Get ready Canada... it's "haircut" time... Cyprus style

reply to post by Trillium


You have proved a well known, world wide truth.
Opinions are like rectums, everyone has one.
You are entitled to your own.
Even if it happens to be at odds with the truth.

Originally posted by Cynic
reply to post by Trillium

 

You have proved a well known, world wide truth.
Opinions are like rectums, everyone has one.
You are entitled to your own.
Even if it happens to be at odds with the truth.

It take one to call one
But time will tell

reply to post by Trillium


No worries here.
If the truth hurts, just act like a Canadian.
Apologize for it, hail the mighty(?) Turdeau - Not,
Then feel free to Rock On!

Canada’s big five banks are riding high after another blow-out quarter driven by Canadian consumers’ seemingly unstoppable appetite for debt, especially mortgages. The country’s dominant lenders brought in a collective record profit $7.33-billion, up more than 11% from last year and well ahead of analyst estimates as players streamlined their domestic retail operations to Hoover up mortgages at a rate that analysts speculate is greater than ever before.

Financial Post

Bank profits are at an all time high. 7.33 Billion in profits from the top five banks.

Haircut?anyone needs a haircut its the banks.

reply to post by yorkshirelad


It is unfortunate for the "average" citizen who sees a bank as somewhere "safe" to put their money. But that naiveity should have gone the way of the dodo when the financial crisis in 2008.highlighted the truth about banks.

you mean 1920s-38 ^^ and as soon as the fed was signed ^^. 2008 just highlighted the fact that the federal bank is , was , and always will be and utter freakin SCAM.