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Continued economic recession and TPP will
make Canadian economy more badly
Frank Feb. 4, 2016, in Waterloo, Ontario
In Canada, businesses are in closing, jobs are losing, and the prices of daily necessity are soaring. It has no sign the poor situation will be improved in a shorter time.
People put hope on the recovery of world economy, but, I deeply believed that World economy will continue in recession due to that overdeveloped financial economy is still plundering real economy of those what industrious people hard made. The plunders have made the profit margin of manufacturing too narrow to be continued.
Even so, the creator of the financial disaster even actually took own crimes as achievement to show off in World Economic Forum, and publicly declare the next targets of attack.
Few people have realized that the most terrible warfare is not in the Desert Storm, nor in hanged Saddam Hussein, but in financial field. Some country has been using financial tools as scissors shearing from other countries.
This is a man-made irrational world.
Feb. 01, 2016, Canada is about to sign the Pacific trade deal. What next? Geist: Later this week, the 12 countries that make up the Trans Pacific Partnership, a massive global trade deal that includes Canada, the United States and Japan, will gather in New Zealand to formally sign the agreement.
Many Canadian politicians and social elites are cheering and waiting broader free trade market - TPP. However, they seem never realize that – a more free trade market means more intense competition, low productivity Canada made expensive products will be doomed to play as a looser in the more free competition.
Canadians should give up negative waiting in putting own hope on other country, but, to join hands to make own way out.
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