David Knights' Weblog

June 4, 2019

Shades of 2007/2008

Filed under: Politics — dknights @ 11:12 am
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This is up in Canada (BC), which is having its own special issues with the housing market, mostly related to foreign money driving a real estate bubble (an now a crash), but this is a microcosm of what was going on all over the US, particularly in FL, AZ, NV and CA in 2007 which led to the great crash of 2008.  These people are playing with fire, and because of the government bailout the last time, I fear that no one has learned any lessons.  I am not a great fan of increased government regulation, but this is one area where I make an exception.

October 31, 2015

Amen

Filed under: Legal,Politics — dknights @ 8:45 am
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I think Professor Reynolds gets it exactly right again.

March 18, 2013

How dumb can they be?

Filed under: Politics — dknights @ 3:55 pm
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When it comes to the Eurozone, pretty damn dumb.

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