Wednesday, August 18, 2010

Thing$ Going $$South Pt 3: The US economy? Oh, oh Canada

Our over-inflated dog of a lifestyle here on planet Earth may be coming back to bite us.

Not only are many expenses going north (collect the whole set!) but there are signs that the global economy is going south.

One result - those that are bitten turn a bit snarky. (And snarky is worse that starkers in may ways, isn’t it? Just asking).

One thing for certain that is going $$South is home ownership.

Another is Greece. Whoops! It’s so slippery.


["Get ready for a lot of company, Pee Wee"]

Could the North American economy be the next thing that goes south?

After all, according to recent news, the following bad economic signs are evident:

Home foreclosures are reaching record highs again

Jobless claims are rising

Core retail sales are falling

And, because the Canadian economy is strongly reliant on the US economy, if the US economy goes south so does Canada’s.

Isn’t that exciting news?

It gives a whole new meaning to “let’s go south for the winter, Edith.”

***

I should start listening to cheerful music every morning.

You hip? Any suggestions?

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