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the local all news[*] radio usually carries a 2 minute interview with "Sr. economist / VP / talking head of some bank or other" or the author of some popular book
Well shock the heck out of me, they said the word bubble yesterday. The TD economist they were interviewing pooh-pooh'd the whole notion, of course.
Not being one to keep up on the MSM news I only found this after the fact. Looks like something they HAD TO say something about, to reign in any negativity.
http://www.theglobeandmail.com/repor...rticle1400028/
Same general piece appeared in a bunch of Canadian MSM.
Some interesting hits as I was looking for the Merrill Lynch report
http://www.theglobeandmail.com/repor...rticle1400535/
"There is another camp. A small, but growing minority of experts are now warning of a more severe real estate bust in Canada. Last week, Bank of Canada Governor Mark Carney said excessive household debt poses the biggest threat to the recovery. "
http://www.greaterfool.ca/
[*] good traffic and weather, almost always totally clueless/incompetent on science & the economy
Well shock the heck out of me, they said the word bubble yesterday. The TD economist they were interviewing pooh-pooh'd the whole notion, of course.
Not being one to keep up on the MSM news I only found this after the fact. Looks like something they HAD TO say something about, to reign in any negativity.
http://www.theglobeandmail.com/repor...rticle1400028/
Same general piece appeared in a bunch of Canadian MSM.
Some interesting hits as I was looking for the Merrill Lynch report
http://www.theglobeandmail.com/repor...rticle1400535/
"There is another camp. A small, but growing minority of experts are now warning of a more severe real estate bust in Canada. Last week, Bank of Canada Governor Mark Carney said excessive household debt poses the biggest threat to the recovery. "
http://www.greaterfool.ca/
[*] good traffic and weather, almost always totally clueless/incompetent on science & the economy