Originally posted by Klause
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BOC..... again
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im no guru.
but read the other day "figures" which suggested from memory 37% of houses in australia are currently interest only loans.
1 what happens when interest rates rise.
2 what happens when housing prices ease which is happening now especially those that have purchased in last 2 years
3 kaboom.
4 ps in australia banks are not allowed to do interest only loans with no principal reduction
edit part 4 has only been in for maybe 3 months
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Originally posted by AlbertaFarmer5 View PostMy sister teaches a Career and Life Management class in high school. Which has the potential to be quite useful, but from what I remember of when I took it, it was anything but. I've considered offering to come in as a guest speaker to offer some real world financial and economic advice. Anything to help avoid another generation who would vote for NDP or Trudeau lite, or even Trudeau lighter in the future.
Compared to fiscally conservative Norway, Alberta chose to spend it all without a good plan for a sustainable future.
Since you most likely repeatedly voted for this Alberta example of fiscal incompetence, how can you offer any sound economic advice to students?Last edited by chuckChuck; Jul 12, 2018, 06:17.
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Originally posted by chuckChuck View PostAlbertan's and their one party state for most of the last 40 years, have spent most of their one time resource revenues without saving anything for future generations. Alberta has not been a good example of sustainable fiscal management.
Compared to fiscally conservative Norway, Alberta chose to spend it all without a good plan for a sustainable future.
Since you most likely repeatedly voted for this Alberta example of fiscal incompetence, how can you offer any sound economic advice to students?
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Originally posted by chuckChuck View PostAlbertan's and their one party state for most of the last 40 years, have spent most of their one time resource revenues without saving anything for future generations. Alberta has not been a good example of sustainable fiscal management.
Compared to fiscally conservative Norway, Alberta chose to spend it all without a good plan for a sustainable future.
Since you most likely repeatedly voted for this Alberta example of fiscal incompetence, how can you offer any sound economic advice to students?
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Originally posted by chuckChuck View PostAlbertan's and their one party state for most of the last 40 years, have spent most of their one time resource revenues without saving anything for future generations. Alberta has not been a good example of sustainable fiscal management.
Compared to fiscally conservative Norway, Alberta chose to spend it all without a good plan for a sustainable future.
Since you most likely repeatedly voted for this Alberta example of fiscal incompetence, how can you offer any sound economic advice to students?
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Originally posted by blueversi View PostNot surprising, look at the amount of toys on the road every weekend, skidoos, boats, quads, travel trailers plus likely a payment on an over priced cabin then burning the fuel to get there. Just put it on the never never plan. Recreation is a priority and working isn't . Wasn't there an ad campaign back some years that touted Saskatchewan as a place to "work to live" not "live to work". Just relax, live it up everything will just take care of itself.
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