Today’s Economic Downturn is just Another Excuse…
10/16/2020 5:57 AMTo ignore that a weak economy hurts low income families the most. And despite the fact that economic growth is the best remedy for poverty many in politics continue to work hard against...
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Schachter’s Eye on Energy – Oct. 15th
10/15/2020 12:44 PMJosef is concerned about new Coronavirus Outbreaks and lockdowns in Europe and how they diminish energy demand. As well as how a new OPEC price war is now more than likely. Key support now US$36.63/b. Each week Josef Schachter will give you his insights into global...
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“No Questions Allowed” Has Serious Consequences
10/15/2020 6:18 AMDon't question the prevailing accepted narrative is increasingly the norm. Despite the fact that all progress and innovation is rooted in questioning the status...
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Banks Are Getting Rich On Pandemic Overdrafts
10/14/2020 9:35 AMAmerica’s big banks make more than $11 billion worth of overdraft and related fees every year, and 2020 could break even more records due to the uncertainty caused by the pandemic. They’re counting on customers being disorganized, strapped for cash--or both. But now,...
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Is the Debt Sustainable
10/14/2020 6:18 AMMaybe. The former Head of the Bank of Canada, Stephen Poloz, says it depends on what the borrowed money's spent on. Hint: sending cheques to just about everyone won't do...
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Covid-19 Storm Surges Sales Inside of the Greater Vancouver Housing Market
10/13/2020 12:51 PMHighs sale numbers and increased prices come as a relief to many homeowners looking to exit the Greater Vancouver market during September 2020. Entry level markets have seen near term highs in prices while the higher end market has begun sell albeit at much lower than...
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The K-Shaped Recovery. A “V” For Some, Not For Most.
10/13/2020 12:39 PMEconomists have come up with every variation of applying a letter of the alphabet to the economic recovery. Whether it’s an “L,” a “W” or a “V,” there is a letter that suits your view. But what is a “K”-shaped recovery? Take a closer look at the letter “K.” It’s a...
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Credit Card Debt Plummets Amid COVID
10/13/2020 12:34 PMA painfully slow economic recovery and elevated unemployment, combined with an abrupt end to government aid and no new stimulus in sight has Americans cutwith the end of government’s aid, has caused Americans to significantly cut back on their borrowing. According to...
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Seems To Be a Lot of Questions About the Pandemic Lockdown
10/13/2020 9:26 AMThe World Health Organization Special Envoy for COVID-19, Dr. David Nabarro, just stated that the WHO doesn't support lockdowns as the primary tool to fight COVID-19. (Photo:...
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An Unpopular Question
10/12/2020 7:29 AMI know people love getting a freebie from government but before we borrowed even more money - isn't it past time we started making sure the recipients were hurt by the...
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