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Canadian Economic Forecasts Mixed as Recession Looms
The Financial Post excerpt reviews dire deflation risks voiced by John Exter and warns of a banking collapse unless gold buys time. It cites Woods Gordon projections of 8.5 percent inflation, 13 percent unemployment, weak housing, and a dollar near 80 cents, while noting the potential recovery hinges on consumer spending.
MENTIONED IN THIS ARTICLE
Financial Post
John Exter
V-P
Federal Reserve Bank of New York
Citibank
Silver and Gold Report
Woods Gordon
Stephen Tanny
Canada