The lessons of history have been ignored by governments who have continued to maintain cheap credit…
Canada’s Business
Unintelligent intelligence
From time immemorial many have attempted to predict the future. In ancient Greece people visited…
Magic ingredient
What can we do to make the Canadian economy grow faster? Right now we should consider the magic…
An obsession
The current widespread trend of buying luxury goods has become almost an obsession, a curious…
Lower oil prices
According to Greek mythology, the one characteristic the gods resented was hubris, self-pride.…
Responsibility
There is a curious phenomenon nowadays when politicians pose heroically by admitting that they made…
An ‘elderquake’
In previous generations in a strict middle-class family, it was almost an axiom that children…
Bleak prospect
No one has been able to consistently predict the course of the stock market. However, one…
Irrational exuberance II
The North American stock markets continue to defy gravity, ignoring dire predictions that a Donald…
Be patient
Why some people have been successful investors, to accumulate more money than others, really is not…
Not much help
If you wish to rely on economic predictions, particularly longer term ones, you will discover that…
The end of the wave
At one point some 50 years ago, shopping malls became “the wave of the future.” They…
The ebb tide
For years, a tide of immigrants has flowed into Canada, seeking better job opportunities, or in…
Shoring up confidence
Political leaders almost always have chosen to be optimistic about the economic outlook. It is well…
Original sin
In view of the severity of the current economic downturn, it is essential to determine what caused…