The GS folks take a unique and informative approach: they compare
a spate of economic indicators in the US to the «Big Five» advanced economy financial crises (taken from the work of Carmen Reinhart and Kenneth Rogoff) as well as to the 2008 European crisis economies.
At a press conference later, Poloz dismissed a
spate of disappointing
economic indicators, and he shrugged off a question about the slide
of oil prices to below $ 38 (US) per barrel.