Understanding Financial Crises by https://padlet.com/smkb1/eq59uozsd4ww By: Shawn Bazak en-us 2016-11-28 15:44:14 UTC 2023-03-29 17:45:22 UTC hello@padlet.com Understanding Financial Crises smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140219211 By: Shawn Bazak ]]> 2016-11-28 15:51:09 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140219211 When The 'Bubble Bursts' Video 1 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140221668 http://www.bloomberg.com/news/videos/2016-10-03/is-canada-s-economy-on-the-verge-of-a-financial-cris
In this clip, Hilliard Macbeth talks about the Canadian housing market and how its becoming an issue. he states personal household debt level is upon 200% GDP. 5% of other places in the world have that.]]> 2016-11-28 15:56:36 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140221668 Alberta's Wild Fire. Video 2 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140224099 http://www.theglobeandmail.com/report-on-business/economy/canadian-economy-contracts-in-the-second-quarter/article31633521/
In this clip, the news anchor speaks about how the domestic product gross shrinks to 1.6% in the second quarter following the alberta wild fire.

]]> 2016-11-28 16:02:34 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140224099 Canada's Stability in the 2008 financial Crises Video 3 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140227155 https://www.youtube.com/watch?v=-JMJT7X_9VE
In this clip, Jeffery Orr speaks about how the canadan economy was financially stable in the 2008 financial crisis to help its self survive it, and how the same process can apply to individuals. ]]> 2016-11-28 16:09:58 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140227155 Inevitable Debt Crises Canada's Not Talking About. Article 1 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140230246 http://www.theglobeandmail.com/report-on-business/rob-commentary/the-inevitable-debt-crisis-canadas-not-talking-about/article29445969/
In this article, Hilliard Macbeth writes about how Canada and along with six other countries have massive debt with the public, or government. He also gives his opinion on which countries will suffer an economic crisis in the next three years. China, Australia, Sweden, Hong Kong, South Korea, Canada and Norway. ]]> 2016-11-28 16:17:20 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140230246 Introduction smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140233539 In this Padlet Wall presentation, I hope to explain and show the readers about how financial crisis's in Canada are not only bad, but how they will affect the country long term. ]]> 2016-11-28 16:24:38 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140233539 Housing Crash in Canada Becomes Costly to Mortgage Lenders. Article 2 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140235502 http://business.financialpost.com/news/economy/housing-crash-in-canada-could-cost-mortgage-lenders-almost-12-billion-moodys-warns
In this article, Barbara Shecter writes about how the Canadian housing market is crashing. She writes that if it becomes as bad as it was in the states, it could cost Mortgage lenders up to 13 million dollars. 

]]> 2016-11-28 16:28:43 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140235502 Trade Gap Financial Contraction. Article 3 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140240084 http://business.financialpost.com/news/economy/canada-faces-biggest-quarterly-economic-contraction-since-financial-crisis-scotiabank
Back in april, the country had a trade deficit of 2.94 billion. That was the largest since the record 3.18 billion gap the month before. this would mean the trade gap economy would go down by one percent for the second quarter. ]]> 2016-11-28 16:38:58 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140240084 Per Cent Period to Period at Annual Rates Graph smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140251466
The blue is Canada, The red is the U.S. Our per cent is better through out the quarters than the U.S, especially at the 2010 quarter where the U.S dipped below -3 percent.
]]> 2016-11-28 17:05:28 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140251466 smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140252690 2016-11-28 17:08:49 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140252690 The Alberta Fire smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140253194
This is an image taken from when Fort Mcmurray had its massive wild fire, and how the economy dropped by 1.6% because of it.]]> 2016-11-28 17:10:00 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140253194 Banks face a 152 Billion dollar bill for the Crises they avoided in 2008. smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140255761
The six big canadian banks pay to avoid the taxpayer funded bailout that needed to be made back in 2008 druing the financial crises. ]]> 2016-11-28 17:16:02 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140255761 Reflective Piece smkb1 https://padlet.com/smkb1/eq59uozsd4ww/wish/140262295 2016-11-28 17:32:12 UTC https://padlet.com/smkb1/eq59uozsd4ww/wish/140262295