Sentences with phrase «current debt binge»
The good news is that the wealth of Canadians has grown during the current debt binge, with national net worth increasing by 2.3 % in the fourth quarter.
https://www.lowestrates.ca/ Not exact matches
Previously, the Bank of Canada hinted it might raise rates to curb the borrowing binge, but in March it abruptly changed tack by affirming the household debt - to - income ratio is «stabilizing near current levels.»
Behind Germany and ahead of some of the oil producers, it runs the largest current account surplus in the world, which means that it is exporting its excess savings in a world that has nowhere to put the money, and so the world must respond either with speculative asset bubbles, unproductive investment, debt - fueled consumption binges or unemployment.