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    On July 27, 2018, CCPA Senior Researcher Kate McInturff passed away. The CCPA mourns the devastating loss of our colleague and friend. Kate will be remembered as a feminist trailblazer in public policy and gender-based research. Our hearts go out to her family. Kate’s colleagues, collaborators, and countless organizations across Canada are stronger because of her […]
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    Canadian Centre for Policy Alternatives
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    Canadian Centre for Policy Alternatives
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The Progressive Economics Forum

Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015

Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.”

The post is available here.

Enjoy and share:

Comments

Comment from fjf
Time: February 11, 2015, 5:51 am

Points 6 and 9 are in conflict.

Despite all the ra-ra-ra the US economy continues to slow. The oil industry has been the sole growth sector over the past few years. It has recently reduced CAPEX by several trillion dollars and the number of layoffs is in the thousands and continues to grow. Halliburton just announced it will cut over 6,000 jobs.

Since these are well paid jobs the multiplier effect is significant. I lived through the 1986 oil price collapse which was also due to KSA undertaking similar attempts to drive competition from the market. The outcomes were largely unremarked in the press at teh time but they were not pretty.

Also see my comment on Angela’s oil price post. The future gets worse.

Cheers!

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