Tag Archives: Bankruptcies

Buying a car…lease it first, buy it later and save money

How to minimize car ownership Lease the car you always wanted………………………….then buy it later. Pity the automotive industry. Whereas the airlines are hurting under unsustainable wages and benefits, i.e. health insurance and pension contributions, they are likely to reduce them both in coming negotiations, whereas the Automotive industry is saddled not only with these same … Continue reading

Bank of Canada concerned about government, household debt, Is this a joke of the day?

OTTAWA – Mounting governmental and household debt are posing new risks to the stability of financial systems, the Bank of Canada said Thursday in its most recent analysis. The central bank’s semi-annual "Financial System Review" finds that overall conditions have improved in the short term since it last reported in June.But it adds that record-high … Continue reading