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Monthly Archives: December 2016
More debt, bubbles and misplaced confidence: “thanks Donald!”
Before the election, Trump warned that the stock market was in a Fed created bubble and was heading for a big crash, now he is tweeting that prices have risen another 10% and it is all thanks to him! The … Continue reading
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Young and old debilitated by debt-dependent education model
This is what happens when a system becomes all about enriching executives and lenders, and leaves the rest of the population dependent on debt to try and stay afloat. The cost to the economy in lost savings, investment and spending … Continue reading
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Rising foreclosures in Alberta: a cautionary tale for indebted Canada
Alberta and Saskatchewan are the only two Canadian provinces that allow underwater homeowners to leave keys for the bank and “walk away” from their mortgage obligations without further recourse or damage to their credit rating. But this option is not … Continue reading
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