Robust Economy kicks Shiller to the Curb

[VancouverGoinUp]

Folks,

A lawsuit should be pending for Shiller and Co as he is responsible IMO for one of the biggest losses of wealth in History. His random flailing of "facts" in regards to Vancouver was dead wrong.

Caution listening to Shiller may be hazardous to your Wealth

Listen to todays Great Great News

CALGARY, Alberta (Reuters) - Canada's economy remains robust despite economic turmoil in the United States, Finance Minister Jim Flaherty said Wednesday, with government finances in the black and growth expected this year and next.


In a speech to a Calgary, Alberta, business audience, Flaherty said Canadian economic fundamentals remain solid, even though the U.S. housing and credit markets are in turmoil.

"Canada's economic future is bright and I say that based on the economic fundamentals of this country, which are solid,

[zoog]

Re: Robust Economy kicks Shiller to the Curb

Folks,

A lawsuit should be pending for Shiller and Co as he is responsible IMO for one of the biggest losses of wealth in History. His random flailing of "facts" in regards to Vancouver was dead wrong....

You've really made quite the strawman out of Robert Shiller. He made a statement on ROBTv back in April of 2005:

The bubble is building in "glamour cities and glamour vacation areas" in the United States and Canada. Ominously, Prof. Shiller says that "Vancouver is the most bubbly city in the world." He says that city has a history of volatile housing prices but he doesn't see the same level of bubbliness in the rest of the country's housing market.

As far as I know he's not made any public comments on Vancouver since. One guy, one statement, and you think he's personally responsible for "one of the biggest losses of wealth in History"? Hyperbole. Vancouver housing prices have gone up nearly 50% since April of 2005. Doesn't seem like anyone payed any attention to him, except for you.

[metalman]

Re: Robust Economy kicks Shiller to the Curb

You've really made quite the strawman out of Robert Shiller. He made a statement on ROBTv back in April of 2005:

As far as I know he's not made any public comments on Vancouver since. One guy, one statement, and you think he's personally responsible for "one of the biggest losses of wealth in History"? Hyperbole. Vancouver housing prices have gone up nearly 50% since April of 2005. Doesn't seem like anyone payed any attention to him, except for you.

it's all VancouverGoinUp's fault. he's been pumping up vancouver prices on itulip, driving the market wild! soon he'll have the torch and pitchfork crowd at his door!