Economy

Why does Canada rank higher than the United States, a country often referred to as the 'Land of Liberty'? Guess which countries ranked in the top 5? Where does your country rank?

Central banks have lost control. The great props to the world economy are now beginning to fall and It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

Today’s infographic visualization breaks down $59.7 trillion of world debt by country, as well as highlighting each country’s debt-to-GDP ratio using colour.

What the Land of the Free needs right now is someone who can stop beating around the bush and just get on with it already and that someone is Donald Trump because he is an expert at declaring bankruptcy. When the going gets tough, Trump stiffs his creditors - he’s done it four times - and such experience would come in handy during the next presidential term. The U.S. government is bankrupt and default is inevitable. Who better to oversee such an event than Donald Trump!

4 patterns are developing that also happened just prior to the great financial crisis of 2008 and, as such, provide strong evidence that a deflationary financial collapse is right around the corner.

Canadian households are heavily leveraged and with their level of debt in proportion to income now hovering at record levels, they are vulnerable to a range of economic shocks that could create a financial crisis. I am of the opinion, however, that the range of variables at play discussed in this article would mitigate any possibility of a meltdown of Canada's financial system. Let me explain.

Where will the dollar go from here? My answer: Though currency market volatility is likely to continue, I still see a stronger dollar over the longer term. Here's why:

The American middle class, long the most affluent in the world, has lost that distinction - to Canada, no less!

We are confronted with so much information through the media and the internet that finding and processing relevant information has become quite a challenge. To remedy the situation, in part, below is an infographic that illustrates the most important facts and figures about the U. S. economy. Take a look.

The Bank of Canada took a good look at the Canadian economy, saw it was sinking into the mire, glanced at the collapsed prices of commodities, particularly oil, saw how they were wreaking havoc in Canada, and then looked at the global economy, particularly at China and the US, and freaked out with the realization (acknowledgement) that things are heading south FAST.