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Daily Archives: April 16, 2018
Blast from the past
Yesterday as Mother Nature was showing us all who’s boss and pounding Ontario with a mid-April snowstorm, I got to cleaning out the storage space under our stairs–as one does. I came upon a bag of forgotten artifacts and papers. … Continue reading
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Toronto property market fueled by debt and irrational exuberance
Ralph Waldo Emerson wisely observed that “A man in debt is so far a slave.” I have regularly pointed out that those reaching for dramatically over-valued assets using debt are risking financial suicide. The two go hand in hand: for … Continue reading
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Steve Keen: debt jubilee part of the fix
I have said many times since 2007, that the scale of the debt weight pressing down on the masses and the world economy suggests that knocking off zeros will be needed to get out from under. That can only help … Continue reading
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