Personal Debt on a Canadian level & Mass Denial

As an average number, most Canadians have a personal debt of about $26,000. This does NOT include mortgages. With mortgage debt that number climbs to a staggering $114,000 per borrower. In more absolute breakdown terms, fully 70% of Canadians are in the red with debt and have ZERO net savings. The following graph shows that only 30% of Canadians have no debt, however that is probably the most optimistic number out there. The actual number of Canadians who are debt-free is likely much, much lower. Unknown Date I'm guessing these [...]

2013-04-19T14:54:37-06:00April 2nd, 2012|Political Economy|

Portfolio & Investment/Stock Management Software Analysis

Portfolio & Investment/Stock Management Software Analysis I am looking for the best software in order to manage a portfolio. Stocks, Bonds, Cash, Real Estate, Investments, general Assets and more. I am also looking for a second more robust piece of software that just focuses on stocks. Although most of the portfolio based software programs appear to do some rudimentary based stock analysis. Holistic Portfolio based: Web-based: Best Article yet by 2FatDads comparing on-line portfolio managers. They concluded these 4 [...]

2018-06-13T23:45:57-06:00March 28th, 2012|Political Economy|

The Case for Deflation and how to prepare for it

This post is a continuation from my last post on Debt and the Future state of the Global Economy. That post outlined using hard numbers the very grave danger were in. This post will outline strategies on how to prepare for what is likely to come based on a model of deflation. Deflation definiton...also know as deleveraging http://en.wikipedia.org/wiki/Deflation Central Banks are printing money as if there is no tomorrow. The Fed is injecting cash into the US economy [...]

2012-11-21T14:09:50-06:00January 20th, 2012|Political Economy|

The Case for Inflation/Hyperinflation

This post is a continuation from my last post on Debt and the Future state of the Global Economy. That post  using hard numbers outlined the very grave danger were in. This post will outline strategies on how to prepare for what is likely to come based on a model of inflation. (Disclaimer: It is my opinion that inflation will be very low to non-existent over the next 5-10 years, hyperinflation is extremely unlikely and that deflation will [...]

2012-02-17T17:24:54-06:00January 12th, 2012|Political Economy|

Debt and the state of the Future Global Economy

I have been doing a lot of research on investing and finance lately and have come across a lot of information that is extremely concerning and shocking. The global economy is in much worse shape than I had originally thought and Canada while regarded as a safer place than the USA appears to be in just as bad fiscal shape! It appears the global economy is headed straight down the toilet for the next decade or so due to a massive accumulation of [...]

2011-12-19T15:34:51-06:00December 19th, 2011|Political Economy|

Debt and the state of the Future Global Economy

I have been doing a lot of research on investing and finance lately and have come across a lot of information that is extremely concerning and shocking. The global economy is in much worse shape than I had originally thought and Canada while regarded as a safer place than the USA appears to be in just as bad fiscal shape! It appears the global economy is headed straight down the toilet for the next decade or so due to a massive accumulation of [...]

2011-12-19T15:34:51-06:00December 19th, 2011|Political Economy|

Debt and the state of the Future Global Economy

I have been doing a lot of research on investing and finance lately and have come across a lot of information that is extremely concerning and shocking. The global economy is in much worse shape than I had originally thought and Canada while regarded as a safer place than the USA appears to be in just as bad fiscal shape! It appears the global economy is headed straight down the toilet for the next decade or so due to a massive accumulation of [...]

2012-03-29T13:07:43-06:00December 19th, 2011|Political Economy|

Israel vs. Palestine/Lebanon/Iran – Norman Finkelstein

Recently I attended a talk given at the UofA by Norman Finkelstein. His talk has me extremely worried for the prospect of peace in the middle-east. It seems war may be imminent, unless public pressure mounts and Israel changes its foreign/domestic policy. Western governments have been propping up and giving Israel support for far too long. Especially the USA, the UK and recently Canada under the Harper administration. The entire talk can be viewed on youtube here: http://www.youtube.com/watch?v=zFomATjDKDs&feature=autofb The following is a brief summary [...]

2010-11-03T18:01:01-06:00November 3rd, 2010|Political Economy|

The Irony of the Rat Race….

"A boat docked in a tiny Mexican village. An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them. "Not very long," answered the Mexican. "But then, why didn't you stay out longer and catch more?" asked the American. The Mexican explained that his small catch was sufficient to meet his needs and those of his family. The American asked, "But what do [...]

2010-08-24T10:29:56-06:00August 24th, 2010|Metaphysics, Political Economy|