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Bank Of Canada Lays Out In YouTube Clip How The Economy Could Tank

Bank Of Canada Lays Out In YouTube Clip How The Economy Could Tank

As MacLean's Jason Kirby points out, the Bank has taken to YouTube to warn Canadians about the dangers of too much debt and unrealistic house price expectations. He wonders, however, whether anyone will listen as one after another real estate bubble form in Canada, a nation whose household debt ratio has never been higher.

As BMO pointed out, when the latest household debt ratio data was released, the upward trend in household debt goes back for the 26 years for which it has records and is showing no signs of slowing down.

Here's Where You Absolutely Don't Want To Be "When It All Turns Ugly"

Here's Where You Absolutely Don't Want To Be "When It All Turns Ugly"

Submitted by Mac Slavo via SHTFPlan.com,

Map Shows Us Where We Don’t Want To Be When It All Turns Ugly h/t All News Pipeline

OK, this is actually pretty obvious – but it is worth pointing out that the “archipelago” of islands across the vast expanse of the United States that carried the vote for Hillary Clinton during the election – also happens to be a ring of the liberal cities that:

The Radical Jesus: How Would The Baby In A Manger Fare In The American Police State?

Submitted by John Whitehead via The Rutherford Institute,

“Jesus is too much for us. The church’s later treatment of the gospels is one long effort to rescue Jesus from ‘extremism.’”—author Gary Wills, What Jesus Meant

Jesus was good. He was caring. He had powerful, profound things to say - things that would change how we view people, alter government policies and change the world. He went around helping the poor. And when confronted by those in authority, he did not shy away from speaking truth to power.

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