Post 211

A snapshot of what’s going on in the world’s economy.  Financial Ructions and book reviews can be a bit more technical so feel free to skip them.  See disclaimer at the end of this note.

Summary

  • A bit more price over volume.
  • Some retail store credit cards charge interest of over 30%
  • Home affordability in the US is the lowest in almost 40 years.
  • Live concerts are becoming very expensive.
  • Americans are still shopping.
  • More people are vacationing on their own.
  • Some Canadian landlords are behaving badly.
  • Canadian inflation is slowly falling (disinflation).
    • Same in the UK, but at a much higher level.
  • Bobby Orr’s first game.
  • Next chapter review of The Mystery of Banking.