Two news stories published this weekend help to show that Wenzel is not alone in worrying about an impending housing crash and recession in the United States, although analysts differ on the extent that it will affect Canada. Check out the following stories, but notice that our economic picture attempted to include the impact of the energy market on the U.S. - we keep hearing rumours that American oil companies are being threatened by the Chinese, something that the BBC reported this weekend too.
"Will it be a crash or a soft landing?"
"Canadian bank raises warning of U.S. recession"
"Chad orders foreign firms out"
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