Thursday , 20 February 2020


Economy

Is Canada Highly Susceptible To A Financial Crisis? Perhaps But Not Likely – Here’s Why

Canadian households are heavily leveraged and with their level of debt in proportion to income now hovering at record levels, they are vulnerable to a range of economic shocks that could create a financial crisis. I am of the opinion, however, that the range of variables at play discussed in this article would mitigate any possibility of a meltdown of Canada's financial system. Let me explain.

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Important Facts & Figures About the U. S. Economy. Take a Look.

We are confronted with so much information through the media and the internet that finding and processing relevant information has become quite a challenge. To remedy the situation, in part, below is an infographic that illustrates the most important facts and figures about the U. S. economy. Take a look.

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Bank of Canada Has Exacerbated Canada’s Majestic Housing Bubble

The Bank of Canada took a good look at the Canadian economy, saw it was sinking into the mire, glanced at the collapsed prices of commodities, particularly oil, saw how they were wreaking havoc in Canada, and then looked at the global economy, particularly at China and the US, and freaked out with the realization (acknowledgement) that things are heading south FAST.

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These 23 Countries (+ Greece) Are Also Facing a Full-blown Debt Crisis

An unprecedented global debt bomb threatens to explode at any moment. 24 nations are currently facing a full-blown debt crisis, and there are 14 more that are rapidly heading toward one. The only “solution” under our current system is to kick the can down the road for as long as we can until this colossal debt pyramid finally collapses in upon itself and when it does it will be unlike anything that we have ever seen before.

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10 Charts Showing Tenuous U.S. Economic Situation

Our economic situation is vastly misunderstood and the future adverse consequences of this misunderstanding can not be understated. To highlight the tenuous situation I present below 10 charts on the economy that highlight the "atypical" nature of our economic situation a full 73 months after the official June 2009 end of the recession. To say there is much “on the line” here would be a complete understatement.

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Canada Has Devalued Its Dollar (Loonie) Again – Why? (+2K Views)

The Bank of Canada has cut its overnight rate for the second time in the last six months - to 0.5% - and the Canadian dollar has reacted as expected, [indeed, as intended,] putting the Canadian dollar at a six-year low in terms of dollars (-10.2%) and pound sterling (-10.4%). So why the rate cuts and competitive devaluation?

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Canadian Real Estate Due For Significant Correction – Here’s Why

Canada's real estate market has started to look eerily similar to the conditions that were present before the United States' real estate crash...This article reviews the data to compare the Canadian real estate values to the U.S. real estate market, to suggest why the Canadian real estate market is due for a significant correction.

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