Time Is Different News Today

The Source for Market Opinions

Practically every point in Conservative Party leader Pierre Poilievre’s story about housing affordability and debt—captured in two recent ‘mini-documentary’ films released across his social media channels—sounds compelling until one bothers to look up the claim. When one does, however, that same point turns into evidence Poilievre is proposing national economic suicide.

AFTER more than a decade of overbuilding and overborrowing, the moment of reckoning is here for China’s real-estate market. Sales are down, prices are down, construction is down, developers are defaulting, and contagion is spreading to the shadow-banking sector. A Goldilocks outcome remains possible. Sales have fallen so far that…

China’s property correction.

The Source for Market Opinions

Financial crises have plagued economies worldwide for decades and have been the subject of much analysis, partly in the hopes of averting their devastating effects in the future. What are the four main types of financial crises, and what have we learned so far about what contributes to their creation and the measures taken to combat them?

No one lends or borrows dollars. They lend or borrow what dollars can be exchanged for.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

One of Jamie Dimon’s daughters called him up from school with a question more than a decade ago: “Dad, what’s a financial crisis?” The billionaire who runs JPMorgan Chase tried to put her at ease.

One of Jamie Dimon’s daughters called him up from school with a question more than a decade ago: “Dad, what’s a financial crisis?” The billionaire who runs JPMorgan Chase tried to put her at ease.