As the Central Banks step up with hundreds of billions of dollars to keep interest rates down and the credit markets functioning – what should you do.
Mike got his first letter of apology from a former “hater” who now understand that the major themes on MoneyTalks from pension to credit problems to the downturn in the markets. Mike hints at where the big risk for individuals is now.
This isn’t hype – we’re not overselling it. What’s going on in the short term lending markets is literally the biggest, most important financial story since the 2008 subprime mortgage crisis – and no one’s talking about it. Please share it with friends.
Many cheered when billions in capital investment and potential government revenue left Canada. How does that look now in the face of the potential financial fallout of the novel corona virus because it won’t be the last financial shock.
The dramatic stock market sell-off is the 2nd big warning on the coming liquidity crisis. Most won’t believe it – most won’t prepare for it – and will end up in serious financial trouble.
Finally – arguably the biggest myth pushed by anti-pipeline opponents has been exposed. They won’t like it but it’s changed the debate.