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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
Daily Archives: March 19, 2019
Successful nations don’t eat their young
A recent survey finds that 37% of 2018 insolvencies in Ontario involved millennials (born 1981 to 1996), up from 35% in 2017. Trustees in bankruptcy note that predatory Payday Loans and student debt are the biggest financial scourge impeding millennials today. … Continue reading
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VW moving from emissions fraudster to EV leader
In 2015 it was revealed that Volkswagen (along with many other manufacturers) had been cheating emissions standards in its diesel vehicles. To date, the fraud has cost the company over 27 billion euros in penalties and fines, as well as … Continue reading
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