Some really big name and reliable commentators totally missed that there was a bubble in Canada too (I'm Canadian and I even argued with some of them!). I guess the lesson is that no matter how smart you are, you don't really know something unless you actually live there. Scary thought: what does this bode for all those wonderful stories about Asia??
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ReplyDeleteSome really big name and reliable commentators totally missed that there was a bubble in Canada too (I'm Canadian and I even argued with some of them!). I guess the lesson is that no matter how smart you are, you don't really know something unless you actually live there. Scary thought: what does this bode for all those wonderful stories about Asia??
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