Write For Us

Could a post-pandemic Canada lead to another Roaring '20s?

Sponsored Post Vitamin D2 Canada Persia
84 Views
Published
The roaring 20s swept across America after the deadly 1918 flu pandemic – the similarities then and now are striking.

Technological advances were drastically changing people's lives, the stock market was soaring and people were ready to cut-loose and spend money.

Canadians have been saving like never before. Collectively we've stockpiled $200 billion's worth with a lot of that finding its way into the stock market and to pay down debt or to renovate or buy homes, but economists estimate there's over $100 billion just waiting to be spent.

But supply chain experts say headaches are in store. A flurry of shoppers may mean shortages and economists warn if shoppers are spooked by higher prices they may rush out to buy goods before prices skyrocket, creating shortages and stoking inflation.

Anne Gaviola reports.

MORE: https://globalnews.ca/news/7724581/pandemic-covid-cda-third-wave/

For more info, please go to http://www.globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #COVID #Coronavirus
Category
U.S. & Canada
Tags
COVID-19, corona virus, coronavirus update
Sign in or sign up to post comments.
Be the first to comment