Archive for the ‘Spending’ Category

How Consumerism Came About – Out of Control

Thursday, April 9th, 2015

CNBC Santelli – Debt Is NOT Income or Wealth – Americans Have It Wrong

Thursday, July 10th, 2014


Remember the last time around when the debt bubble burst with subprime mortgage loans the “debt to income” ratio was nearing 200%, I think we are nearing 165% in parts of North America. Watch out we are close to another debt bubble bursting. This time around it is student loans and sub-prime auto loans.

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Nearly All NASA Employees Facing Furlough

Tuesday, October 1st, 2013


Other U.S Government departments are affected by government shutdown like NASA. A few days of no work for more than 10 million Americans is going to impact the U.S economy in a big way.

It basically means these people will be tightening their belts.

How Rich Men Think and Act – The Secret Why They Become Richer and Richer

Tuesday, June 18th, 2013


Don’t hate the rich and wealthy. At one point they were either poor or middle class just like you, however the difference is that they think differently and work much harder.

Sometime, people who are struggling say to themselves, I work extremely hard…why am I not rich. The reason, is in “how you think” and know how to find opportunities.

Luxury Goods Makers Suffer Sales Shortfalls

Sunday, May 5th, 2013

UPS Cuts Full-Year Forecast on Slowing Economy

Wednesday, July 25th, 2012


The transports are always a good indicator of where the economy may be heading, and the fact the UPS (United Parcel Service) has cut their forecast and is possibly laying off people is not a good indicator.

This usually means that companies/business and people worldwide are buying less which reflects in less goods being shipped. All a sign of a slowing economy.

by Das Brain

Bernake Uses Jedi Mind Trick Says “There is no inflation” – Jim Rogers – 03 Feb 2012

Monday, February 6th, 2012


I can’t believe the Fed, changing the way they measure inflation. Oh great, further cooking and fudging of the numbers to make the economy look better than it actually is.

Everyone, who goes shopping for food realizes that there is inflation, but the U.S government keep lying to the American public, and 90% of U.S citizens are just eating it up….Duh OK we believe the government.

Bell To Stop Internet Throttling – Finally Relief For Peer-to-Peer Downloaders

Tuesday, December 20th, 2011

Rogers Canada Internet connection throttling downloaders peer to peer bitTorrent

Finally after pressure from the Canadian Radio-television and Telecommunications Commission (CRTC) Bell is going to stop traffic shaping / throttling of internet traffic of their Internet customers. They were targeting specifically peer-to-peer users like BitTorrent and other P2P services. This is a good move for Bell and I think they will gain lots of customer from Rogers Internet.

Bad News For GM, Volts Power Cords May Ignite On Fire

Tuesday, December 6th, 2011

Chevy Volt electric plug fire hazard
The Chevy Volt was praised as being a game changer in the electric car market, but bugs and complaints are starting to creep up. The Volt’s is made to travel hundreds of miles before needing to recharge and the owners’ of Chevy Volt’s have raised complaints on whether the Volt’s cord can handle every outlet away from home.

Canadians Looking For Ways To Cut Spending

Friday, October 21st, 2011
Canadian cut back on spending dollar store

It’s no surprise that Canadian’s are having a hard time getting by financially. Canadian’s are currently burden down by heavy debt (Canadian household debt hits 1.5 Trillion), bills and are really having a hard time getting by. That is why about 30% of people surveyed said that they are cutting back spending simply because they feel that their financial security right now is not sound.

Read the article, copy and paste link to your browser:
http://ca.finance.yahoo.com/news/Economical-turmoil-Canadians-capress-827274697.html;_ylt=Amtg7.AFOq9PaYk0HuEPizFyzJpG;_ylu=X3oDMTE4aWJpYWZuBHBvcwMzBHNlYwN5ZmlUb3BTdG9yaWVzBHNsawNlY29ub21pY2FsdHU-?x=0

Canadian Food Prices Has Gone Up Significantly – Consumer Shock

Sunday, August 7th, 2011
Rising Canadian food prices / inflation

While the United States government lies about their inflation numbers and creates inflation around the world by printing more U.S dollars, Canadian food prices have been rising at the fastest rate in two years. Many experts already know there is food inflation across the world and now it has been affecting Canadian consumers.

Statistics Canada figures showed that food prices rose 4.3 per cent in June from a year ago, . That’s the highest since July, 2009, and a tick upwards from the 3.9-per-cent pace in May.