Monday 5 November 2012

53. The fiscal cliff - a wake up alarm

Since posts 45 and 46,policymakers finally expressed alarm about the fiscal cliff. In Mexico City on Sunday, finance ministers of G20 called the fiscal cliff the biggest danger to the world economy (although some were more worried about the Eurozone crisis).
Jim Flaherty, our Finance minister, said the fiscal cliff is the biggest danger to the Canadian economy

You heard it here first (about the danger of the fiscal cliff) .

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