Comments on: Economy the key issue in this election?

By: Bob

Bob — Wed, 24 Sep 2008 11:29:08 +0000

Here's an interesting article from Merril Lynch. http://canadianpress.google.com/article/ALeqM5iZK…

Here's a response by Harper.

http://www.cbc.ca/canada/story/2008/09/24/canada-…

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By: john

john — Wed, 24 Sep 2008 08:46:36 +0000

I've said it before and I'll say it again. BC's economy is in tip top shape and it's because of the beach, the rain and rich asians. Condos have a big part to play in the booming BC economy too. Just drive out to the Okanagan and have some wine. We've got salmon and crab too. It's the best place on earth and the economy knows it.

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By: Crabman_

Crabman_ — Wed, 24 Sep 2008 07:59:42 +0000

Do you think that the canuck real estate bubble is smaller than the US? No. From The Globe and Mail: The ratio of house prices to rents is now 25 per cent above the average. The ratio of house prices to incomes is also a troubling statistic: It is now about 4:1, meaning that the average house price is four-times the average household's annual income. During the previous cyclical peak, in 1989, the ratio topped out at 3.2:1. Even more troubling, the U.S. market topped out at 3.9:1 in 2006, just before doom set in. RBC has the affordability of major Canadian markets since 1985 here. The following cities have record low affordability: Saint John Halifax Saskatoon Calgary Edmonton Vancouver Victoria

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By: Brittanny

Brittanny — Tue, 23 Sep 2008 22:49:45 +0000

Friend of mine just got laid off who works for a company that makes large trucks for the construction industry. They were making 40 trucks a month. Now making 1 a month. Just sayin.

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By: Anonymous

Anonymous — Tue, 23 Sep 2008 22:25:57 +0000

thanks patriotz, I didn't have time to look up the issue of property rights in the US. Once again, it would be interesting to have some data to compare the two jurisdictions. Alas.

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By: Anonymous

Anonymous — Tue, 23 Sep 2008 21:56:11 +0000

Gadwin said: Thanks ReductiMat. I wrote most of that post, except for the cited quotes and references. I’m surprised nobody is talking about Credit Default Swaps yet. Not a big deal though. In time, everybody will learn and will be discussing Credit Default Swaps. Gadwin, you are ahead of your time.

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By: patriotz

patriotz — Tue, 23 Sep 2008 21:42:16 +0000

From the link in #49: For the past 25 years we have lived through a glorious party. We have all — governments, companies, banks and, of course, consumers — lived beyond our means and are paying the price. There it is in a nutshell. The party is over. And nowhere has the party been more excessive than in BC. Gordo's "golden decade" is going to end in the hangover of a lifetime. Think the 80's were bad? This is going to be a lot worse.

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By: Time

Time — Tue, 23 Sep 2008 21:33:00 +0000

Economy the key issue in this election? *Approved immune system*Economy is not bad here *Unemployement rates are more than 30 year low*Child benefits are up*Income tax is down*Student loan is down/*Cdn university to offer free tuition for top students *Gst is down by 2%*Tax rebate for first time buyers is up*Increased amount of basic personal income /*save more by sharing with spouse*Interest rates are low. When real estate bears complain about insane prices the above bundel is a relief for common people,I am not restricted to any political party but you can read the election result from the bundel above. And oye that is my opinion so please do not yell at me like angry bear.

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By: Morally bankrupt

Morally bankrupt — Tue, 23 Sep 2008 21:17:15 +0000

People like thumbsucker2 think that this is all a game. It's just numbers and words. But words are powerful, and life is not a game. Numbers represent real money to real people, most of whom struggle in various ways. So thumbsucker2 or whoever you want to call yourself on a given day, take a good look in the mirror and ask yourself "Is this asshole really me?" Maybe it's time to change?

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By: Anonymous

Anonymous — Tue, 23 Sep 2008 21:02:24 +0000

Apocalypse Now?: New world order could have devastating implications for Western nations

http://www.dailymail.co.uk/news/article-1058601/A…

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