheme further down the road exasperating the problems for my generation... to solve the comforts of today's politicians.

The only turn around to date is the result of deficit stimulus spending and financial market interventions also paid for with debt to be paid back by my unemployed generation in the years to come. Deficit spending will only last for a short term and we are nearing the end of that short term where we will have to face the music for the reality of the ponzi scheme economy we have had built around us to facilitate a financial take over of our markets by the globalist bankers.

I don't support the ndp either. I am a free enterprise kind of conservative that this country was built on, and that will ultimately save this country from the kind of monopolistic capitalists and socialists that have been running the show for the last 40-years.

In a market economy we would have allowed the offending banks to fail, we would have allowed the GM's and the Chrystlers to fail, and we would have allowed the markets to crash... so that fiscal accountability is enforced and new opportunities could be seized by the fiscally accountable. Instead we have bailed out the people that created this crisis with public dollars and prolonged the terminal cancer on our economy for an even larger crash to come... bought time with money we didn't have to purchase an even bigger depression surely to follow, while providing the cover for the financial crooks to cover their bets.

Time Will Tell

Has slightly improved, and you call that stabilizing?
Fcol, give us some real news.

I liked acrider54's response.
Short, succinct and to the point.

I call bull too.

Bull here as well.