Hilliard MacBeth @hmacbe
When the Bubble Bursts: Surviving the Canadian Real Estate Crash 2nd Ed- June 2018; ski, golf - 46 years as investment professional web.richardsonwealth.com/MacBeth.MacLeo… Edmonton Joined September 2011-
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To add insult to injury, the profits the banks make in lending this money is counted as part of GDP. So your financial pain is actually "good for the economy".
To add insult to injury, the profits the banks make in lending this money is counted as part of GDP. So your financial pain is actually "good for the economy".
Seven new Chinese cars tested by @EuroNCAP, all seven, even the tiny little BYD Seagull which was modified for Europe, got the full five stars. People still going round saying they're unsafe. 🧵1/2
"As soon as the land of any country has all become private property, the landlords like to reap where they never sowed." –Adam Smith
National housing emergency: Top Economist warns the US youtu.be/Sb1yUutwy5c?si… via @YouTube To make housing affordable, we don't need to build more houses: we need to control bank lending.
Why do the "printing money causes inflation" crowd ignore commercial bank credit creation?
Banks should not be allowed create new money to finance existing assets (stocks, bonds, houses...). This is the root cause of all speculation. The neo-feudal money creation privilege of private banks should be checked. New money only for new projects! x.com/ProfSteveKeen/…
Banks should not be allowed create new money to finance existing assets (stocks, bonds, houses...). This is the root cause of all speculation. The neo-feudal money creation privilege of private banks should be checked. New money only for new projects! x.com/ProfSteveKeen/…
Something unusual is happening behind closed doors in Washington.
"Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis hits." -Hyman Minsky
unbelievable!
The August U.S. jobs report is out, pointing to a weaker-than-expected labor market. Specifically: Job creation was 22,000, below the consensus forecast of 75,000. The three-month moving average for job creation is now just under 30,000. The unemployment rate ticked up to…
🚨🇨🇦 Alberta ALERT! Unemployment just spiked from 7.8% → 8.4% 😱 That’s the highest since July 2021 📉 The job market is cracking FAST⚡️💔
This is absolutely insane: In 5 days, the BLS is set to revise US jobs numbers for the 12 months ending March 2025. According to Goldman Sachs, a DOWNWARD revision of up to -950,000 jobs is coming. This would be the biggest downward revision since 2010. What is happening…
This is absolutely insane: In 5 days, the BLS is set to revise US jobs numbers for the 12 months ending March 2025. According to Goldman Sachs, a DOWNWARD revision of up to -950,000 jobs is coming. This would be the biggest downward revision since 2010. What is happening… https://t.co/rmmFegq3SW
not on Android?
It's a bad number. Just 22,000 jobs, and with revisions June went negative to -13,000. Worse, deeper into the data you can see that the theory of Trumponomics is failing. It's not too late to change course, but it would require dramatic action they won't take. Let's dig in. /1
it's not about how many you build, it's about how many affordable homes are created
it's not about how many you build, it's about how many affordable homes are created
Canadian per capita GDP down again in Q2. Here's that famous chart updated. #elbowsup
Here in the UK, Chinese brands’ market share has jumped to 10% in a blink of an eye. SAIC MG alone targets 100,000 sales this year or 5% of total market. BYD sales are up almost 500% YoY and could hit 45,000.
Updated #whenthebubblebursts chart - July 2025

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