Macleans on fragile US Economy

Macleans is running an article about the current unsustainable fiscal policy in the US. I originally saw this on Bound By Gravity. He’s asking for some comment from any economists or others with a different point of view. Please go visit if you’d like to comment. Udpated 2 times You may look at that headline …

Bush in Europe: Redux

I was asked to give my opinion of Mr. Bushs’ visit to Europe. There were several times during Bushs’ tour when I considered posting something… but each time I took a step back and thought, “Has anything changed”? And every time the answer was the same…. no. There was so much talk about how Bush …

Budget 2005 Analysis

Just reading through the Budget technical documents Some interesting concerns that the government specifically raises: Despite the still-encouraging growth outlook for the Canadian and global economies, there remain significant risks. In the near term, the large and persistent U.S. current account deficit presents a key risk. This imbalance could result in a further depreciation of …