tag:blogger.com,1999:blog-5936637281134795592.post8367668837771871296..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Housing market has not cooled yet: CarneyUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-5936637281134795592.post-89043742144732969202012-12-08T06:31:41.480-08:002012-12-08T06:31:41.480-08:00Hello Everybody,
My name is Mrs. Monica Roland. I...Hello Everybody,<br /><br />My name is Mrs. Monica Roland. I live in UK London and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 U.S. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs. Monica Roland that refer you to him. Contact Mr. James Bone via email: (bestloansfinance02@gmail.com)<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-14483138526329053402012-12-05T14:37:17.280-08:002012-12-05T14:37:17.280-08:00Services are above 75% of GDP, manufacturing may o...Services are above 75% of GDP, manufacturing may only be 12% now and energy is (surprise!) just 3% of the economy.<br /><br />Who knew?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-69062989876519938652012-12-05T14:00:23.117-08:002012-12-05T14:00:23.117-08:00Canadian low interest rates are a reflection of Ca...Canadian low interest rates are a reflection of Canada's extremely weak and fragile economy. <br /><br />It will not matter whether rates are raised now, a year from now or later than that, the result will be the same - a crushing effect to the economy. Remember, 70% of our GDP is based on consumer spending. When you lower rates to emergency levels for an extended period of time, that consumer spending economy becomes far more vulnerable than it was before rates were slashed. <br /><br />Canada must go through an extended period of deleveraging in order to find a solid economy that is not almost entirely based on debt and consumer spending. Basically it is time for Canadians to feel the (now long overdue) pain that other countries have been feeling the last number of years. Canada is not different, no matter how you slice it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-66647613799572319622012-12-05T13:07:37.842-08:002012-12-05T13:07:37.842-08:00You obviously are late to the conversation, Manfre...You obviously are late to the conversation, Manfred. Mr Carney has been warning for two years against taking on too much debt. <br /><br />Canadian low interest rates are a reflection of what the US Federal Reserve is undertaking to stimulate the economy there. <br /><br />If your idea is to utilize Monetary tools like rate increases to slam consumers over the head then it is back of the class for you. <br /><br />We still have a manufacturing economy dependant on US buying if you are unaware. <br /><br />Before slinging tar you might just want to dig into what the repercussions are if we get too far ahead of our major trade partner on rate changes. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-55039956302603588282012-12-05T12:32:22.596-08:002012-12-05T12:32:22.596-08:00Great, so one of the key creators of Canada's ...Great, so one of the key creators of Canada's looming debt crisis now gets to look clever by pointing out the dangers of keeping interest rates low as he walks out the door to his next high-paying gig in London. <br /><br />Nice work if you can get it.ManfredSteynnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-52808274883072293852012-12-05T11:36:55.744-08:002012-12-05T11:36:55.744-08:00Not so fast. We have a great big Southern neighbor...Not so fast. We have a great big Southern neighbor that dictates rates here. Carney has done all he can do for now. <br /><br />Have you noticed housing is rebounding there?<br /><br />I seriously doubt the much predicted recession in the US will be any more than a shallow one.<br /><br />We can count our lucky stars here in Canada. If the US dips and recovers quickly we may just have a soft landing in this country after all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-22827362044029762832012-12-05T06:59:35.464-08:002012-12-05T06:59:35.464-08:00Drop the interest rate hammer. Problem solved.Drop the interest rate hammer. Problem solved.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-40101714731036276972012-12-05T05:40:45.223-08:002012-12-05T05:40:45.223-08:00I think Carney's got this right. Despite some ...I think Carney's got this right. Despite some economic headwinds, regulatory changes and credit tightening real estate is still quite bouyant. Not that anyone wants a crash but public sentiment is still far from bearish on average depite record indebtedness. That tells us the message still has not gotten through and the potential for a coninuation of bubbly home buying during a period of excess is still with us. What we would like to see is that savings slowly creep up and some debt is paid down.....(but not too fast). To bring balance back consumers should be shifting away from the high levels of credit they have been enjoying and taking stock of assets and equity. A little common sense might just keep the consumer healthy enough to keep consumption in line with predictions and reduce the risk of unemployment rising too quickly. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-3777017387428293222012-12-04T21:42:49.174-08:002012-12-04T21:42:49.174-08:00http://www.youtube.com/watch?v=jYye59dstRYhttp://www.youtube.com/watch?v=jYye59dstRYAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-18479703034938327332012-12-04T18:39:22.060-08:002012-12-04T18:39:22.060-08:00Instead of "13" how about $480. What th...Instead of "13" how about $480. What the realtor will get on EI every two weeks....Anonymousnoreply@blogger.com