Showing Tag: " economy" (Show all posts)

Globe & Mail: The scary real U.S. government debt

Posted by Jackelyn Ford on Monday, October 3, 2011, 

Neil Reynolds | October 27, 2010

Boston University economist Laurence Kotlikoff says U.S. government debt is not $13.5-trillion (U.S.), which is 60 per cent of current gross domestic product, as global investors and American taxpayers think, but rather 14-fold higher: $200-trillion - 840 per cent of current GDP. "Let's get real," Prof. Kotlikoff says. "The U.S. is bankrupt."

Writing in the September ...

Continue reading ...

BNN: Economist says housing prices to fall 25%

Posted by Jackelyn Ford on Monday, October 3, 2011,

Reuters | June 6, 2011

Building permits posted an unexpected 21-percent decline in April. BNN speaks with David Madani of Capital Economics about the data – and his belief that the Canadian housing market is set for a 25 percent pullback in prices.


The value of building permits issued in Canada in April unexpectedly plummeted 21.1 percent from March on weakness in the powerful pro...

Continue reading ...

About These Articles

Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.