Friday, September 7, 2012

This Old Economist: “You’ve got 10 months”


Interest rates will likely rise soon, perhaps in mid-2013.


Those with rising household debt have little time to get their house in order.


Many countries have developed unaffordable, unsustainable lifestyles - and played fast and loose with the environment - for almost 70 years (“Bigger is better!!” proclaimed governments, business leaders and market economists).

How quickly will families adjust to a more austere lifestyle?

[Photos by G.Harrison]

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Vulnerable? Please click here to read $$ FAX 12: The vulnerable Canadian

High household debt? Please click here to read more about the problem.

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