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Daily Archives: March 10, 2016
Canada the indebted
Canada’s total reported consumer debt recently hit an even higher high at $1.621 trillion up from $1.529 trillion a year ago. And a study released today by Equifax Canada finds that Albertans have the highest average debt load in the … Continue reading
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‘Genius’ fails again: this time it’s subprime commercial loans
As I was explaining here this week in Real estate investment products: another ‘big short?’, thanks to capital and fund managers desperate for yield the past 5 years, along with underwriters paid to package loans into securities and sell them … Continue reading
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Want jobs? Stop using bank deposits for wasteful speculation
Asher Edelman, founder of Edelman Artz and former CEO and Trustee, discusses his views on the U.S. economy which he feels is in recession. Also, insight to his investment strategy. Here is a direct video link. And all that nonsense … Continue reading
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