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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: May 6, 2019
‘Easy money’ now exacting payment from Canadian economy
Extremely inflated pricing in Canadian real estate has led to affordability strain for most of the population around major urban areas. We should not be surprised to see social unrest and demands for higher property taxes over the months ahead. … Continue reading
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BC AG on money laundering in Canada
As we think about these issues, it’s important to appreciate that money laundering costs civil society in many ways including the support and prevalence of criminal organizations/activities, lost tax revenues, as well as elevated property prices causing regular households to … Continue reading
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