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The Deja Vu Is Redolent

A weekend topic starting with Reuters. "Lampooned by fiscal hawks as belief in a 'magic money tree', ever higher public borrowing and spending had seemed manageable and sensible for many years - hinged as they were on persistently low inflation…

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Someone Got Hosed

A report from the Globe and Mail. "It’s a troubling question that has been echoing through the condo towers in Canada’s largest cities for the past two weeks: Could the disaster in suburban Miami happen here? Existing Canadian condo rules…

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When It Busts, It Busts

A report from the Wall Street Journal. "Housing markets across the world, from the U.K. to China to Australia, are losing steam. In 18 large economies, world-wide residential investment dropped on a year-over-year basis for four consecutive quarters through September,…

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