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Honda Track Day @ Sepang - 1st attempt

This is officially my first track day but hopefully won't be the last. I learn the line mostly from onboard videos I found in YouTube lol ...

Bank of Canada raises interest rate for 1st time in 7 years to 0.75%

The Bank of Canada has raised its key interest rate as expected to 0.75 per cent — the central bank's first move upward in the cost of borrowing in seven years.

The bank's target for the overnight rate — at which major financial institutions make one-day loans to each other — moved up by one-quarter of a percentage point from 0.50 per cent.

Interest rates have finally increased: How that could affect your loans Interest hike will affect lines of credit: here's how to manage it

In a statement accompanying the rate decision, the central bank said the Canadian economy has been robust, fuelled by household spending.

"As a result, a significant amount of economic slack has been absorbed," the bank said, adding that the remaining slack is expected to be gone around the end of this year, which is earlier than the bank anticipated in its April Monetary Policy Report.

Cost of cleaning up after homeless rising | Deseret News

While the number of sweeps per year has held steady, the cost of the cleanups has risen about 5 percent since 2014, mostly due to inflation, county health officers say. And it's on track to tick up a bit more. For the first half of 2017, the price tag is $348,000.

The cost could climb even higher in the next few years.

House Speaker Greg Hughes, who met with Gov. Gary Herbert and Salt Lake city and county leaders this week to address crime and drug use in the Rio Grande area, said through his chief of staff Thursday that "more frequent cleanups will be included as part of the solution."

Even if more money is spent to haul away the waste, Hughes spokesman Greg Hartley said in an email statement, "it will mean less effort and cost for individual cleanups because not as much filth will pile up."

Advocates stress that more resources are needed to help Utah's homeless — not just to clean up after them.

"At this point, it may be a necessary cost," Volunteers of America - Utah CEO Kathy Bray said in a statement. "However, it would be great to see this sum of money be allocated toward the building of affordable housing for those at risk. We need to find a balance between current need and investing in a long-term solution."

At what point will China stop lending the U.S. money?

At present, the U.S debt to the Chinese government is quickly approaching $1 trillion in treasury bills. At what point will China decide that the U.S. cannot pay them back in full, and stop buying treasury bills?


When they start buy more of the stuff the make themselves and no longer need a trade surplus to make their economy grow so do not need to fiddle with the exchange rate to keep their stuff cheap when priced in $. The time may be coming soon.