RealEconTV

Business news without the bullshit

Deja vu, eh?

Debt crisis coming to Canada

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Another lovely bubble

Deja vu, eh?

"We're being vigilant"

"We don't expect any problems."

"The problems in Europe will be contained and won't effect us."

"Home equity borrowing is a financial innovation."

"We're in a transition process (from earning a living to borrowing to have a living.)

"Blah, blah, blah, blah..."

Facts: Canadians aren't saving. Individuals, companies and governments are living on debt.