Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Canada’s debt service rate

Market Insanity

Is Canada due for a Financial Crisis?

The debt to GDP ratio is a comparison of the amount of debt in a nation to national wealth. The BIS team considers any ratio over 10% dangerous and a signal that a financial crisis is brewing, The Financial Post reported. Canada’s ratio now exceeds the danger level by 7.4% and it has risen since Fall 2016.

Read More