Wow, the hemorrhaging is still taking place? That's nasty. I had no idea it was still going so poorly.
Coincidentally, just today I was musing over the state of affairs here in Canada, as they are discussing yet another rate hike just after one was made on Tuesday:
Quote:
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The Bank of Canada raised its key lending rate to 0.75 per cent on Tuesday, and is the only G7 central bank to hike rates since the recession began.
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Rates expected to rise despite benign inflation report
Our recent inflation numbers point to a seven-month low, and the Bank of Canada is beginning to move away from stimulus mode.
It's odd, though, considering how dependent our economy is on the American economy. I still don't know how we've remained so robust this whole time comparatively. *Knocks on wood* I guess it's a sign that we're more economically diverse and/or independent than we were traditionally.