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Daily Archives: May 5, 2020
The great deferral period: calm before the bankruptcy storm
In March, when COVID-19 shutdowns were just starting, 46% of Canadians polled said they were on the brink of insolvency and less than $200 away from not being able to pay all their bills each month (MNP by Ipsos). Since … Continue reading
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MACROVoices: Lacy Hunt on the 2020 recession and deflationary aftermath
Hoisington Management’s economist Dr. Lacy Hunt’s segment starts at 22 minutes on the playbar and is worth a mull. The net result of higher debt and monetary manipulation is retarded growth for a very long period of time. We are … Continue reading
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