Saturday, April 16, 2016

Global Economy Still Fragile - Poloz Says

"The world continues to have plenty of capacity to disappoint us ...... The list is as long as your arm." Bank of Canada Governor Stephen Poloz

A Canadian Press report states: Eight years after the financial crisis, the Bank of Canada governor believes much of the pressure that pushed the world toward a second Great Depression remains present — and that central banks need help to ease it.


Help — like increased spending, a Trudeau government hallmark that Poloz happens to believe is necessary to help policy-makers like himself grapple with the negative effects of the still-fragile global economy, he told The Canadian Press in an interview.

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