Saturday, June 2, 2012

circuit — Canada: Government deficit shrinks, Household sector deficit soars


Sectoral balances.

Read it at Fictional Reserve Banking
Canada: Government deficit shrinks, Household sector deficit soars
by circuit

4 comments:

lowerleftlimit said...

It will be interesting to see how Canadians politically respond to 'their' growing public debt. The seems to be a polarization developing especially wrt the student protests. Neo-liberal litmus-test perhaps.

Shaun H.

Dan said...

As Roger Mitchell likes to say, the most important equation in economics is Federal Deficit = Net Private Savings + Trade Deficit

Anonymous said...

Pramatic Capitalism had an article touching on this comparing Canadian housing market to US's in 2007 as consumers become tapped out there

Michael Boudreau said...

"Crisis, what crisis?"
http://twitter.com/JimboStanford/statuses/184965167866580994