This week, Finance Minister Chrystia Freeland said Canada is locked in a “vibe-cession.” The country is suffering from any number of materially bad economic indicators, from falling per-capita GDP to rising unemployment, but Freeland offered that this is all a case of bad “vibes”: Canadians feel bad, which is curbing their spending, which is prompting an artificial recession.

'As a finance minister, it can be easy to get too caught up in a bubble of numbers and indicators and lose touch'{ai:summary}Canada's Finance Minister Chrystia Freeland described the country's economic downturn as a "vibe-cession," attributing it to negative sentiments among Canadians rather than concrete economic issues. Despite indicators like falling GDP and rising unemployment, she suggests that poor feelings are impacting consumer spending.This perspective raises questions about the relationship between sentiment and economic performance, as Canadians grapple with real financial challenges. #economy

Tackling the vibe-cession, vibe-crisis, vibe-crime-wave: The imagined thoughts of Chrystia Freeland

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