- After seven straight quarters of sales declines, and fourteen quarters of declining volume, Kraft Heinz has announced that they will split up the company.
- The merger of the two companies back in 2016 has been a disaster.
- And we take a look back.
- Canadians are falling behind on their debt payments.
- Home prices in Canada have outpaced those in the US.
- It’s primarily due to money supply growth and low interest rates.
- And Canadian politicians benefited more from this than the average Canadian.
- The Bank of England confirms that it was responsible for the UK’s housing affordability crisis.
- Auto loans in the US are increasing in length.
- This adds considerably to the amount of interest paid on the life of the loan.
- And particularly for those with poor credit scores.
- This adds considerably to the amount of interest paid on the life of the loan.
- In Financial Ructions:
- The US jobs situation is worsening in numbers and in quality.
- Government and part-time jobs up.
- Private industry and full-time jobs down.
- The Canadian economy is bleeding jobs.
- Unemployment is reaching levels not seen in 9 years.
- The Canadian government is considering relaxing some bank capital requirements.
- This is a bad idea.
- The US jobs situation is worsening in numbers and in quality.
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