Category: Economics

What’s really going on

Economic Recovery?  Don’t believe a word of it.   Here is what is really going on: From Michael Snyder: In America today, only 47% of adults have a full-time job. According to one recent...

Oak Bay Real Estate languishes

Yesterday while looking at real estate listings at an Oak Bay Realtor, a guy actually came out of his office to talk to me and see if he could be of any assistance.  Not...

Victoria gets a spanking

Here are three Victoria homes of note, now suffering Mr. Market’s spanking. “Eagles Landing.” 3275 Campion Rd . Originally listed at $10.8 million. Now $6.7 million. “Ardmore Hall.” 9344 Ardmore Drive. First listed at $13...

Cyprus – Way worse than you think

Cyprus? Let’s see…, a 2-week old government that cut a deal with the troika. A little over a week later, the Finance minister responsible for the deal has resigned and president Anastasiades’ son in...

The iEconomy

The New York Times has a very interesting feature article on the iEconomy this weekend –  Well worth a read.  Lots of people making APPs and billions of dollars in sales, which is great,...

New Lexicon and general be-fuddlement

As Europe circles the drain, there is general be-fuddlement and a whole new lexicon.  Consider:   “Spain is not Greece.” Elena Salgado, Spanish Finance minister, Feb. 2010 “Portugal is not Greece.” The Economist, 22nd...