New letter published in the Georgia Straight
I’m pleasantly surprised that the Vancouver’s largest newspaper by circulation featured my letter to the editor in their latest edition. I hope that it stimulates conversation over Christmas:(Article was edited, I agree with all edits)
My sources:
Recession Announcement
Columnist Gwynne Dyer needs to face financial realities
Although you are not a financial-news publication, your columnist Gwynne Dyer has provided truly dangerous and inaccurate information about the Canadian economy…Gwynne again tries his hand at feeding the sheep false economic fairy tales [“Small earthquake in Canada; not many hurt”, December 11-18], that “the economy is still growing” when, in fact, the Bank of Canada announced December 9 that Canada is entering a recession, indicating a contracting economy.
He also noted that “Canada is not in an economic crisis.” When are you planning to tell us there is an economic crisis, Gwynne? When we see food shortages and riots? While many were caught up in the coalition circus, our banks were bailed out, dumping $32 billion of unwanted “other” assets to us, the taxpayers, through the BoC balance sheet.
We are in the middle stages of a collapsing confidence game that relies on uninformed citizens and denial to survive. Backtrack to previous headlines denying economic problems such as a recession in Canada to see where we are headed: a global depression.
Instead of having your syndicated columnist collecting his cheque regurgitating quotes from the sellers of the confidence game, your readers would be much better prepared by reading about issues such as inflation, deflation, currency devaluation, and the BoC. Believe it or not, these issues are not a whole lifetime away now, as the U.S. situation will merely creep north very soon.
> Aaron Ford / Vancouver
