Category Archives: Main Page

Lessons on Canada’s “basket case” moment in 1994

Good perspective for all of us on how to work off a debt crisis:  cut overhead, cut spending, direct earnings to pay down debt.  See the story on Canada’s brush with its debt downgrade in 1994:  Insight:  Lessons for US [and the … Continue reading →

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Euro Zone pressures escalate

With stock markets bouncing for a second day off the latest leg of November losses, the credit markets continue to signal red alert.   Good discussion on why the euro zone is facing a region-wide credit crunch, which could trigger further downgrades and undermine global consumption, … Continue reading →

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BNN Monday 7am ET

The last time I was on BNN was last November when I said that QE2 was a farce that was unduly pumping up stock prices and was a recipe for losses likely to harm investors once the economy weakened again.  I was not asked back … Continue reading →

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