‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

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Mark Fournier
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‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

Post by Mark Fournier »

OTTAWA — Canada’s consumer debt levels are set to soar as homeowners struggle to pay down pricey mortgages, adding to debt strains that were troublesome even before the COVID-19 pandemic, the country’s national housing agency says. Read More

http://feedproxy.google.com/~r/NP_Top_S ... head-warns

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Connie Fournier
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

Post by Connie Fournier »

Stay home, stay safe. :-BD
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Ursus
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

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Connie Fournier wrote:
Wed May 20, 2020 7:48 am
Stay home, stay safe. :-BD
Too funny. :D Thanks for the morning smile
Da pacem, Domine, in diebus nostris
Quia non est alius
Qui pugnet pro nobis
Nisi tu Deus noster.

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Connie Fournier
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

Post by Connie Fournier »

You have a dark sense of humour. I like that about you! LOL!
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Ursus
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

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I pride myself on a refined sense of gallows humour. :))

I don’t suppose there is a work from home option for the position of Lord High Executioner?

“The object so sublime we shall achieve in time, to make the punishment fit the crime, the punishment fit the crime.”

Or perhaps just the time to get through Crime and Punishment......hee hee
Da pacem, Domine, in diebus nostris
Quia non est alius
Qui pugnet pro nobis
Nisi tu Deus noster.

Duke Atriedes
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

Post by Duke Atriedes »

Kind of funny the media scares the living daylights out of us, promising millions of dead that never happened. And then get to write headlines about how the economy is crashing - like its a big surprise.

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Ursus
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Re: ‘Bloody terrifying’: COVID-19 will raise household debt levels and ‘drag on GDP growth,’ CMHC warns

Post by Ursus »

Yup. The Ministry of Truth just keeps rolling along.
and to brighten your day, and it is wet one here in central AB, toilet paper rations have been increased from 4 to 8 roles brothers and sisters. In the spirit of recycling you are encouraged to send the used tissue to 24 Sussex Drive.
Remember those brave souls who are fighting on the Trudopia front and their sacrifices.
We are war with Trudopia. We have always been at war with Trudopia.
Da pacem, Domine, in diebus nostris
Quia non est alius
Qui pugnet pro nobis
Nisi tu Deus noster.

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