immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Global Crash: Commentaries

Economy Dept: The hyper-attention is justified. An American crash could touch off a global crash; quite certainly, our own economy would be severely affected, according to The Star. So I ve kept a fairly close eye on the subject. Many commentaries are exceptionally well-informed and thoroughly worthy. But, to be absurdly arrogant since I ve no degree in economics, nor indeed in anything, most strike me as radically wrong in at least two fundamental respects and every day in every newspaper there is now somewhere a sombre, scary article about the United States fiscal cliff or the threat that first its national finances and then its economy will go phut . As important, and even more so, at stake is the American political system itself. It s very close now to being completely dysfunctional. (www.immigrantscanada.com). As reported in the news.