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Olduvai III: Catacylsm
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Wall Street Journal Boosts Gold FOMO

Wall Street Journal Boosts Gold FOMO They hate that everyone suddenly wants physical metal The Wall Street Journal just published a long article (reposted via MSN) lamenting the fact that everyone suddenly wants gold. So thanks, WSJ, for the FOMO boost: Inside the 21st Century Gold Rush (MSN) – Eric Vazquez, a lineman for a […]

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Welcome to the Crazed, Frantic Demise of Finance Capitalism

Welcome to the Crazed, Frantic Demise of Finance Capitalism The cognitive dissonance required to ignore the widening gap between the real economy and the fraud’s basic machinery–speculation funded by “money” conjured out of thin air–has reached a level of denial that can only be termed psychotic. When scams start unraveling, the scammers become increasingly frantic […]

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CMHC Finds Irrational Exuberance in Vancouver & Toronto

CMHC Finds Irrational Exuberance in Vancouver & Toronto There is much to learn from financial mania’s. In particular, the role of human behaviour responsible for inflating asset prices to previously unimaginable heights. Economist Robert Schiller has done some excellent work on this topic in his book Irrational Exuberance. In essence, Schiller highlights a few key […]

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CMHC: 55% Of Toronto And Vancouver Real Estate Buyers Were In A Bidding War

CMHC: 55% Of Toronto And Vancouver Real Estate Buyers Were In A Bidding War Have you ever woke up after a night of drinking, and only had a vague recollection of what happened? Then your responsible friend sets off a chain of text messages, trying to figure out where you went wrong? Well that’s what […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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