No, I don't think it was a Chinese stock market crash,
but yes, it was a big drop which did affect the economies of the whole
world, especially those of the resources-based exporting countries like
Australia and Canada.
China's economy is slowing down. It doesn't want
to buy your coal and oil, so what you gonna do? Even with the slow down,
China's economic growth is still 7% more or less, an envy of many
countries.
How well has Canada been
doing economically? Not very well, but not very bad either. Election is on, so if you
ask the leaders running for the Prime Minister's office, you'll certainly get
different political answers. Tom Mulcair of the New Democratic Party (NDP) and Justin Trudeau
of the Liberal Party (LP) will tell you that Stephen Harper of the Conservative Party (CP) sucks, but of course Stephen
Harper will tell you that he's been doing a great job and you should continue
to let him be your prime minister.
The world economy is a big monster.
Nobody is able to manage it alone. We should rather focus on our own
personal economy, our own finances, to maintain and improve our
' financial health '.
Tuesday, August 25, 2015
Chinese Stock Market Crash ?
Labels:
Australia,
Canada,
CP,
economics,
economy,
election,
finance,
finances,
Justin Trudeau,
LP,
NDP,
prime minister,
Stephen Harper,
stock,
stock market,
Tom Mulcair
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment