Quote:
Originally Posted by macker
Speaking of the recession....Bank of Canada who was recently saying 1rst quarter GDP would be flat now predict a drop of 4.8% A lot of guess work and I don't take a lot of comfort from any of these so called estimates. At the end of the day they are guessing on a rapidly moving target. I woudn't take much comfort in Crebs predictions thats for certain. |
Do you have a source for this? That would be massive. Even the 1981 recession was only on a scale of around -2%, I think.