In 1990, Canadians owed 85 cents for every dollar of annual disposable income. Today that number has grown to a record $1.63. Meanwhile, Canadians are saving just 3.6% of their incomes today – a drop from 12% in 1990. Rising household debt levels have some sounding the alarm.
Read More »Where Does Your Country Rank Among the Top 25 In Global Manufacturing Cost Competitiveness?
Change in wages, productivity, energy costs & currency values are dramatically redrawing the map of global manufacturing cost competitiveness. The new map will surprise you.
Read More »Look At What’s Happening In China These Days
Here's everything you need to know what's happening in the single most underestimated, misunderstood, and perpetually disrespected country on earth - China.
Read More »Potential for Serious Crisis Exists – Here’s How To Protect Your Wealth (2K Views)
For a host of disparate reasons – ranging from geopolitical tensions and currency wars to gargantuan unpayable debt and other macro-economic fundamentals – we believe the entire interconnected global economic, financial and monetary systems to be extremely fragile. Check out this time-honored function of protecting wealth.
Read More »Head’s Up! A Perfect “Financial” Storm May Be Developing (+2K Views)
In the financial world at this very moment, we have 8 different "weather systems" that are all developing in real time. If several of the more powerful components were to converge – and reinforce each other – then we could very rapidly reach the point of greatest financial instability that the world has seen since 2008.
Read More »Should We Fear a Fed Interest Rate Hike At This Point?
The Federal Reserve lifts interest rates to slow economic growth and quell inflationary pressures. Currently, though, there's little evidence of inflationary pressures outside of financial asset prices, and economic growth is weak to say the least, so should we fear a Fed rate hike at this point? This article has the answer. Invest accordingly.
Read More »The Next Major U.S. Economic Downturn Is Dead Ahead – Here Are 16 Reasons Why (+2K Views)
There are many out there (including myself) that believe that the next major economic downturn is dead ahead. As you will see in this article, a whole bunch of things are happening right now that we would expect to see if a recession was beginning.
Read More »Level of World Financial Market Complacency Is Downright Astounding – Even Stupid! Here’s Why
The level of complacency in world financial markets is downright astounding - even stupid - and only an eventual thundering crash of the system will bring the madness to an end.
Read More »Majority of Americans Engaging in Irrational Wishful Thinking About Economy! Here’s Why
There is certainly something to be said for being positive and thinking that anything is possible and, as Americans, optimism seems to come naturally for us. When we deny reality and engage in irrational wishful thinking, we are engaging in something called “hopium” - the irrational belief that, despite all evidence to the contrary, things will turn out for the best.
Read More »Is An Economic Crash Coming Soon? These Analysts Think So – Here’s Why (+3K Views)
Dozens of “analysts are convinced that the U.S. economy is going to hell in a hand basket – and soon. How sound are their analyses of the current economic situation? Will they be proven to be very insightful or nothing less than fear mongers looking for attention? Their views are all here. You be the judge.
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