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Canada has the highest household debt level in G7, housing agency warns - National

Canada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis. ....

Housing Corporation , Statistic Canada , Freida Richer , Global News Morning , Household Debt , Canada Economy , Canada Housing , Canadian Dollar , Ousehold Debt G7 , Household Debt Levels , Mortgage Debt ,

Canada has the highest household debt level in G7, housing agency warns

Canada’s housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis. ....

Housing Corporation , Canadian Press , Canada Economy , Canada Housing , Canadian Dollar , Household Debt , Ousehold Debt G7 , Household Debt Levels , Mortgage Debt ,

Detailed text transcripts for TV channel - FOXNEWS - 20111203:15:03:00

Please. if we can get back to that it00,000 job increase per month that everyone seems to want. and the other thing, jim mentioned, he s talking about the credit crunch and actually household debt levels are at their lowest levels they ve been in 17 years, so, the consumer actually has room to expand, and as a consumer expands, so goes the economy. i think there are good things ahead. more good things than bad things. jonas, a recovery here. the main difference, this recovery has a huge potential to go wrong because of a lot of bad stuff, but it s here and if something doesn t go wrong, it s not the biggest recovery of all times, but the consumers have been thrifty or years. pent up demand and auto sales take off and holiday shopping well better than anybody expected both online and off line and a lot to drive the economy higher and the scary overhang there could be unrailing. and jim, i m going to get to you in a minute. mike, do you think this is recovery? i don t think it s ....

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