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Category Archives: Main Page
Worried Bank of Australia cuts rates 50bps, most since 2001 and 2009
Australia has domestic challenges like Canada with an obscenely valued housing market, over-indebted consumers and a strong dollar pushing down on weakening exports. For these reasons slowing global growth presents serious downside risks for the Australian economy. Fortunately, they had … Continue reading
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Trillion student debt: systemic drag on spending
The past several years, as western jobs have migrated overseas and vanished due to technological advancements, more people have continued in school– some for further training and some for lack of direction or ideas about what else to do with … Continue reading
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More lies revealed: Canadian banks needed big taxpayer bailouts in 2008
“Canada’s banking system is often lauded for being one of the world’s safest. But an analysis by CCPA senior economist David Macdonald found that Canada’s major lenders were in a far worse position during the downturn than has ever been … Continue reading
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