What Exactly Is a Recession Are They Harmful What Exactly Is a Recession Are They Harmful: What exactly is a recession? What is the purpose of having them? Are they harmful? Is the economy currently in a slump? Many people, including those in the financial sector, answer unequivocally yes. But what is a recession and…
5 Things You Need to Know Before Filing for Bankruptcy in Canada
On This Page What Is the Difference Between a Bankruptcy Lawyer and a Licensed Insolvency Trustee? Why Do People File for Bankruptcy? Who Can File for Bankruptcy? What are the Alternatives to Filing Bankruptcy? Debt Consolidation Consumer Proposal How to Find a Licensed Insolvency Trustee Do you have a mountain of debt and nowhere to…
Long-form vs Short-form Sales Letters – The Differences
Long-form vs Shortform Sales Letters You send sales letters to prospects when you are proposing new items or services. They are a direct communication from you to them. Sales letters are written in the style of a salesperson, with the goal of persuading the reader to acquire something. Sales letters can be classified primarily as…
Career Trends: 100+ Workforce Statistics for 2022
Everyone wants a job that will provide them with stability and success, but finding one is easier said than done. The workforce is continually evolving, making it difficult to predict which jobs will still exist – and be well-paid – 30 years from now. Fortunately, career trends can help anticipate what the future holds or…
Credit Card 101: How Do Credit Cards Work
.blurb__content{text-align:left;color:#393a3d;font-size:13px;line-height:21px} .blurb__title{text-transform:capitalize;color:#00a38f;font-size:18px;line-height:21px;font-weight:700;text-align:center;background:#fff;position:absolute;top:-11px;text-align:center;transform:translate(-50%,-50%);left:50%;top:-1%;padding:0 7px} .blurb__container:before{content:” “;background-image:url(data:image/svg+xml;base64,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);background-size:cover;background-repeat:no-repeat;width:22px;height:22px;position:absolute;top:32px;left:25px;top:50%;transform:translateY(-50%)} How Do Credit Cards Work? When you use a credit card, you are borrowing money from your bank or credit issuer. When you make a purchase and the payment is accepted, the amount is deducted from your credit limit and added to your current balance. You are recommended to make…
How To Invest For Unicorns And Soft Landings (DON’T)
Unless you’re a central banker, don’t panic. In that case, what are you doing reading this? Don’t you know that inflation in the United States is currently at 7% and is likely to reach that level in the United Kingdom? Aren’t you supposed to be raising interest rates as quickly as possible? I was just…
Why The Origins Of Covid Still Matter To Your Portfolio
I’m sure you’re sick of hearing about Covid. Indeed, you may be hoping that the crisis is behind us. Especially for investors. We’ve got other things to worry about these days. Like inflation, rising interest rates, and a tech bubble. But you might be wrong. There’s at least one remaining angle to the Covid crisis…
Central banks are losing control and politicians will pay the price
Central banks are losing control and politicians will pay the price: So, in the video below, I got a little animated… but not without reason! While projecting 7.25 per cent inflation, the UK’s central bankers are waxing lyrical about “the remit is clear the inflation goal applies at all times, underscoring the centrality of price…
The Price Of Failure Is Measured In Interest Rates
The price of failure is measured in interest rates: Investors must ask themselves two questions whenever interest rates begin to rise. Who can afford the rising borrowing rates the least, and when do they run into trouble? Every time interest rates have risen since the 1970s, we’ve seen a variety of borrowers fall into problems….
The Merchants of Menace and the potential debt disaster
The Merchants of Menace and the potential debt disaster: What happens when interest rates are maintained artificially low over an extended period of time? It may appear to be an academic question. However, if the accurate answer is “the 2008 global financial crisis,” you should sit up and take notice. Especially given where interest rates…