Monthly Archives: July 2016

IMF’s independent evaluation report offers scathing review

A new report by the International Monetary Fund’s (IMF) Independent Evaluation Office (IEO) offers a scathing review of an organization dominated by political bias and classic human errors of wilful blindness, cognitive dissonance, complacency and “superficial and mechanistic” analysis , … Continue reading

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Vidya’s Veggie Gourmet: for body and soul

Last night we celebrated my birthday at Vidya’s Veggie Gourmet Restaurant in Thornton, north of Toronto.  It was an incredible experience.  The menu is organic, vegan, exquisite, authentic, delicious and inspiring.   Hats off to the owners, chef and staff for … Continue reading

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Politics as usual

The party powers that be would not allow Sanders to become Democratic nominee–proving yet again, that personal integrity is an impediment to political appointment: Sanders is the rare politician who is not a schmoozer or a pleaser or a prevaricator. … Continue reading

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High debt and high realty prices: an Italian study

This story is a cautionary tale of how romantic ideas go bust on the rocks of too much borrowed money, and the high realty prices it enables. See:  How a Tuscan business dream became and Italian bad loan nightmare.  Footnote:  … Continue reading

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Hillary Clinton’s war on Wall Street?

I am skeptical in general of both parties and their commitment to make needed reforms to status quo rules. Talk is cheap and lobbyists and big business money runs deep.  More than 40 years in politics, the Clintons have a … Continue reading

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Ontario needs to enact foreigner buyer tax too

B.C.’s government surprised many observers on Monday by announcing an additional 15 per cent property transfer tax on foreign homebuyers. BMO Capital Markets Chief Economist Doug Porter called the move “entirely justified” amid persistent double-digit home-price gains in the province. … Continue reading

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