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Video #3 "When will the Canadian economy collapse?"

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Video #3 "When will the Canadian economy collapse?"

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https://www.youtube.com/watch?v=xZx20cM1z_Y
This video looks at the economic market of Canada, and addresses the main issues and concerns amongst economists, and why there is a predicted crash imminent. This video also explores ways to safeguard yourself from the crisis, and the market crash. The video outlines major ways and provides advice on how to protect yourself, and profit on the collapse

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Video #2 "If I run, here's how I'd do it"

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Video #2 "If I run, here's how I'd do it"

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https://www.youtube.com/watch?v=1ZsSc4FE22Q
This video is an interview with Dragon's Den star Kevin O'Leary, who is planning to run for the Conservative party of Canada in the upcoming election, and he discusses how he feels the economy can be fixed. In Canada, we do not have a system that employees and empowers recent graduates, and that hurts the economy. Fix this, and everything else will fall into place.

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Video #1"Is Canada's Economy on the verge of a financial crisis?"

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Video #1"Is Canada's Economy on the verge of a financial crisis?"

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https://www.youtube.com/watch?v=9pElINZjaGk
This video is a panel of economists discussing the imminent financial collapse of the Canadian market, how the Canadian crisis differs from the US financial collapse, and the Canadian housing market. Looking at the housing costs in Canada, and the struggles younger generations will have in the housing market.

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This website touches on the lack of knowledge both men and women have towards basic financials. The reason I chose website was because it goes into depth about how poorly both men and women both did when taking a survey on basic financials. Only 16% of men and 9% of women answered the survey questions correctly. Another reason as well is how they discussed college and university degrees play a factor in the basic knowledge, saying that if you have a degree you are better off which is something I agree with.

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In this website it breaks down 9 different steps on how to avoid financial crisis. I chose this website because I feel that it is important for all of use to understand different steps to avoiding problems like this. A few key points that I liked from this website was how in depth they went with each step, but also the statistics they provided along with it to back up the information.

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In this website it touches on what caused Canada to go through the financial crisis they did and how they ended up resolving the issue. It also gives you a great deal of detail with audio, video, and graphics. Key points in from this website is how they spoke to many different personal on the situation and the great amount of information they provide for the readers to understand everything that occurred.

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In this graph it breaks down 9 major countries and shows who has the highest risk of financial crisis.  In this graph Canada is listed as number 2 right behind China for highest chance. Canada is ranked at 16% and it is said that anything over 10% is an elevated risk.

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In this graph it will show the household debt in Canada each year from 2001-2016.  The interesting thing about this graph is over the past 15 years debt in households has been on the rise but it stays fairly steady for 5 years then increases after those 5 years.  I chose this image because with this topic we are on today this gives everyone a great visual of how things have changed over the years.

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In this graph it breaks down the difference in debt between the advanced economies and the developing economies.
As the graph shows back in the day the debt in Canada was extremely bad but as the years have gone on Canada has actually gotten a lot better.  But When the next wave of public debt distress hits foreign governments, Canadian investors, borrowers, and exporters will all be affected. I chose this image because it gives you a clear understanding of the information they are trying to get across.

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Welcome to "Understanding Financial Crises"

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Welcome to "Understanding Financial Crises"

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Throughout this padlet we are going to touch on the importance of understanding financial crisis, and what some of the biggest reason we as people have financial crisis today.