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Barry Morris
04-03-2016, 04:37 PM
http://www.cbc.ca/news/business/gdp-canada-analysis-1.3514344

"While 0.6 per cent growth may not seem like much, we must remember this is a monthly number. If we had 12 months like that, the annual growth rate would be in the range of a staggering 7 per cent, unheard of in an advanced industrial economy. "

RWGR
04-04-2016, 08:16 AM
LOL

And if my aunt had balls she'd be my uncle :) :) :)

Anapeg
04-05-2016, 11:09 AM
LOL

And if my aunt had balls she'd be my uncle :) :) :)

Why attack the authority of the poster without addressing the substance of the OP?

RWGR
04-05-2016, 11:27 AM
"Substance"??

That DID address the substance!

It's taking one month growth and saying "IF that happens the next eleven months our economy will be on fire", to which the OP makes a thread basically insulating it's already a done deal.

If i make a thread that says "If I get a Christmas Bonus every month like the one I got in December my back account will be $11,000 richer!", would you "address the substance"?

Of course not, because there's no substance.

Bluesky
04-05-2016, 12:57 PM
to which the OP makes a thread basically insulating it's already a done deal.

He did not. You reacted because it was Barry. This is good news for Canada because the experts predicted 1/2 that growth. But you don't like to hear good news about Canada. Barry used the word "maybe", as did the article itself.

But we understand. You're just doing your part to keep Soonet alive. Well done, RW, well done!

RWGR
04-05-2016, 02:04 PM
You're exceptionally on edge, I get it. Economy in the tubes, and grasping on to a "what if" scenario to prove all is right.

RWGR
04-05-2016, 03:00 PM
...and you still have not disproven that if my aunt had balls she'd be my uncle

RWGR
04-05-2016, 04:54 PM
Despite stronger economic readings recently, Mr. Madani projects growth of just 0.7 per cent this year, and 1.2 per cent in 2017, a bleaker view than that held by some other forecasters: “With business investment expected to fall more sharply this year than last, we expect the economy to struggle badly in 2016, buffered by only a moderate improvement in non-energy exports.”

http://www.theglobeandmail.com/report-on-business/top-business-stories/one-very-bearish-view-of-canadas-economy/article29508351/

http://www.debtlegal.co.uk/wp-content/uploads/2014/03/Head-In-The-Sand-Debt-Management.jpg

RWGR
04-05-2016, 04:56 PM
Guess it all depends on who you read ...

Following the recent crude oil price rally, economists say Canada’s economy risks getting caught in a bind where oil prices are not quite high enough but the loonie is not quite low enough.

Canada’s dollar has had a strong rebound in the past month, rising from about 68 cents against the U.S. dollar to 76 cents as of Monday. Oil prices have also rebounded nearly 50 per cent in that time.

The Canadian economy has been feeling the pressure of low oil prices for two years now, causing recession in provinces such as Alberta and mass layoffs in the energy sector. But recent data suggests that oil’s pain has been the manufacturing sector’s gain, as cheaper gasoline prices and a weak loonie have helped the country’s non-energy industry’s become more profitable.

Unfortunately, the recent moves in oil and the loonie could halt that shift.

http://business.financialpost.com/news/economy/canadas-recovery-at-risk-in-twilight-zone-of-low-oil-and-rising-loonie

Bluesky
04-05-2016, 05:34 PM
You're exceptionally on edge, I get it. Economy in the tubes, and grasping on to a "what if" scenario to prove all is right.

Actually, I've never had it so good. And I am so not worried that it almost feels irresponsible on my part. :note:

_daynzy
04-05-2016, 05:40 PM
...and you still have not disproven that if my aunt had balls she'd be my uncle

https://s-media-cache-ak0.pinimg.com/236x/03/b0/d2/03b0d273dbc179a410f379114873584d.jpg

RWGR
04-06-2016, 07:13 AM
Actually, I've never had it so good. And I am so not worried that it almost feels irresponsible on my part. :note:
Let the others eat cake!!

RWGR
04-06-2016, 07:13 AM
https://s-media-cache-ak0.pinimg.com/236x/03/b0/d2/03b0d273dbc179a410f379114873584d.jpg

Yes...the NHL playoffs did this year...ALL AMERICA :) :) :)

Bluesky
04-06-2016, 09:45 AM
https://s-media-cache-ak0.pinimg.com/236x/03/b0/d2/03b0d273dbc179a410f379114873584d.jpg

You did not specify. Tennis balls? Basketballs? Baseballs? And how does a pair of balls in her purse change her gender?

RWGR
04-06-2016, 06:33 PM
Hmmmm...

RWGR
04-13-2016, 09:12 AM
The International Monetary Fund has cut its expectations for how the Canadian economy will perform this year and next.

The international group projects Canada's GDP will expand by 1.5 per cent this year and by 1.9 per cent next year. That's better than the 1.2 per cent performance clocked in 2015, but a pullback from what the IMF was expecting in January, which was 1.7 this year and 2.1 per cent next year.

http://www.cbc.ca/news/business/imf-canada-forecast-1.3531869



BM ...Blue...assume the position!!

https://45.media.tumblr.com/16ff4669cc0750210c1eb5c975fb5958/tumblr_nj75y6ui4A1s2wio8o1_500.gif

Bluesky
04-13-2016, 09:24 AM
I have no ostrich.. err dog in this hunt. Sorry. I just wanted to poke you in the eye because I felt mischievous.

RWGR
04-13-2016, 09:36 AM
I have no ostrich.. err dog in this hunt. Sorry. I just wanted to poke you in the eye because I felt mischievous.

I see (no pun intended)

Barry Morris
04-29-2016, 09:31 AM
Oh, mercy, we're all gonna die!!!

http://globalnews.ca/news/2669970/canadian-economy-dips-in-february-after-months-of-growth/

RWGR
04-29-2016, 10:12 AM
Translation: "Now this thread looks even more ridiculous than before, i need to get out in front of this now!!"



I WIN!!!

:) :) :)

RWGR
04-29-2016, 10:18 AM
Stunningly, BM's brave and intellectual tour-de-force of an economic prediction was shockingly poor



“The Canadian economy is in for some payback in February after a blowout start to the year,” said BMO Nesbitt Burns senior economist Sal Guatieri, who expects to see a contraction of 0.2 per cent.

Barry Morris
04-29-2016, 12:51 PM
"http://www.thestar.com/business/2016/04/29/looney-rises-above-80-cents-us.html"

"Loonie rises above 80 cents U.S. for first time since last summer
With a 10.7 per cent gain this year, the Canadian currency has been the best performer among its G-10 peers."

Yup!! :) :) :)

RWGR
04-29-2016, 01:04 PM
Congratulations, you're up to 4/5 of our rate!! :) : :)

Anapeg
04-29-2016, 06:51 PM
Oh, mercy, we're all gonna die!!!

http://globalnews.ca/news/2669970/canadian-economy-dips-in-february-after-months-of-growth/

I fail to see how the numbers can be that wonderful. Look around. Oil sands shut down, Tube mill shut down, Essar all but shut down. Head past any Timmies in the A.M. and see the lines are not nearly what they were. This must be similar to the rest of the country. It would seem to myself the Federal Government has found a new way to tabulate the numbers.

RWGR
05-01-2016, 05:59 PM
Barry often quotes Twain when it comes to stats and liars.

He believes all numbers and stats are manipulated for any number of reasons, unless, of course, they are numbers he provides. Then, apparently, they are to be believed without question,

RWGR
05-05-2016, 10:12 AM
Again, let me express my shock and dismay that BM was, once again, hysterically wrong about something ...



It looks like Canada's surprisingly strong run of economic data is ending, if TD Securities is right, and that means one of the fiercest rallies on record for the Canadian dollar is poised to end as well.

We may have passed "a point of peak optimism" on the Canadian economy, senior foreign-exchange strategist Mazen Issa wrote, after the release Wednesday of trade data for March in which America's neighbor to the north recorded its biggest monthly deficit on record. Exports tanked, with acute weakness in shipments to the U.S. Canada's trade surplus with its largest trading partner shrank to levels not seen since before the North American Free Trade Agreement was signed.

http://www.bloomberg.com/news/articles/2016-05-05/look-out-loonie-canada-may-have-just-peaked