$1 trillion in US distressed debt and close to 18% unemployment rate.
Canadian consumers, like many plan sponsors, are now having to reckon with the fact that asset growth does not necessarily fund liabilities.
NSAHO pension plan puts real estate investment into perspective.
Given all the finger-pointing going on in the Eurozone, pundits provide a sober reminder that there will be few winners as this financial crisis unfolds.
Since the US has been the poster child for consumer debt, their showing versus other industrialized nations is surprising – in fact, it’s Denmark who’s actually in the lead.