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Untangling the 1980s Global Slowdown and Canadian Impact
The piece surveys global economic turmoil as the dollar weakens and U.S. rates rise, triggering bank woes, inflation fears, and housing slumps. It notes the First City collapse, Alberta group troubles, and a path from expansion to recession with Canada facing unemployment rises and a looming U.S. downturn.
MENTIONED IN THIS ARTICLE
Europe
Japan
U.S
Canada
Bank of Canada
Atlantic
West
Ontario
Alberta
Wall Stree Journal
States