It looks at this point as if the Europeans may have gotten their act together (for the moment). I choose to take joy from small victories.
However, I am not confident in our own government. They are talking the same way they were talking in late 2008, as if everything is normal and deficit fighting is job one. People forget that the one and only reason the Harperites changed their minds about stimulus the first time round was because the opposition held a gun to their heads. Well, the opposition have no bullets this time. The Harperites are in absolute control. If they stay on their present course and we do head into a recession, Canadians will suffer needlessly. I am not hopeful that the Harperites will give up on their deficit mania. It is imprinted in their DNA and no one can stop them. It is going to be a very bad few years (of blaming teachers, doctors, and civil servants for the world's ills).
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