The minutes of the latest Fed meeting show that their quantitative easing programs may terminate sometime in 2013. Yeah right! There are two ways to interpret this lofty and fanciful goal: either the Fed has no idea about how an economy works, or that the Fed understands very well the catastrophe into which it is leading […]
Tag Archive | "Low Interest Rates"
QE1, QE2, QE3, QE4…….. Terminate?
Posted on 08 January 2013.
Posted in Economic CrisisComments (308)
Canada’s Housing Bubble – Has Cooled but When Will it Crash?
Posted on 18 December 2012.
Recent Canadian real estate data shows that the housing market has cooled; however, the much needed correction of valuation is far from over. Overall the housing correction was felt the most in Calgary; cities less affected were Regina and Montreal. Take a look below for average price statistics: Canada’s Housing Price Statistics Besides Calgary, the decline […]
Posted in Housing BubbleComments (852)
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