Uh. Oh, high oil prices=recession
well maybe - but not neccessarily. See my blog for the bnn site at http://www.bnn.ca/Blogs/2011/01/07/Match-made-in-heaven-Oil-prices-and-US-recessions.aspx...
well maybe - but not neccessarily. See my blog for the bnn site at http://www.bnn.ca/Blogs/2011/01/07/Match-made-in-heaven-Oil-prices-and-US-recessions.aspx...
I like offbeat economic indicators - the number of boats or RVs sold, what colors are in the crayon box, etc. etc. A lot of time they tell you what is going on just as well as some of the stuffier stuff (y'know, GDP and all that) that we all track every day. So I was glad to see the U.S. Census Bureau release their survey of 'movers' - people shifting households.
The recession has taken what was more or less an nicely operational system, and created an absolute mess, a jobs situation without enough jobs and with years to go before we get to anything you could call 'normal'....
I was going to write something very business-like about the Olympics, something about the returns to invesment for Vancouver or Canada or something like that. On second thought, though, at this point I'd don't know that anyone can really do justice to the topic without...