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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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