Canadian Exports Collapse, Expect Plunge in GDP; China Factor; US Recession Factor

Canadian Exports Collapse, Expect Plunge in GDP; China Factor; US Recession Factor

by noreply@blogger.com (Mike Mish Shedlock)

All major Canadian exports including energy, autos, agriculture, forest products and machinery-and-equipment collapsed in the latest report. Canadian analysts are shocked by the news.

I sure am not.

For my reason, look at happenings in China, a huge recession in Europe, and even a recession in the US that surprisingly few have even figured out yet.http://globaleconomicanalysis.blogspot.com/2012/09/canadian-exports-collapse-expect-plunge.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29