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Monthly Archives: April 2019
Why the economy is not working for most
Financialization, share buybacks, the shareholder primacy mindset, decades of tax cuts and government bailouts for ‘too big to fail’ companies, have all worked to socialize costs and subsidize a tiny fraction of the population at the expense of the rest. … Continue reading
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‘Piggybank empty’ for tapped out Canadian homeowners
Canadian insolvencies are on the rise as their debt comes home to roost. For more on this and why the piggybank is empty for some Canadians looking to borrow against their home, BNN Bloomberg spoke with Keith Emery, operations director … Continue reading
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The Current looks at the cost of rampant money laundering in Canada
Not only are drug traffickers and other criminals enabled, and needed tax revenues avoided, but investigators confirm that money laundering flows have been a significant factor driving up the price of real estate and related services (and thus the debt … Continue reading
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