The 1980s Boom and Bust Warned for Canadian Wealth
A financial column contrasts Stephen Harvey’s advice to stay liquid in cash with fears of inflation and recession. It discusses how falling rates could depress gold and silver, while rising rates and deficits might spark a flight from paper to metals. The piece warns against keeping wealth in savings accounts and notes risks to the Canadian dollar and oil economies.
MENTIONED IN THIS ARTICLE
Stephen Harvey
Guardian Trust
Harvey
U.S
Paul Hellyer on Canada’s 1983 economy and policy
Paul Hellyer argues that 1983 was the worst year for Canada since 1933 as Statistics Canada shows a 4.8 percent real GNP decline. He criticizes Ottawa’s unemployment insurance surge to 11.6 billion, rising debts and deficits, and blames the monetary policy inspired by Milton Friedman for the downturn.
MENTIONED IN THIS ARTICLE
Statistics Canada
Ottawa
Trudeau
Milton Freedman
Chicago School of Monetary
Bank of Canada
Gerald Bouey
Canada
U.S
Reggie's Ramblings on Nation and Sports Commentary
A collage of opinions on national anthem rituals, provincial budgets, and political remarks. It notes a horse named Wayne Gretzky winning at Meadowlands, quotes about Mulroney and Joe Clark, a banking crisis transfusion metaphor, and a forecast of inflation and wage trends with questions on future policies and Easter mood.
Also Mentioned on This Page
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Manitoba Community Newspapers Association
U.S.A
England
F.D. (Don) Venables
Mexico
International Monetary Fund
Argentina
Brazil
BY Garth Turner
IAIR
Paul Hellyer
Reggie
British Columbia
Barrett
Manitoba
Souris ‘Plaindealer
Wayne Gretsky
Meadowlands
New Jersey
St. Regis
Brian Mulroney
Joe Clark
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