… The Recession is Over (2009)?
To paraphrase from a John Lennon song (Merry Christmas the War is Over). Mark Carney claimed:
“We are on track for the recovery both in Canada and globally,”
Mark Carney Bank of Canada Governor, July 2009
Really? Indications are this might be coming true. However, it might be a little preliminary. We cannot make any global statements yet about how we are through the worst of this. There are many financial landmines out there that could derail a recovery. Still, again, I applaud his optimism; let us hope it is well-founded.
My Recovery Thoughts
- Random Thoughts: Canada Week that was a while ago.
- How Do We Use Time it is the only variable you can't control.
- Is Costco Worth It? It has been for my family, just for the price of gas.
- Pope Down on Win at All Cost Financial Plans good for him.
- When does my Cellphone Contract End? always a good thing to know.
- Unemployment Numbers up a Bit for June 2009 a rough time for jobs.
- Now that is overspending only governments can get away with this.
- Inflation down 0.3% for June 2009 which was good news.
- Stopping What Should Happen is not as easy as it reads.
- Fight For Your $10 A Case Study no amount is too little to argue about.
- Interest Rate Hovers July 2009 hovering at historically low levels.
- The Library and Video Games? The library is your frugal friend.
Random Thoughts
For this momentous week when the recovery started (he said with a certain amount of sarcasm), let's see what the Financial Blogging Community has been talking about:
- Preet at WhereDoesAllMyMoneyGo is celebrating his second anniversary with a Massive Giveaway Contest, which I am getting into, by making this link. I like free stuff and I think I deserve it too!
- Michael James points out that the phrase "Close only counts in hand grenades and thermonuclear devices", can also be extended to Lottery Winnings.
- Larry MacDonald reviews an interesting sounding book in Contrarian Finances and Investing, always interesting if you take a contrary position to the mob.
- Canadian Financial DIY talks about Inflation For Retired Canadians - Some Surprises, and he knows of what he speaks being one (almost).
Have a great weekend. Here in Ottawa, there is more rain. At least my grass is green. Or maybe it's seaweed. I can't tell any more.
A bit late but thanks for the mention!
Thanks for the mention. Have a great weekend!