Author Archives | Chris Ferreira

Overpriced Vancouver Homes

1016 East 7th Ave, Vancouver MLS® Number V930461 Listing Price: $899,000 (notice the boarded up windows!)

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Canada Housing Bubble – Part 2

From the previous post of the Canada housing bubble part 1, we showed that Canadians are stretched far beyond the limits of debt, with debt-income levels at similar levels to the United States before their housing collapse. However, the million dollar question is, for how long can this last? Before we can answer that question, […]

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Posted in Housing Bubble259 Comments

Canada Housing Bubble – Part 1

Real estate in Canada in recent years has seen some attractive appreciation despite the 2008 crash of us real-estate price. This trend of higher home prices has continued, especially for western provinces of Canada. Although, higher home price has been seen in other parts of the world, most notably; China, Australia and the UK. Although, […]

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Posted in Housing Bubble22 Comments

Rich Asians Buying Real Estate By Helicopter

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Posted in Housing Bubble20 Comments

Effects of Low Interest Rates – Part 1

Lowering interest rates can potentially boost economic activity as it increases both speculation and exports by devaluating the currency. Its effects, are artificial and temporary, at best. New growth caused by cheaper money must come from somewhere, and as I pointed out in another article “Fiat Currencies” this money comes at the expense of the […]

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Posted in Housing Bubble, US Dollar Collapse425 Comments

Why Unions are Bad – A Quebec Case Study

Unions are considered advantageous to the worker, since their main functions include pushing for higher worker’s salaries and benefits. This, unfortunately, is an illusion: the extra jobs that must be created to administer the unions and the power that some unions acquire outweigh any benefits to the worker in hindsight with the whole local economy. […]

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Posted in Housing Bubble1,715 Comments

The Flow of Money into Gold

The first thing I learned in my Thermodynamics class as a young engineering student was that energy can neither created nor destroyed, only transferred. During the course of my research, I have seen how this concept applies equally to wealth: Wealth is neither created nor destroyed, it is only transferred. Depending on the current environment, […]

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Posted in Gold and Silver794 Comments

Economic Forecast for 2012

As I stated in my previous article titled “Will there be a QE 3?”, weak market data coupled with negative market sentiment is being reflected in the stock market. 2011 was a dismal year for most stock investors. The chart below depicts the 2011 rate-of-returns for different asset classes. Also, our governments may decide to […]

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Posted in Gold and Silver, Housing Bubble, US Dollar Collapse28 Comments

Economic Reasoning; A Two-Faced Coin

What benefits a ‘part’ but devastates the ‘whole’ is ultimately detrimental to all components of the entity. A government policy that benefits one group of society while undermining the economy as a whole is destined for failure. To understand economics all interactions among all groups must be accounted for; the impact of a policy on […]

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Posted in US Dollar Collapse1,688 Comments

Will There Be a QE3?

Quantitative easing. The irony of such a concept is that to the uninitiated in economics, quantitative easing would be perceived as something good for our system, when in reality it undermines our economy by preventing it to function as a free market. A quantitative easing program is but a more sophisticated way of saying “money […]

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Posted in Gold and Silver, US Dollar Collapse1,624 Comments

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