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Category Archives: Main Page
Pandemic upside: eating more fresh veg and less packaged food
A study from the University of Antwerp, Belgium surveyed 11,000 shoppers in 11 different countries, including Canada, and found that during the pandemic shutdown shoppers have cut spending on ready-made meals and snacks, are cooking more of their own food … Continue reading
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Excess consumption is the other disease that plagues us
Thirty years of progressively higher consumer spending and debt have coincided with rising corporate profits, low savings rates, gambling preoccupation and boom-bust asset cycles. All were deleterious to present resilience as we encounter the first economic depression since the 1930s. … Continue reading
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Cash used for share buybacks can be clawed back
As I have mentioned many times, in recent years public corporations have squandered trillions in cash on stock buybacks (deemed illegal until 1982) at the expense of their balance sheet strength and cash reserves for unexpected events (which always happen). … Continue reading
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