[Newsbot]

Title: TSX and Dow plunge in worst day of the year on growing fears of recession | CTV News
Category: Business
Posted By: uwish
Date: 2019-08-14 14:26:17
Canadian

[uwish]

the budget will balance itself! nothing to see here

[raydan]

In reality, it starting in the USA and is migrating here, as it always does.


US stocks slide 3% as bond market signals recession

https://www.ft.com/content/95c4362e-be7 ... 00d509634e

[fifeboy]

Well, I'm impressed. SOPET has the ability to cause a recession in both the US and Canada. Whoda thunk it?

[llama66]

SOPET?

[raydan]

I looked it up... couldn't find anything.

[fifeboy]

Son Of Pierre Elliott Trudeau

Sorry

[Freakinoldguy]

fifeboy fifeboy:

Son Of Pierre Elliott Trudeau

Sorry

I've never heard that one before. Well done.

[BeaverFever]

uwish uwish:

the budget will balance itself! nothing to see here

The budget?

This is about the stock market in Canada and the US,neither of which is controlled by Trudeau. Aren’t you embarrassed to constantly demonstrate you have no idea what you’re talking about?

[DrCaleb]

BeaverFever BeaverFever:

uwish uwish:

the budget will balance itself! nothing to see here

The budget?

This is about the stock market in Canada and the US,neither of which is controlled by Trudeau. Aren’t you embarrassed to constantly demonstrate you have no idea what you’re talking about?

If he were, he would have stopped a long time ago.

[llama66]

This has less to do with the spawn of Trudeau, and far more to do with the guy south of the border wreaking havoc on trade agreements.

[DrCaleb]

llama66 llama66:

This has less to do with the spawn of Trudeau, and far more to do with the guy south of the border wreaking havoc on trade agreements.

Trump is a part of it, but the economy has a trend of 10 years between recessions, and it's been 11 years since the 2008 recession. Trump isn't helping the situation, and may be worsening it by removing all the Obama era regulations designed to prevent it and his trade war with China.

But other countries are seeing problems, like Germany as well.

[llama66]

Yeah, this is going to be a nasty recession.

[DrCaleb]

{gets out plastic coated map to the zombie apocalypse bunker}

[llama66]

It's underwater, remember?