

FRAUD? WHAT FRAUD?
So, Canadian real estate. Yeah. The prices in Canadian residential real estate went from an already obscene high in 2020 to a peak 40% higher in 2022. (By contrast, Australia, another one of the hottest housing markets on the planet, only grew by 25% at this time.) Such a large jump in such a short period resulted in wacky valuations — within the context of a supremely screwball marketplace built on insane valuations. As a result, the credit ratings giant Fitch Ratings has e
Feb 23, 20234 min read


OFF THE RAILS
I began hearing about faulty braking as the cause of the train derailment in Ohio starting on February 8th. More specifically David Sirota , Julia Rock , Rebecca Burns , and Matthew Cunningham-Cook published a piece in The Lever titled Rail Companies Blocked Safety Rules Before Ohio Derailment . It starts:
Feb 20, 20235 min read


"WHY IS THE MEDIA IGNORING THIS?"
This is a curious phenomenon I’ve been following for more than a decade now. It happens around everything from environmental issues (such...
Feb 16, 20237 min read


WHAT'S UP WITH WEED?
Recently I read the pot market more than doubled during the pandemic. And yet almost everywhere a weed shop stood in this town in 2018...
Feb 10, 20233 min read











































































