Pierre Poilievre strikes again

A great video about Canada's housing bubble that has emerged under Justin Trudeau. Pierre Poilievre, Canada's conservative leader and hopefully next Prime Minister explains what has happened, why and what can be done about it.

Is China In Trouble?

Some counter-culture on China's rise.  Is China in trouble?  Is it facing a housing bubble ready to burst?  These videos make a case that it's going to burst.  But as long as they are getting so much debt interest from the U.S., it's possible that they can continue to waste it on empty condos because it is a command economy.  So what's the limit for a command economy wasting money to maintain GDP growth? Is it all artificial?  It's too hard to tell if the Chinese economy is sustainable, but these videos are pretty stark.

Lessons for America from China and Greece

China: The New Economy.  The next economic superpower.  Maybe not.

Whose Fault Was It Exhibit D: What John Stossel Said

What he said.

This was a good summary of the housing bubble culprits from John Stossel when he was on 20/20. His conclusion - too much government, not too little.

Whose Fault Was It? Exhibit B: Maxine Waters

There is no problem with Fannie Mae and Freddie Mac.



More to come.

Whose Fault Was It? Exhibit A: Barney Frank

Barney Frank - What Housing Bubble?