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Daily Archives: August 17, 2017
The math of paying too much
This past spring Canadian realty prices leapt to a fevered peak that was far beyond historical norms of affordability or investment valuations in many areas. Since then prices have weakened pretty much all over and many are in shock. See: … Continue reading
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Epic default cycle accelerating in China
Former Fitch credit analyst Charlene Chu was one of the first to warn of rising risks in China’s shadow banking system. Chinese banks have been concealing risky credit in ‘off balance sheet vehicles’ (same accounting tricks that bankrupted Enron and … Continue reading
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The death and rebirth of rotorcraft commuting
Interesting historical perspective and update on evolving shared transport services using mobile apps and EVTAL (electric, vertical, take off and landing) rotorcrafts. Fifty years ago, a helicopter company called New York Airways whisked passengers from the rooftop of the iconic … Continue reading
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