credit crunch

Movie Monthly: Inside Job

Submitted by RA on Thu, 10/28/2010 - 12:22

The face of the financial crisis has taken many forms, from people lining up outside banks desperate to get at their savings, to the dilapidation of newly built suburban homes that have been foreclosed on. Inside Job, a punch-packing documentary by San Francisco based Charles Ferguson, the director who previously picked through the wreckage of US Iraq policy in No End In Sight, goes straight to the top.

Why Is Gold Different?

Submitted by RA on Mon, 02/08/2010 - 14:52

"This time it's different." Four words that should instill dread in even the most bullish investor.

Is Inflation Alive and Well in Canada?

Submitted by RA on Tue, 07/21/2009 - 12:44

The Bank of Canada is sticking with its record low interest rate of 0.25% and is expected to remain with the loose, "stimulative" monetary policy through to next year. Apparently without it the goal of "sustained global growth" wont be achieved and we'll slip into a deflationary spiral.

Vancouver's house prices "more affordable" but still "exorbitant"

Submitted by RA on Fri, 04/17/2009 - 02:08

Low interest rates are beginning to have an impact on the cooling housing market. That and the growing threat of unemployment in the plummeting global economy, says a report from Canada's biggest bank, Royal Bank of Canada.

Economic Armageddon Revisited

Submitted by RA on Mon, 03/30/2009 - 10:59

Brian Milner of the Globe and Mail caught up with Vancouver's own "prophet of doom" Ian Gordon in a short weekend article.

BCREA Now Sees 14% Drop in Vancouver House Prices in 2009

Submitted by RA on Mon, 02/02/2009 - 13:05

The British Columbia Real Estate Association (BCREA) has, again, revised downwards its predictions for Vancouver House prices in 2009. BCREA now sees Greater Vancouver home prices falling 14% and BC house prices falling 13% in 2009.

Campbell: Green? Not likely...

Submitted by RA on Tue, 01/27/2009 - 02:18

David Beers, editor of The Tyee, lays out pretty clearly where Gordon Campbell's priorities lie when push comes to shove with greening the BC economy.

Obamamania

Submitted by RA on Tue, 01/20/2009 - 02:17

Barack Obama is hours away from being sworn in as President of the USA: few presidents can have entered office with so much expectation.

Housing Market Going South in 2009

Submitted by RA on Sun, 01/18/2009 - 03:07

The British Columbia Real Estate Association came out with stats for the BC housing market in 2008 last week showing that the downward momentum continues to build.

Who'll Be First to Break Up? Canada or USA?

Submitted by RA on Mon, 12/29/2008 - 20:52

It's been well documented that the social malaise that accompanies economic downturns allows radical groups and fringe parties to expand their sphere of influence and power.

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