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GDP is actually negative if you use a microscope to calculate the numbers for July GDP in Canada according to STATSCAN this morning.
Thus, the economy went negative in July. This is going to be tough to figure out, but since the CANADIAN $ was so high I would suspect that Canada is back in recession, which should end by late 2010. So much for all those Real Estate salesreps who keep pushing and not facing the truth. This marks an important junction. Rating :
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