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Daily Archives: November 11, 2015
PBO: “global economy much weaker than anticipated”
But, but, sell side analysts are so confident things are getting better by the day… Economic outlook is worse than expected, which may make it tougher for the new Liberal government to meet some campaign promises. Here is a direct … Continue reading
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Sober thoughts on campaign promises
Tom Friedman’s latest NY Times OPED on the US presidential race is worth the time. Nice to see some adult thoughts for a change. See: Voters, You can have everything!: “Not only do the tax-cutting plans offered by the leading … Continue reading
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CMHC CEO: big real estate risk on Canadian taxpayers
As in other countries, the institutions who have originated record levels of high risk loans have collected their rich commissions and fees up front and downloaded the risk of loss on to we the taxpayers. Brilliant business model for them. … Continue reading
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