Tuesday, February 5, 2013
So That is Why Business is Slower Than Usual
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.
Radio talk show host of "The Hospitality Industry News Network" and author of "You Only Live Once" about his early years traveling around and working on ships and foreign countries Steven blogs about his thoughts on the restaurant industry as he sees it today.
Check out his web site at www.stevennicolle.com for more information.