Median net worth Canada and US households. Average and median net worth data for Canada and US 2012.
I found some interesting data on the net worth figures between US and Canadian households. Net worth is always an interesting way of measuring financial security of a country and their middle class. It also highlights how widespread a middle class really is. Having a solid net worth provides additional buffers and gives households a [...]
I don’t really have a horse in this race but watching the mainstream press cover the current election is like watching an exercise of avoiding the most important. The economy is obviously the most important item for most Americans right now. All other issues take a major back seat. Today reports were coming out highlighting [...]
The shrinking number of U.S. banks but growing assets – From 12,000+ in 1990 to roughly 7,000 today. The rise of the too big to fail banking system. Are bank hours conducive to the working and middle class?
Some people have a hard time believing that prior to the Great Depression, there was a point in U.S. history where we had over 20,000 various and diverse banks in the country. These banks would boom and bust and with no FDIC insurance, placing your money in a bank was a risky proposition. The Federal [...]