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Socialism failed because it couldn’t tell the economic truth; capitalism may fail because it couldn’t tell the ecological truth. ~ Lester Brown Update: This article was selected for the Best of Money Carnival #61 posted at Canadian Personal Finance Blog. Thanks Big Cajun Man! On Monday, we looked at 5 financial bubbles floating around our economy and asked whether the proliferation of bubbles could [...] Continue reading The Culture of More: 5 Socioeconomic Bubbles Ready to Pop Economic advance is not the same as human progress. ~ John Clapham Update: This article was included in the Carnival of Personal Finance #267 at Beating Broke. Thanks! We’ve heard a lot about bubbles in the economic world over the past decade – so much, in fact, that it seems like we might be facing a bubble of bubbles. But what does that mean to the average person? [...] Continue reading 5 Financial Bubbles: Are We Facing a Bubble of Bubbles? Happy Canada Day! In honour of the occasion, I thought I might go over some of the economic reasons we love living here, and why you might want to move here if you don’t already. These aren’t my ideas, by the way. I found them in an amusing post over at The Daily Reckoning that cautioned as follows: Don’t Underestimate Canadian Economic Growth. I’ve acknowledged the [...] Continue reading A Dozen Good Reasons to Move to Canada Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~ Sam Ewing Will we have inflation or deflation? This is probably the most important question facing investors right now. There are plenty of smart people who argue convincingly for each. All of them make very good points. But who is right? If you asked [...] Continue reading Inflation or Deflation: Which Is It? The Canadian Economy does not operate in a vacuum and we are not isolated from global events, as we saw in 2008 and early 2009. ~ David Rosenberg Update: This article was included in the Carnival of Personal Finance #260 posted at Rainy Day Saver. Thanks! On Tuesday the Bank of Canada became the first central bank of the G7 countries to raise interest rates. Granted, the BoC’s [...] Continue reading Canada: Golden Child or Tag Along Sibling? |
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