the Wealthy Canadian

I’ll be departing tomorrow for a month in China.  I’m looking forward to a month away from  everyday life… but not this blog, of course:( I cannot say for sure when or if I’ll get a chance to use the internet, however I have prepared a number of posts to fill the void.
Take care all [...]

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Another exciting week..
First off, three blogs posts that I want to share.  All three are on the same theme, that is on downsizing your lifestyle.  I think that this is an important topic as our wants is what keeps us in debt and on the treadmill (hamster ball?).  These guys are not saying that we [...]

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The Financial Post reported today that Canada is the second least miserable nation in the G7.  Woo hoo, we are not a miserable country!  Merrill Lynch has a Misery Index that looks at a number of economic conditions.  The U.S., always striving to be number one, has done it again… they are the most miserable [...]

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The news this week:

The Fed dropped the federal funds rate 50 basis points to 4.75%, in addition the discount rate also saw a 50-basis-point decrease to 5.25%.
The Canadian dollar strengthened and is currently trading around par with the American.
Statistics Canada released the August inflation numbers.  Total CPI is down to 1.7% and the core went [...]

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A few things caught my eye this week.

Zimbabwe, once the breadbasket of Africa, is now claiming that they only have two days supply of flour. That announcement was followed by the news that the plummeting Zimbabwe currency is now worth 1/30,000 of an American dollar – bad news if they debts in any currency other [...]

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