Flat line in the US economy
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Flat Line in the US economy
The article "Markets Await Third-Quarter Earnings Report Amid U.S. Economic Trouble" highlights the current economic situation in the United States and how this situation affects the economy of Canada.
This article suggests that a lack of job creation in the U.S. and high energy prices have caused problems for the U.S. economy and that these problems have benefited the Canadian economy by causing the value of the Canadian dollar to rise.
The main problem the US is facing today is the lack of job creation. This lack of jobs impedes the flow of money, because the people spend less money than if they had a job, so the production keeps on going but the sales go down and the cycle that money has to have is stopped...