Blogspot - albertabubble.blogspot.com - Alberta Bubble

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You buy a house for half a million dollars and... 4 Feb 2010 | 04:31 pm

...one early evening(8 pm) you hear a doorbell. You are surprised to see someone who resembles your neighbor. He asks if the sound of music that he's hearing is coming from your house. You wonder, wha...

Weekend Open Thread 23 Jan 2010 | 03:37 am

Retail sales in Canada down sharply in November. Ex-gasoline, sales fell 1 per cent in November. You won't find a glorified mention of this item in the mainstream media. Why? Because they will be hig...

And then they'll say they never saw it coming 8 Jan 2010 | 07:35 am

Almost all the 'institutional liars' claim that they never saw the financial crisis coming. In the Canadian context, we were told that there won't be any recession. Prior to that, circa 2007, there wa...

The Day of reckoning is coming 24 Dec 2009 | 08:40 pm

Here’s something to ponder on the Christmas eve: Alberta finally has seen negative inter provincial immigration (something we did mention several quarters ago as a distinct possibility). We have also ...

China Bust Scenario 19 Dec 2009 | 04:47 am

Is China overheating? An interesting post from Mish. Of great interest should be the video below where in a brand new huge city has been built with the obvious motivation of boosting the GDP numbers. ...

Yet another voice on Bubble 17 Dec 2009 | 05:23 am

It seems all the contrarians who successfully called the US housing bubble and global credit bubble are somehow feeling remiss in their obligations to their readers by holding back in their perspectiv...

Canadian Housing is a Bubble, says Rosenburg 11 Dec 2009 | 04:11 am

One of the better known analysts who is bullish on Canada, the loonie and overall Canadian economy has a somewhat surprising take on the Canadian housing market. Dave asks, if the Canadian market is i...

Real estate surge no ‘blip,' TD says 2 Dec 2009 | 06:09 am

How do you categorize the definat housing market in face of rising unemployment, continual contraction of the economy, global recession, massive problems in the economy of our largest partner, surging...

Weekend Open Thread 21 Nov 2009 | 04:52 am

Short term rates in the US are negative again. There's certainly the fear of inflation that is about to be unleashed imminently, but for now, TBTB know that there's nothing to be afraid of by getting ...

Weekend Open Thread 7 Nov 2009 | 03:17 am

Officially double digit unemployment in the USA. Too bad, the unofficial or the other official metrics of unemployment are much higher. Canada is not doing so badly at a mere 8.6%. But what's this, s...

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