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Category Archives: Main Page
China: another debt boom goes bad
Data from China grows grimmer by the day. Construction spending that had driven some 70% of Chinese GDP the past few years is officially reported as down 18% to date and falling. But with massive overbuilds and mal-investment nationwide tangled … Continue reading
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The legacy of product pushers posing as advisers
As I have written many times, a major source of the harm inherent in the finance sector today, is that its product pushers are allowed to be marketed as advisers to a vulnerable public. The effects are routinely devastating for … Continue reading
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Seller’s market no more: 70%+ homes selling under list in Winnipeg
Canada’s housing market has begun a long overdue trek back to realistic valuations. This will be bumpy, but much needed. The days of selling your home in Winnipeg for well over the list price thanks to multiple offers are over, … Continue reading
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