Debt Rattle September 22 2017

[Raúl Ilargi Meijer]

Harry Callahan Chicago 1947   • Albert Edwards: The Bank Of England’s ‘Monetary Schizophrenia’ (CW) • 4-Warnings For The Bull Market (Roberts) •
[See the full post at: Debt Rattle September 22 2017]

[Party on]

The borrowing and spending binge by Canadian households, businesses and governments (all levels) continues unabated. Growing the debt in the economy significantly faster than the economy itself grows seems to have developed into a way of life in Canada.

Canadian total (household, business, and all levels of government) debt numbers as of the end of June, 2017

https://owecanada.blogspot.ca/2017/09/canadian-total-household-business-and_19.html

[Dr. Diablo]

“The Greek economy will remain under close supervision foriegn occupation for years”

Fixed it.

[Raúl Ilargi Meijer]

Party on, that Canada thing is as scary as it is poorly written. “For each $1.00 the economy grew in this 1 year period the total debt outstanding increased by $5.48.”

[Author]

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