OTTAWA, Sept. 24, 2011 /CNW/ - Global Economy Early Warning System
(GEEWS) unit issued a RED ALERT warning for possible overall global
deflation as early as late March 2012.
GEEWS warning is based on the fact that G8 nations chose austerity
instead of growth as an option. Such choice affected the middle class
spending and SME's employment ability. Spending focus shifted to
basics. Consumer habits changed also, leading to slowdown in trade and
The Eurozone troubles and cash crunch in major banks have affected
personal and business loans in global scale. Further deterioration is
US home startups and prices may be soon.
Stock markets, commodity pricing and currency exchange rates shall all
remain volatile for prolonged periods of time. Investment should be
exercised at investors' own judgment and risk.
2012 deflation is worse than 2008 crisis, but it is not a direct result
to that crisis. The forthcoming crisis is made by wrong measures and
deliberate choices to put brakes on global economic growth by G8
governments. Despite the positive impact of such measures in short term
basis, the long-term effects are deep and bad.
GEEWS accuracy record is higher than 95% and the average lead-time is
SOURCE Canada Business Holdings Inc.
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