Wednesday, March 17, 2010

Is There No Place Safe On Earth ?







Canadian duck dollars are ever so very close to on par with the lollerdollar right now,  it’s not really the time to buy anything there.
However, owning your very own Canadian might not be out of reach in the future, let's look at some highlights of Canada:


 Credit Card Debt Up $43 Billion Since 1999

 
Personal Lines of Credit Up $180 Billion Since 1999
 
 
 
Mortgage Debt Up $566 Billion Since 1999
 
 
 
 

  • Household Credit Up $715 Billion Since 1999

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    Think there is no credit bubble in Canada? Think again.


    Add to this their uncontrollable spending  and the dream of owning a Canadian might not be out of reach when their credit bubble bursts.

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