Making Money out of Money

Yesterday, the last day of August, 2017 there was apparent jubilance about Canada’s above estimates GDP  resulting  from the highest first and second quarters since 2002. In the days preceding this great GDP feat Canada’s major banks have been reporting stellar earnings some raising dividends and one bank purchasing the ACC, Air Canada Centre and … More Making Money out of Money

a global financial crisis?

  Today May 9, 2016,  Mr. Trump was reported to have explained that getting creditors to take less meant paying off loans to creditors in today’s interest rates if rates go higher than they are now. ( I wonder if that would prevent the global crisis?) I published the quotation that follows during the height of the U.S. … More a global financial crisis?