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Which gives me an idea. Maybe they should just redraw a couple of lines a few hundred miles. The immediate jump in median housing prices should act as a great stimulus. It sure couldn't do worse than the printing press!

I googled "Vancouver empty condos" and found several articles. My friend was renting in yaletown and I found this quote from one dated last month: "In Coal Harbour – an area that boasts some of the most expensive properties in Canada – the vacancy rate sits at 23 per cent, said Yan."...

Sorry I should have been more clear. I use ZIRP as zero interest rate policy. Policy meaning it is a choice. And therefore deflation and inflation are also a choice and as such difficult to know the winner at times. (Keynesians vs Kondratiev-ites.)

When I use per capita, I mean the whole population not just some parts. More information on the anecdote (I find it hard to believe myself and have not personally verified it): My friends were renting at 5000 a month they said. I said wow these places must be worth a lot and selling like...

One clue is the difference in owner equity and required down payments. ARMs didn't get started in a big way here - mostly by luck I think.

Alberta has a slight climb in housing prices right now. The unemployment is low, the weekly wages are high, and Calgary has the highest number of Americans per capita (outside of the USA) living here last I heard. Why shouldn't average weekly wages climb to over 1100. I am quite surprised...

It would be a mistake to say that they are not doing anything. I have heard that they have quietly allowed themselves to insider trade again. What great people! (It kind of brings a tear to your eye thinking about them.)

So let's summarize this bail-in concept minus the politically correct words. The ZIRP is causing TBTF banks to seek out others to insure their increased risk caused by their need to move up the risk curve to stay in business. The government anti'd up the first tranche with TARP but is...

No, I am pretty sure they trade in separate locations!

.... until it goes horribly wrong and then it will be our fault somehow! I sometimes tell friends after discussing this subject, when they say what should we do: let's hope and pray that there really is a conspiracy - at least then we will have someone competent managing our affairs! We...

By the way, I am pretty certain that the G20 ( or maybe G19 now that Japan has started printing wildly) is orchestrating many of these "random" common policies. We have a world financial government by default and we don't control it. I have an uneasy feeling that it's all going to end badly for us.

I think this is a good thing in the long run. At least it is being talked about. The problem with TBTF is that with no risk perception, banks can do anything they like. The risk is borne ultimately by the system. There was never sufficient money set aside for insuring bank deposits so detailing...

Interesting call. If you can't be wrong twice, you must be one of the richest people on the planet! I didn't read this until today but FWIT, one source I have followed for years also called a potential top on April 11. (I know you don't follow him.) He then confirmed it on Monday April 15th...

If you believe this, then it will be true for you. However, for me, one can come and go as often as one likes to trading.

Over hear we have lots of stuff to put on those allotments. Politicians produce it by the yard and one must be careful not to step in too much of it.

Years ago, I wondered why we didn't count the total number of welfare recipients in Canada. You have the regular ones, the doctors, the nurses, the post office mail carriers, the politicians, the large companies creating jobs, etc. etc. etc. The numbers would astound us. If we were to dead stop...

FWIW and IMO: I use firefox on my backup computer and Chrome on my Win7. The issue with firefox is their perennial slow memory leak due to the hand off of helper programs (like adobe, flash etc) that don't release memory properly. Maybe that issue has been fixed. I like firefox a lot. The...

I trade using Windows 7 and an 4 core I7 computer. I am wondering about the upgrade path from here. It is about time for me to buy a new computer and I don't fancy Win 8. Has anybody else faced this issue and resolved it? My software runs on windows, but there is a version that is browser...

An excellent comment. It made me realize something I forgot to say. All my life, I was aiming for a higher probability of success and never the biggest success. That is my temperment. That necessarily means taking less return under certain circumstances. (Think of a bell curve - one person...

I agree with this philosophy. I began looking at success and failures in business, careers, life etc. in the 1980s. I talked with one man who made 25 million in a company and his cousin that was at the same party who lost his shirt on an equally large company. He thought his cousin was so smart...