Daily Archives: May 25, 2015

Impossible housing prices keep new entrants out even with low rates

All this house could be yours for $1.39 million in Greater Vancouver.  Even at the lowest mortgage rates in 90 years, residents are finding housing unaffordable. It’s not the interest payments that are the problem, it’s the principle sums that … Continue reading

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Stockman on the banker coup d’etat

Trillions in central bank-driven leverage into financial markets has driven up asset values to unsustainable levels which are totally unsupported by wage growth and savings while undermining productivity in the real economy. This has facilitated criminal extraction of capital by … Continue reading

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