We all hear the noise about housing, the economy, the dollar and other important things.
It kinda goes like this…
The economy is doing poorly.
No-no … it’s doing great! Don’t listen to the doomsday crowd.
The economy is actually in a “new normal” phase and if you don’t understand that then you don’t understand.
The stock market is at all times highs but no one seems to know anyone investing in them … is it all computer algorithms now?
Interest rates are definitely going up … but only after we drop them first.
Oil is scarce and expensive, wait there’s too much of it, oil is cheap.
Gold is good … actually, if you invest in gold you are crazy or will soon be going crazy.
The Canadian dollar is weak, wait … it’s strong, oops, it’s super weak again.
Invest in Hamilton, no invest in China, wait … have you heard about those condos in Space, right next to the moon?
Is “the Matrix” real?
We had no idea that when we seriously began studying the economy for our own selfish reasons that it would end up being so utterly entertaining.
Sometimes I find myself laughing out loud looking back at various, almost unbelievably impossible, economic announcements.
But today we’re going to do our best and not comment.
Instead, we’re just going to share some random economic type charts and let you create the storyline…
U.S. National Debt 1900-2020
U.S. Medicare and Social Security
Concentration of Derivatives Market
231 trillions dollars
Government Forecasting Accuracy/Ability
Percentage of Americans Working
Canadian Immigration Levels
Percentage of Canadian Mortgages in Arrears
(far right column)
Percentage of Ontario Mortgages in Arrears
(far right column)
Delinquency Rate on U.S. Single-Family Mortgages
Global Monetary Policy
State of Our Beloved Loonie
Why The Currency Money Game
Needs More Debt
Our Favourite Brand of Butter
(Source: our fridges)
OK, the last one isn’t a chart or a graph or even a table … but over the last twelve months we’ve rediscovered butter and have bought and eaten enough of it to make some sort of economic impact in Ireland for sure! 😉
Hope you enjoyed this.
Until next time … Your Life! Your Terms!