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New Canadian Bonds Are Backed By Junk Rated Retailers And Consumer Loans Charging 40% Interest

New Canadian Bonds Are Backed By Junk Rated Retailers And Consumer Loans Charging 40% Interest In a unique twist on the excesses of the last credit bubble, Canada’s bond market is now issuing bonds backed by increasingly riskier assets, but that hasn’t stopped investors from jumping at the chance to buy them – because why would […]

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Foreign Investors Bail out of Canada’s Money Machine

Foreign Investors Bail out of Canada’s Money Machine First net outflow from Canadian securities since 2008. On first sight, it wasn’t that bad. Statistics Canada reported today that in September, foreign (non-resident) investors purchased C$3.3 billion of Canadian securities – adding C$3.2 billion in equities and C$0.9 billion in bonds to their holdings while getting rid of C$0.8 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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