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Mortgage debt in Canada is close to 70% of GDP, not far from the peak in the US before it all went wrong.
    The Long View – Rates, GDP & Challenges
Mar 23, 2017 - 11:39:09 PDT
the fact that the globe is awash in deflation, caused by weak economic output & exceedingly low levels of monetary velocity, there is no pressure to push rates higher.
Investors are taking patterns on the very long term charts very serious. If a very obvious & important pattern unfolds on a +10 year chart, it is wise not to ignore it.
    Canadian Banks Could Be In Deep Trouble
Mar 23, 2017 - 11:31:38 PDT
Key concerns stand out, which if unaddressed, could spark solvency and liquidity issues in one or more of Canada’s Big Six banks.
    With Sears' Future in Doubt, Vendors Begin Pulling Back
Mar 23, 2017 - 11:12:30 PDT
Suppliers to Sears are doubling down on defensive measures, such as reducing shipments & asking for better payment terms, to protect against the risk of nonpayment
    UBS Charges Customers to Deposit Euros
Mar 23, 2017 - 10:20:41 PDT
Banks' profits have been hit by the European Central Bank's policy of stimulating growth through negative interest rates and increased liquidity.
    It's Time to Dump Most Central Banks
Mar 23, 2017 - 10:14:48 PDT
Countries should dump their central banks and local currencies.
Crypto earnings reporting is about to get simpler in the US thanks to a dedicated tool which should automatically calculate gains.
G20 countries have officially recognized the positive benefits of Blockchain technology in a communique on global economic cooperation.
The SEC’s new rules are designed to reduce money-market funds’ vulnerability to destabilizing runs.
    Celebrating Murray!
Mar 23, 2017 - 10:05:00 PDT
35 years ago, I was worried. I was working at a free-market think tank at a university, and I could see that Austrian economics was becoming less and less influential.
    Legislative Proposals for Fostering Transparency
Mar 23, 2017 - 09:53:01 PDT
Members will discuss legislation that fosters government openness by subjecting federal entities and federally owned government-sponsored entities to more transparent measures.
"The problem of the last three decades is not the 'vicissitudes of the marketplace,' but rather deliberate actions by the government to redistribute income from the rest of us to the one percent. This pattern of government action shows up in all areas of government policy."
    Central Banks Losing Credibility Fast
Mar 23, 2017 - 08:59:08 PDT
The last two weeks have been extremely fascinating to watch as two of the world’s most powerful central banks showed themselves to be naked before the world
    San Francisco Median Home Price Now over $1.3 Million
Mar 23, 2017 - 08:34:17 PDT
Basic home at this price range will get you 800 square feet.
Based on data we received from Experian, we discovered that 73% of American consumers had outstanding debt when they passed away.
    A Visual Record of Venezuela's Collapse
Mar 23, 2017 - 08:14:16 PDT
Over the last four years, as Venezuela descended into economic and social chaos,
The Central Intelligence Agency has been bugging “factory fresh” iPhones since at least 2008.
    American Health Care Act Updates: Live Blog
Mar 23, 2017 - 07:43:10 PDT
President Trump and House Speaker Paul Ryan continue their last-minute push on Thursday to inch the American Health Care Act – Ryan’s vaunted ObamaCare replacement – over the finish line.
    Vote Looming, Trump Struggles to Win Obamacare Repeal
Mar 23, 2017 - 07:33:59 PDT
U.S. President Donald Trump on Thursday was set to make a final push on Thursday to secure the votes to begin dismantling Obamacare in the House of Representatives, with signs that enough Republicans might defect to jeopardize one of his top legislative priorities.