* 'Perfect storm' engulfing Canada's economy perfectly predictable

03/08/15
Author: 
Andrew Nikiforuk
That's one dark perfect storm. Oil rig photo via Shutterstock.

Economists, an irrational tribe of short-sighted mathematicians, are now calling Canada's declining economic fortunes "a perfect storm."

It seems to be the only weather that complex market economies generate these days, or maybe such things are just another face of globalization.

In any case, economists now But this unique perfect storm gets darker. China, which Harperites eagerly embraced as the globe's autocratic growth locomotive, has run out of steam.

<a data-cke-saved-href="http://siepr.stanford.edu/?q=/system/files/shared/pubs/papers/briefs/Pol..." href="http://siepr.stanford.edu/?q=/system/files/shared/pubs/papers/briefs/Pol..." http:="" business.financialpost.com="" news="" economy="" canadas-trade-deficit-widens-as-oil-shock-keeps-reverberating"="" style="color: rgb(102, 102, 0); text-decoration: none; border-width: 0px 0px 1px; border-bottom-style: dotted; border-bottom-color: rgb(102, 102, 0); padding-bottom: 1px;">As the country's notorious industrial revolution unwinds, China's stock market has imploded. Communist party cadres are now moving their money to foreign housing markets in places like Vancouver.