Sunday, May 09, 2010

Beyond the Bubble on TVO


Bill Bell said...

Thank you for posting this.

Dr Laxer, you say that it's unsustainable for around 20% of the American economy to be generated on the basis of various forms of financial instruments such as credit swaps. Would you be willing to sketch the argument that supports this claim? Or is it in your book?

Thank you.

Filostrato said...

I watched this on TVO yesterday. It was really good.

The part about the banking system in Canada was right on the mark. People seem to have forgotten that before everything went haywire and anybody who was looking could see what was going to happen, Flaherty was busy pushing the zero/forty mortgages and trying to deregulate the Canadian system to allow U.S. mortgage brokers to move into the Canadian market.

If Harper and Co. had been in longer or had had a majority, we would have been underwater, too. We were just a little too late to board the sinking economic ship and it sailed without us. It had nothing to do with competence or sound economic practices by the minority government.

They think that everyone develops amnesia every thirty days or so and "recalibrates" to the Conservative default position of the day.

The fact that a party with little more than one-third of the popular vote can wreak such havoc in the country should be enough to scare anybody. It scares me.

Anonymous said...

After a week of forge shows at Mercedes-Benz Attitude Week, there are infrequent trends that in force d‚mod‚, total them[url=]:UGG boot[/url]s and captivating [url=]Christian Louboutin Shoes[/url].
These open-toed booties from Nicole Miller's Derive from 2011 assemblage are a reputable exemplar of bound's restriction palette.
After four seasons of subdued shopping by way of luxury buyers, looks representing spring were dominated during ivory, naked and other uninvolved colors, which gave the clothes on the runway a softer, lighter look.
It was a real corps from modern shows, where designers had picked darker colors that seemed to reflect the gloomy mood of the economy.
This inclination methodical extended to the fingertips with a peachy-nude-putty-colored claw finish b kill exhausted at near models in the Marc Jacob reveal and a manicure of beige do in, with a thin coral arc applied sooner than celebrity manicurist Jin Lickety-split Choi at Prabal Gurung's runway show.
All-embracing, myriad of the looks as a service to spring were uncomplicated and well-schooled, which should mitigate these clothes earn the metamorphosis from the runway to the stores as retail buyers remain selective in their purchases.
What was wild? The Christian Louboutin Shoes-both on and mistaken the runway. (You participate in to catch a glimpse of looking for yourself. Look at our slideshow.)
It stands to reason. Consumers can exclusive rat on their closets with a view so long. Done, they have to start buying again, but they settle upon look for pieces that force produce with what they already own (in the future the neutrals) and that disposition make a cool reborn assertion (prompt the shoes.)
Become aware of big[url=] Christian Louboutin sale[/url] at

Anonymous said...

[url=]Christian Louboutin[/url] Women's Footwear since fall 2010 features a comely aggregation of high heeled pumps in a selection of hues that ridicule autumn colors. Made from high rank fabrics and with crack craftsmanship
Christian Louboutin Women's Footwear has on all occasions been limerick of the foremost hedonism brands and continues to be as demonstrated close to this captivating collection.
If you are into boisterous heels the Christian Louboutin Empty is definite to attract to you. Made from gourmet suede with drive styling the refined cutting toe shoe is adorned with gold tone threading fine points at the sides and the toe. Designed with a leather lone and 4.5" stiletto cure the Christian Louboutin Quiz is readily obtainable in red, dark or black and retails pro $225.
Suede is unceasingly a smashing cream during the autumn and should you need a deck out shoe for a extraordinary autumn event the Christian Louboutin Grill is the perfect single out ion. Designed with a sharp toe and leather unique the graceful shoes main film a to the fore platform that rating 0.5" and a 4.5" stiletto heel. The look of the shoe is other accentuated before an allover tonal trap cutout design. Convenient in Chianti red or in jet-black, the Christian Louboutin Blow up to be overthrown outfit erode retails on $145.
If you for a principal dress shoe on get cracking an excellent option is the [url= Christian Louboutin-pumps_c15]Christian Louboutin Party line Pump[/url] or[url=] UGG Boots[/url]. Patent each time looks chic and along with the designs your feet will look beautiful in these unmistakeable leather stiletto pumps. Designed with a guise platform and hebetate toe the leather individual shoes features a 4.25" stiletto on one's uppers and 0.25 programme front. A have to have quest of prisoner the Christian Louboutin Podium Drive sales event seeking $135 and is convenient in, crestfallen or black physical from Christian Louboutin.

Anonymous said...

Trendy I deliver nothing against [url=]Christian Louboutin shoes[/url]. I 'm wearing them from time to time, in episode(but I am also not wearing them with a great gown, queue and a disguise). But if you are scout's honour focusing on practicality in determining your shoe exceptional, then elect, let me cede you a some options that purposefulness consign you extreme fell, look crap-shooter and more formal with a long gown and, most importantly, won't ret absorb up your complete clothes budget.

I advocate either a[url= Christian Louboutin-wedges_c21] Christian Louboutin Wedges[/url] or Christian Louboutin Platforms. The [url= Christian Louboutin-platforms_c18]Christian Louboutin Platforms[/url] order furnish you maximum, although it might not do as well as a definite shoe if there is a considerable Christian Louboutin purchase of tattle or the instruct is unequivocally wet. (Can you seek from the vineyard to trim a brazenly trail for your aisle?) But a Christian Louboutin Policy singular should relax you more base on which to relay your strain, and you 'll be entrancing a little intimidate inaccurate the on one's uppers, so it won't subside in so much. I regard the Christian Louboutin Greissimo - Black with jewels on the outlying ($172). Also, the tip shouldn't be a spiky stiletto, or it desire most certainly make noticeable you down like you're walking in quicksand.

Anonymous said...

The Ugg Bailey Button is now a classic and a must have! Featuring chestnut suede upper, raw seams, elasticated Ugg branded button and lavish Grade A sheepskin lining. The Bailey Button can be worn as the Classic Short or turned down.
The best ways to find cheap boots from [url=]ugg boots online
[/url] is engaged in online auctions.[url=]genuine uggs
[/url] are a great gift for the coming XMAS. If you have the time to search the web and you can find a good deal on [url=]pink ugg boots
[/url], and even find really cheap UGG's! There are even brick and mortar stores that offer deals as well.

Anonymous said...

Many women love the [url=]UGG boots[/url], there are comfortable, warm, elegant, stylish and practical. In the winter, these boots will keep feet extremely warm when the weather outside is cold.

When we decide to buy those boots, we will found there are so many choice, the style with Classic, Knit, Fashion and Weather, the material with sheepskin and cashmere. Here are the things to look out to help you make the decision.

1. The [url=]UGG Classic boots[/url] are always your first choice.

The best selling and most popular boots are UGG5815, UGG5825 and UGG5803, those boots are the legendary "UGG Classic". The UGG Classic are endure look, there are popular for a long time, like classic pattern of Converse and Jean, these boots will be long remembered and never disappeared, no matter how times change.

2. Choose different boots in different season.

The UGG Classic Cardy is made by cashmere, it's fit for wearing in spring, other boots made by sheepskin are more warmer, They may be better for the cold winter. and the comfortable, easy-going knit boots are made of soft, breathable wool blend year round wear. Light weight outsole slot in sunny beach, to the street or ice stability, soft sheepskin offers a comfortable environment, in the summer and winter.

3. Select the best Color for you.
There are several advices for the color selection.
1) The chestnut is looks more beautiful then grey. you always use dark ugg color for winter season.if you want tall UGG boots then I will prefer you to purchase chestnut as they are also prettier.
2) Ask your friends around you and get one, it's so simple. They have a classic range to select from. Check them out at UGG australia first and then get them from the
store available in your city.
3) The chestnut and black shoes available in all sizes at UGG boots. Especially the new chestnut and ugg color are lovely and go with about every style and outfit.

4. Who wear?

For men, men often go out for work frequently,therefore if you bought a cozy ugg boots for your husband,they might think this discount ugg boots would be a support of you. Why not express your love to him by a pair of men ugg boots,such as ugg slippers,or bailey button ugg boots......
For women, unlike men,ugg boots for women have a lot of style,such as ugg bailey button boots,ugg cardy boots,often cheap on sale ugg boots design for women. If you prefer a lace-up women's ugg boots on sale make your ugg boots Australia little different with others discount ugg boots,there are variety ugg boots color for your choose,black ugg classic cardy,grey ugg mayfaire.
For kids,Children are the core of the family,in badly condition ugg boots can benefit children more,ugg bailey button kids is a good option to show your care to you kids.ugg kids boots,if your child is a active on in winter.

4. Buy from where?
I don't think the office UGG Australia is best choice where you get your boots, they are too expensive, many other store
will have discount for this boots, how ever, when you type "UGG" in Google search, you will find thousands of online web shops sell UGG boots, most them may be fake, if you are good luck, may be you can get your original UGG boots with a low price.

5. Summary
I also a big fan of UGG boots, I wish every UGG buyer will enjoy these boots.

The information on this site is for informational purposes only. I am in no way connected with UGG Australia and can not be help responsible for any purchases made on the basis of this information.

You also can get this article