Mortgages, auto loans and credit card debt: How the poor are fuelling the booming U.S. economy (2)
21 Sep

Mortgages, auto loans and credit card debt: How the poor are fuelling the booming U.S. economy (2)

DRAINING SAVINGS Stephen Gallagher, economist at Societe Generale, says stretched finances of those in the middle dimmed the economy’s otherwise positive outlook. “They are taking on debt that they can’t repay. A drop in savings and rise in delinquencies means you can’t support the (overall) spending,” he said. An oil or trade shock could lead…

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An Inside Look at how a VC Evaluates Startups
19 Sep

An Inside Look at how a VC Evaluates Startups

As a young VC trying to understand the inner workings and financing of startups, my first year has been crammed full of reading tech articles, books, Hacker News, Quora entries, and watching Ustream and YouTube clips. While there is a large amount of helpful information for entrepreneurs seeking funding, I haven’t found many thorough descriptions…

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With all this talk about trade, we’re missing the real problem with Canada’s economy
12 Sep

With all this talk about trade, we’re missing the real problem with Canada’s economy

The biggest threat to Canada’s economic expansion lies within its own borders, even as President Donald Trump pushes protectionism from abroad. The home-grown news is that the Canadian economy is closer to overheating than faltering on the back of the trade uncertainty, forcing the Bank of Canada to respond with higher interest rates. Statistics Canada is expected…

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