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Tag Archives: Canada
The Game is Up for the Commodity Super-Cycle as the Yo-Yo Years Begin
If a blizzard of awful Chinese economic data isn’t enough to convince you that China is heading into a deflationary slump and the commodity “super-cycle” is coming to an end, then the deepening crisis in the euro-zone should be. That’s because not only will a massive reduction in foreign lending by European banks hurt investment in emerging markets, but supplier economies will be hit disproportionately, as they were post-Lehman.
Posted in Commodities, Companies, Economy, Uncategorized Also tagged Australia, Austria, BHP Billiton, Brazil, China, ECRI, Europe, France, Germany, Italy, Japan, Korea, Lehman Brothers, Morgan Stanley, Taiwan, US, Yo-Yo Years 2 Comments
Damage to Business Forces British Columbia to Rethink Carbon Tax
Here is more evidence of the global retreat from climate change policies. British Columbia, which enacted a bold set of climate change policies designed to dramatically reduce its greenhouse gas emissions five years ago, has now called for an extensive review, National Geographic reports.
Posted in Economy, Global Warming Scare Also tagged California, climate, Western Climate Initiative Leave a comment
Canadian Taxpayers On the Hook As Housing Cools
As a country that earns its living exporting commodities, elevated prices have so far saved Canada from the kind of credit crunch experienced south of the border. In fact, for the last two years easy money has created a housing bubble. So, as the market begins to cool there’s growing speculation there'll be a sharp correction – and one that would deepen if China’s rapid growth slows. This may be less of a concern for Canada’s banks, protected as they are by government guaranteed mortgage insurance, than its taxpayers.
Germany’s Homemade Energy Crisis Threatens its Industrial Base