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Home Capital shares plunge after mortgage lender seeks $2 billion credit line as deposits decline
Financial Post ^ | April 26, 2017 | Armina Lagaya

Posted on 04/26/2017 2:22:34 PM PDT by Reverend Wright

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To: dp0622

Talk to a good accountant. If you ran up a debt as part of a business venture, the interest may be tax deductible ... and you might be able to write the principal off as a capital loss, too.


21 posted on 04/26/2017 3:47:47 PM PDT by Alberta's Child
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To: Reverend Wright

Didn’t read Zero Hedge’s take yet, but I am sure it is spot on. The fact that this next bust might start in Canada or anywhere else is significant because the financial cancer has metastitized worldwide where we have no financial levers left to stop it.


22 posted on 04/26/2017 3:49:48 PM PDT by richardtavor
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To: Alberta's Child

Thank you very much.

Another stupid mistake I ALMOST learned the hard way.

Very much appreciated.


23 posted on 04/26/2017 4:18:38 PM PDT by dp0622 (IThe only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
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To: richardtavor

In terms of where it starts, I look to Canada and Australia because we are both so leveraged to commodity prices (esp oil in Canada)

In the 1920’s, the Depression was well underway in Australia and Canada before the 1929 crash. And commodity prices had been falling for years in the late 20’s


24 posted on 04/26/2017 4:34:50 PM PDT by Reverend Wright (Build the wall !)
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To: dp0622

Yes, they did...............


25 posted on 04/27/2017 6:03:08 AM PDT by Red Badger (Profanity is the sound of an ignorant mind trying to express itself.............)
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To: dynachrome; dp0622; sanjuanbob

South Bend Tribune - July 7, 1955.

Note the faceless 'Bob'. They used that logo up until the early 80's.................

26 posted on 04/27/2017 6:13:28 AM PDT by Red Badger (Profanity is the sound of an ignorant mind trying to express itself.............)
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To: Red Badger

It really did exist :)

i was born in 68. Should have at least seen an ad later on.

oh well.


27 posted on 04/27/2017 6:30:47 AM PDT by dp0622 (IThe only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
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