Monthly Archives: May 2012

More on the Canadian Housing Market

Good segment on the Housing Market last night on CBC. Worth a watch. Here is the direct link. Main supports to this bubble have been the usual suspects of artificially suppressed interest rates and government (taxpayer) underwriting of lender risk … Continue reading

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Good discussion on income disparity in America

The perpetual discussion about the ongoing battle between rich and poor, between the one percent and the ninety-nine percent, has generated a great deal of heat, but not much light. With The Great Divergence: America’s Growing Inequality Crisis and What … Continue reading

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Fed’s Fisher: Without more demand, monetary stimulus won’t work

Dallas Fed President Richard Fisher has a message for Congress: “They have to do their part; we’ve done ours.” “If you want the bottom line: what we do is necessary but not sufficient,” he says. “Unless you have right fiscal … Continue reading

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