For those of you keeping score at home, we'd like to point out that we called both the American subprime mortgage disaster that dominated the economic news this summer, AND a Canadian dollar at par, back LAST summer in our posting "The Curious Case of Canada's Currency".
Generally speaking we do not hold much truck with economics or political science, at one point one of our members actually declared that economics as a science had as much validity as voodoo.
I guess we have to give our props to voodoo now.
Showing posts with label subprime mortgages. Show all posts
Showing posts with label subprime mortgages. Show all posts
Saturday, September 29, 2007
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