Daily Archives: August 28, 2018

The financial business lives to churn out products for mass consumption, and they are excellent at selling them to us.  The trouble for buyers is that they tend to be different-wrapped packages of the same highly correlated securities, and so … Continue reading →

What rises on record credit and speculation, also deflates as those same forces mean revert. This clip is a good summary of how real estate has inflated the Canadian economy the past decade.  ‘Hoping it won’t’ cause economic drag as … Continue reading →