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Monthly Archives: February 2017
Financial crisis resurfacing as global deficits and debts explode
Since 2008, all over the world, banks have been given constant injections of ‘free’ money from governments (taxpayers) which they then place on deposit with central banks to collect interest for doing nothing. They have used the ‘liquidity’ to pay … Continue reading
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Nightmare on Main Street: average Canadian home price now $590k
As Toronto speculators gobble up supply, some industry ‘players’ are calling on government to remove part of the Ontario Greenbelt to free up more land. This is a nightmare on pretty much every level. (Also see: Millennials may never get … Continue reading
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Stark truth about financial risk: individuals are ‘too little to save’
As self-absorbed, myopic bankers have destroyed the global financial system, they have co-opted the public purse and urged the rest of us to buy more risk in the hopes of breaking even. What these risk sellers don’t acknowledge however, is … Continue reading
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