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   Message 89,084 of 90,757   
   M.I.Wakefield to Alan Baker   
   Re: Canadian household debt at record hi   
   15 Dec 14 17:59:01   
   
   XPost: bc.politics, mtl.general, sk.politics   
   XPost: can.politics, ab.politics   
   From: none@present.com   
      
   "Alan Baker"  wrote in message news:m6nndm$apo$2@news.datemas.de...   
      
   > On 2014-12-15 22:12:25 +0000, (ಠ_ಠ) said:   
      
   > > So much for Harper's 'economic record', eh?  The Cons must be referring   
   > > to a long-play record on a turntable in his home somewhere . . .   
   > > The only ones that have come out ahead under this government are the oil   
   > > companies and foreign workers.  Canadians are sucking wind.   
   >   
   > Wow. When the cost of borrowing is low... ...people borrow more.   
   >   
   > Just like any other thing when its cost is low.   
      
   > > Meanwhile, the debt service ratio — the amount of interest paid on   
   > > mortgage and non-mortgage debt as a proportion of disposable income   
   â€”   
   > > declined to 6.8 per cent, an "all-time low," according to Statistics   
   > > Canada.   
      
   So while debt is up, the amount that it is actually costing Canadians is at   
   an "all-time low".  Trust Kkkaren to ignore the good news.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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