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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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