This Old Economist: “Economic vocabulary change”

We used to drive world economic growth relentlessly on the back of cheap oil and easy credit.

 [“We've had a good hard drive since the 1940s”]

The times, and economic vocabulary, they are a-changin’.

OUT   -   driving  relentless  unlimited  easy

IN   -   weak  slowing  recession  dampening  shrinking  contract

Slowly, reluctantly, and deep in financial and environmental debt we will change the Canadian or American Dream.

[Photos by G.Harrison]

        

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