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W5 investigates ‘massive’ money laundering in Canada
Illegal money flows in Canada have inflated property prices and profits for insiders in gambling, luxury retail, the realty sector and lenders, while costing Canadians greatly in terms of unaffordable home prices, related household debt, increased crime and lost tax … Continue reading
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Downside for economy, equities and corporate debt likely in 2019
In a report last week, Societe Generale analysts warned that a historically reliable indicator suggests a US recession is probably close at hand with commensurate declines in corporate security prices. News articles on US economic strength as a percentage of all … Continue reading
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The compounding cost of financial sales
This discussion on how our credit-worthiness is assessed by the banks should also make us reflect on how they and other product sales firms view our savings as their profit center and structure their ‘financial advice’ accordingly. North Americans have … Continue reading
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