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Posthaste: Ontario's housing market is almost as loose as the great 1990s meltdownMarket has deteriorated to levels not seen since the financial crisis and it could get worse, says economistOntario’s housing market is raising red flags.The market hasn’t been this loose since the 2008 financial crisis and there is risk the sales-to-new-listings ratio could drop as low as in the 1990s meltdown when prices plunged more than 30 per cent, says a new study from Toronto-Dominion Bank.This October the province’s sales-to-new-listings ratio dropped to its lowest level since the financial crisis.The concern is if higher interest rates further dampen demand the ratio will slip to levels not seen since the deep housing market downturn in the late 1980s to mid-1990s, said TD economist Rishi Sondhi.Sales-to-new-listings ratios measure supply and demand in housing markets and help predict prices. A ratio under 40 per cent means a buyer’s market where new listings exceed sales, between 40 and 60 per cent is a balanced market and over 60 per cent, where demand outstrips supply, is a seller’s market.(...)
Xi Jinping Is Asserting Tighter Control of Finance in China(...)The Communist Party issued a detailed ideological statement on Friday in Qiushi, the party’s main official theoretical journal, that made clear that it expected banks, pension funds, insurers and other financial organizations in China to follow Marxist principles and pay obedience to Mr. Xi.The Qiushi paper, which was being closely studied by bankers and economists in China, could cut against efforts by Beijing to show that the economy is open to investment even as it places a heavier hand on business.Barry Naughton, an economist at the University of California at San Diego who has long studied China’s transition to a market economy, said that the document signaled that the finance sector would be subject to ever-tighter oversight and forced to serve government policies more actively.“The financial sector will not be expected to push for market-oriented reforms or even necessarily maximize profit,” he said. “As a program for the financial sector, it is ambitious, disappointing and somewhat ominous.”(...)
Nunca he dicho Ucrania, pero cada vez más cerca sí. No se cumplió con la palabra de no expandir la OTAN hacia el este de Europa, pues nada, ahí tienes el resultado. Nunca he dicho que la guerra sea una solución, un poquito de por favor. Más bien ambos malos, el hijoputismo es bilateral sin descartar arreglos bajo manga en los que, efectivamente, el ciudadano importa una mierda.Cita de: Mad Men en Diciembre 05, 2023, 20:02:14 pm Cita de: senslev en Diciembre 05, 2023, 19:39:24 pmDespués de que la OTAN no cumpliera con la palabra de no ponerles pepinos a 100m de la frontera. Supongo que a USA no le gustaría tener en Méjico pepinos made in Rusia. Creo que va bastante más allá de buenos y malos.Ucranina NUNCA ha tenido pepinos de la Otan.Pero decir que no hay buenos ni malos y que la guerra es la solución está bien parece ser si no es en tu país, con tus conciudadanos,amigos y familia.
Cita de: senslev en Diciembre 05, 2023, 19:39:24 pmDespués de que la OTAN no cumpliera con la palabra de no ponerles pepinos a 100m de la frontera. Supongo que a USA no le gustaría tener en Méjico pepinos made in Rusia. Creo que va bastante más allá de buenos y malos.Ucranina NUNCA ha tenido pepinos de la Otan.Pero decir que no hay buenos ni malos y que la guerra es la solución está bien parece ser si no es en tu país, con tus conciudadanos,amigos y familia.
Después de que la OTAN no cumpliera con la palabra de no ponerles pepinos a 100m de la frontera. Supongo que a USA no le gustaría tener en Méjico pepinos made in Rusia. Creo que va bastante más allá de buenos y malos.