Here is why taking a loan to fight Inflation is not a good idea, according to expert
When dealing with inflation, the idea of using any sort of debt to help pay the bills should always be seen as “a last resort,” said Moche Lander, a senior lecturer at the Concordia University's Department of Economics. He explains tips Canadians can use to avoid using debt, including deciding what you need versus what you want when it comes to expenses.
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Maybe after Trudeau introduces China version of social credit with digital identification to Canadians then everything will be solved! Since Trudeau loves power and control.
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Canadian banks to report earnings amid rising interest rate environmentCanadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week. A l o t .... 😬🤣 Oh no!!!! The BANKS!!!!!! They aren’t suffering are they? Oh God…🥺😢😭 They all make billions in profit every quarter (3 months), that’s about 11.11M per day !!
Source: CTVCalgary - 🏆 26. / 68 Read more »
Canadian banks to report earnings amid rising interest rate environmentCanadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week. This should be interesting. Billions in profits whilst working class folk struggle ....the system is fked up. I’m sure they made lots of money and will raise service fees again Making money on people's misery and people's money!
Source: CP24 - 🏆 30. / 67 Read more »