Daily Archives: July 18, 2013

New study: Canadians can’t afford the houses they are living in

A new 18 page report on the Canadian credit and housing boom comes to a sober assessment which we have been warning on for some time: “Canada borrowed its way out of the 2009 Recession by stoking our residential housing … Continue reading

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Postcards from the real economy

As the business media is all a flutter about what words big Ben might include in his answers to the Senate today, we have a few more big picture postcards from the real economy to ponder, courtesy of Zerohedge: tech … Continue reading

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Hot summer memories

It is 30 Celsius on the east coast today, 40 with the humidity. The kids are living in tents this week at camp–no doubt spending a lot of time in the lake. This clip made me giggle. Brings back a … Continue reading

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More smart thinking: transient electronics

“They are called ‘transient electronics.’ Researchers at the University of Illinois at Urbana-Champaign are studying how to make devices, like cellphones, disappear or dissolve so they don’t pose a threat to the environment.” Here is a direct video link.

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McDonald’s says it will change meat recipe

“Hamburger chef Jamie Oliver has just won a battle against one of the largest fast food chains in the world. After Oliver showed how McDonald’s hamburgers are made, the franchise announced it will change its recipe.” See more at: Jamie … Continue reading

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Central bank bluffs being called amid next global recession

Europe is again coming apart at the seams as the extend and pretend liquidity stitches of the past couple of years have once more worn through revealing a still torn, and now even more indebted, society. See this excellent update: … Continue reading

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