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Daily Archives: December 12, 2014
Skilled workers wanted
Over the next 15 years, as populations continue to age and retire, bargaining power will increase for the smaller pool of skilled workers coming after the boomers. It sounds counterintuitive, but by 2030, many of the world’s largest economies will … Continue reading
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High debt and over-valued housing haunt Canada
As oil revenues recede and jobs wobble, over-indebted Canadian households are extremely vulnerable. No wonder CMHC is downsizing, and Canadian bank shares (hideously over-valued) are falling… Consumer debt loads and house prices that could be as much as 30 per … Continue reading
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Captured Congress still at Wall Street’s bidding
So long as investment banks remain the bit in the government’s mouth, we will struggle to get the real economy back on a constructive, sustainable path. We the people, will continue to be bankrupted by reckless risk-seekers backed by the … Continue reading
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