With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
bank of canada
Between 2000 and 2016, average mortgage interest rates fell by almost two-thirds.
From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.
Interest rates are low because of demographics; an aging population of savers creates a borrower's market
Back when my paternal grandparents were alive, they lived with thrift as their constant companion and spent little more than necessary, splurging only on others.
Every spring, my grandmother would can a plethora of fruits and vegetables from her Okanagan garden. In anticipation, she saved every plastic bag for use in canning. As a kid, I thought it odd behaviour. But of course, I had no knowledge then of the shortages she, her siblings and parents endured in the Soviet Union in the 1920s before they emigrated to Canada.