Monthly Archives: April 2010

The latest on Strategic Defaults

PBS did a revealing segment on home owners who have entered into strategic mortgage defaults as a “business decision.” Hat Tip: Tim Iacono The fact that people are able to live mortgage and rent- free for a couple of years … Continue reading

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The reality behind the Canadian recovery miracle

Over the past few months, we have been trying to politely point out that the rebounding Canadian housing bubble of the past year has been the main prop behind Canada's 'miraculous” economic recovery to date. Canadian GDP (we have argued) … Continue reading

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Alternative energy solutions still fighting hard against the status quo

The Pickens Plan to substantially reduce dependence on foreign oil is still alive and well and moving through the political motions this week: As part of the “alternative” energy solution Algae is still an exciting up and comer. Remarkably today … Continue reading

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