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How the US Establishment Lies Through Its Teeth, for War Against Russia
How the US Establishment Lies Through Its Teeth, for War Against Russia The same people, Republicans and Democrats, who lied through their teeth for an invasion of Iraq in 2003, are doing it again for an invasion of Russia, sometime soon, so as to ‘defend’ ‘democracy’. The US has by now swallowed up virtually all lands surrounding Russia, at […]
Momentous Shift in US Natural Gas, with Global Consequences
Momentous Shift in US Natural Gas, with Global Consequences And this is just the beginning. The year 2017 was when the US became a net exporter of natural gas for the first year in history. The production of natural gas has been surging since 2007, when fracking turned into a boom, whittling away at the […]
Canada Will be the Most Impact by a Steel Tariff
Canada Will be the Most Impact by a Steel Tariff Canada is the largest exporter of steel to the United States. The decline in the Canadian dollar has helped this trend in particular. Trump is clueless when it comes to the impact of currency on foreign trade. If he wants to do tariffs, they MUST […]
The Pricking of the Canadian Real Estate Bubble?
THE PRICKING OF THE CANADIAN REAL ESTATE BUBBLE? First of all, sorry for the lack of posts lately. Long story, but rest assured, I am back on track and the old ‘tourist regular postings have resumed. Next up, today I will write about Canadian real estate. I know, many of you find that about as […]
America’s News Media Foment Hate
America’s News Media Foment Hate Like was shown in the movie 1984, in its two-minute section “Two Minutes of Hate,” the US-installed Ukrainian regime on Russia’s doorstep, will soon be debating a bill to make hate of Russia obligatory to be inculcated into all Ukrainian children. The Hill, on 9 November 2017, had the extraordinary courage to publish an opinion-piece […]
Real Estate Bubbles: These 8 Global Cities Are At Risk
Real Estate Bubbles: These 8 Global Cities Are At Risk If you had $1 billion to spend on safe real estate assets, where would you look to buy? For many funds, financial institutions, and wealthy individuals, the perception is that the world’s financial centers are the places to be. After all, world-class cities like New […]
Global Growth? Retail Sales Flop in US, UK, Canada, Germany, Australia
Global Growth? Retail Sales Flop in US, UK, Canada, Germany, Australia Consumers unexpectedly threw in the towel in 5 countries but the central banks and the IMF insist everything is fine. On February 14, I noted US Retail Sales Dive, Negative Revisions Too. This will impact both 4th quarter and first quarter GDP estimates. On […]
U.S., Canada Face Off For LNG Dominance
U.S., Canada Face Off For LNG Dominance Considering that the North American shale revolution is the key global energy development of the past decade, it’s surprising that Canada’s natural gas production has actually been falling. Canada is still the world’s fifth largest gas producer, but output has dropped around 15 percent over the past 15 […]
Canada’s Oil Crisis Continues To Worsen
Canada’s Oil Crisis Continues To Worsen Canadian oil producers can’t get a break. First it was the pipelines — there are not enough of them to carry the crude from Alberta’s oil sands to export markets. This pipeline capacity problem has been forcing producers to pay higher rates for railway transportation, which has naturally hurt […]
Is This New Tar Sands Technology a Game Changer for Exporting Canada’s Bitumen?
Is This New Tar Sands Technology a Game Changer for Exporting Canada’s Bitumen? A new technology has the potential to transform the transportation of tars sands oil. Right now, the already thick and slow-flowing oil, known as bitumen, has to be diluted with a super-light petroleum product, usually natural gas condensate, in order for it to flow […]
Rising Interest Rates: New Era with Tough Outcomes
Rising Interest Rates: New Era with Tough Outcomes What will the bond market do? The conniptions in the Treasury market are causing pain in existing portfolios but offer opportunities down the road. What’s the impact of these rising interest rates on the housing bubbles in the US and Canada? Where is the pain threshold? […]
Canada vs. Venezuela: Have the Koch Brothers Captured Canada’s Left?
Canada vs. Venezuela: Have the Koch Brothers Captured Canada’s Left? Photo by Eden, Janine and Jim | CC BY 2.0 With a U.S.-backed military coup or invasion in Venezuela looking ever more likely, Canada’s progressive leftists are pushing for the federal New Democratic Party (NDP) to abandon its “reactionary” foreign policy position on that country. […]
Canadian Existing Home Sales Crash In January
Canadian Existing Home Sales Crash In January After five straight months of acceleration, January saw Canadian existing home sales crash 14.5% – the biggest drop on record… Home prices rose 2,3% over the past 12 months, but it appears a sudden close-eye on Chinese buyers has hit the market hard as Toronto home sales crashed […]
The pumped hydro storage potential of the Great Lakes
The pumped hydro storage potential of the Great Lakes The potential energy contained in the waters of the Great Lakes amounts to approximately six thousand terawatt hours, enough to supply the US and Canada with electricity for an entire year were the lakes to be drained to sea level. This of course will never happen, […]
Oh Canada! Part-Time Jobs Crash Most In History
Oh Canada! Part-Time Jobs Crash Most In History The Canadian job market has never lost more part-time jobs – ever – than in January… Canada’s unemployment rate rose to 5.9% as total job losses for January dropped the most since 2009, but it was the 137,000 collapse in part-time jobs that stands out. So what […]
