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The Economic Analyst

Economy

Predictions and analysis of the current and future drivers of economic growth in Canada and the world.
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Investing

Thoughts on building your portfolio: asset allocation, stocks, bonds, commodities, speculative investments, gold/silver.
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Primers

Mandatory reading for anyone new to the site. These articles are a one-stop overview of the macro factors affecting the Canadian economy.
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- Primer Articles
  - What is deflation?
  - The dangers of mass psychology (or why overwhelming majorities are always wrong)
- Video Primers
  - New Video Primer- CMHC
  - Toronto condo data; China about to hit a wall?; Fiscal austerity to weigh on public sector jobs; The Age of Deleveraging; Another video primer

Real Estate

A focus on Canadian real estate and a possible 'made in Canada' housing bubble: Discussion, analysis, predictions and advice.
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Social Trends

Predictions and discussion on the changing nature of societal norms: frugality, savings, social unrest, austerity, etc.
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- Global Trends
  - Steve Keen discusses debt, housing, and the economy
  - Employment number misses consensus; US consumers cutting back....will Canadians follow?; Another great CMHC video
- Canadian Trends
  - The social fallout of a dying credit bubble
  - If you, personally, want a “soft landing” you had better make sure you have a good parachute.

Tag: wage growth

The social fallout of a dying credit bubble

OCTOBER 21, 2010
This post will ruffle feathers, but it's not my intention. I don't mind speaking the unpopular messages when I have to. Let me start by saying that I am a public sector employee. I have nothing against the public sector and those who work in it (how could I since I am one of them...). I think the vast majority of public sector workers are hard working and provide valuable services to the people of this country. But as a collective, the public sector needs to get its head out of the clouds and see what's coming.
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