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Monthly Archives: May 2019
Understanding generational pain and how to ease it
Longer life expectancy as well as years of overspending and debt accumulation along with two decades of precarious financial markets, and lower-than-average income yields, are prompting Baby Boomers (age 73 to 55) to stay in the workforce longer than past … Continue reading
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Loose lending standards are the cancer not the cure
The Bank of Canada (BOC) last week flagged the fragile nature of highly indebted Canadian households and said 42% of households would struggle to refinance their mortgage if home prices fall 20%. While mortgage and real estate brokers are calling … Continue reading
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Australia leads Canada in mean reversion of household leverage bubble
Seeing reality and recognizing self-destructive behaviour in others is usually easier than seeing our own. Canadians have an opportunity for objectivity in observing Australia. Many similar factors are weighing down the Australian and Canadian economies today as their shared 2001-2011 … Continue reading
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