September 18, 2024 “In Life, it is not the waiting of the storm to pass, but to learn to dance in the rain!” –Anonymous "If you think someone is ruining your life. You are right. It is you!" – Nietzsche Remember: You are reading Ozzie’s opinion, not advice! And, yes, I
August 13, 2023 “Bill Gates owns 4 private jets: 2 Gulfstream G650Ers, 2 Bombardier Challenger 350s. Each one of them emits more carbon in a single flight than your car in your entire lifetime. But its 's your car that's causing climate change!” Spectacular cash flow! AirBNB in the suburbs! Tricks of
INTERNATIONAL: INFLATION; US AND CANADA INTEREST RATES; US AND CANADA MORTGAGE RATES; STOCK AND BONDS; CHINA WILL CRASH THE WORLD MARKETS?; POWELL NO LONGER USES THE WORD TRANSITORY… BITCOIN-WHO GOT WIPED OUT; USA: US REAL ESTATE; 30-YEAR MONEY 20-YEAR RECORD; US INFLATION 7%; US DOLLAR; CANADA: MAJOR CANADA REAL ESTATE MARKETS; CANADA DOLLAR; UBC LAUNCHES WEALTH TAX REPORT; THE NUMBERS, THE NUMBERS – DECEMBER 2021 and Y-T-D 2021; VANCOUVER, WESTSIDE, SURREY – HUGE SF HOME PRICE INCREASES; THERE ARE NO LISTINGS
1. China had an over-developed real estate market (accounts for around 15% of the Chinese economy). Home prices in China’s major cities crashed in 2013/2014. This put serious pressure on Chinese consumers, since around two-thirds of the typical Chinese family’s wealth is tied to their homes. 2. When housing started going bust, Chinese investors started
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