Archive for Economics

Economic Downturn? Let the Startups Begin.

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Amidst the plethora of news that we’ve been hearing from all industries about the economy heading towards worse times and as we hear stories of worsening conditions close to home (i.e. Nortel), I can’t help but say, let the startups begin.
There is a lot of talent in Ottawa and other cities around the world that [...]

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iPhone is Coming to Canada!!!

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As the advertisement above shows, we may be seeing the iPhone a lot sooner than I had originally assumed. If you’ve had a chance to play with the iPhone, you’ll have realized what an amazing toy it is. If you think about it, you probably payed $200+ for you iPod and now you can [...]

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Apple is Finally worth More than IBM :-)

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If you ever heard of the beginning of Apple and Steve Jobs, you’ll appreciate the significance of this news. Steve Jobs, since the very beginning, was looking to beat IBM. That moment has finally come. At the current stock price of $186 per share, Apple is worth $162 Billion, whereas IBM is worth $159 Billion. [...]

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Canadian Dollar = US Dollar… Now What???

What does this mean for the US/Canadian economy?
Well, at the end of the day, the answer is complicated. Depending on who you talk to and what school of thought you believe in, answers can vary. However, I believe that parity will hurt the Canadian Economy for a couple of reasons:
1) Canada’s Goods are now Expensive:
The [...]

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Money Changers

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Recently, I saw an interesting documentary about International Banking. It was definitely an intriguing one to watch. The documentary shows the evolution of the Federal Reserve and Central Banks around the world. I don’t agree with a lot of what was said in the documentary but it does provide another perspective. If you are into [...]

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