Lookin' Good at 58

Tuesday, February 5, 2013

So That is Why Business is Slower Than Usual

January was particularly slow at work. Not only our place but many others as well. No wonder as today the news came out that Canadians are 6% deeper in debt excluding mortgages than this time last year.

I think they said that each person in this country owes over $27,000 on their credit cards, car loans, and lines of credit. The highest recorded debt per person this country has ever seen.

I guess the Bank of Canada Governor might as well lock in that 1% interest rate for the next twenty years because if he decides to raise it a tad look out for the big bubble to burst.

Nice because next year it is mortgage renewal time for us. Looking forward to jumping in at an even lower rate than we have now.

Waiters and service people keep doing what you are doing and get good at it because a lot of people cannot find work. We can still make money.

3 comments:

Joe Sixtop said...

Happy b'day bro'!

Steven Nicolle said...

Joe Sixtop...Thank you!! How did you know? 54 tomorrow. How is it going?

Toni said...

This is cool!