Tuesday, June 30, 2009

Recession? Depression? Hyperbole?


I don't really believe we are in a recession, much less a depression. In neighbourhoods across Toronto, restaurants appear to be as busy as they usually are this time of year.

The late 80s early 90s recession made Toronto look like a ghost town. This one, apart from a few brokers bitching to each other on the Rosedale bus, feels like it either isn't going to hit, or hasn't really hit yet.

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