The Market Ticker
Commentary on The Capital Markets- Category [International]
2015-09-03 06:00 by Karl Denninger
in International , 319 references
 

Here it comes you fools...

Kate Whyte almost got to the point where she was going to stand on a street corner with a sign stating: "Homeless: have $1 million dollars, can't find a home to buy. Please sell me your home."

She was nearing her breaking point. She sold her five-bedroom North Vancouver house in March for $1.3 million. Whyte, her husband Peter and her youngest child planned to downsize and buy a smaller house in the same area.

WHAT?!

The benchmark house in Vancouver is over $1 million?  Toronto is just under that?

Are you out of your ****ing minds?

Canada learned nothing from the United States and our housing bubble and both deserves to and will have a monstrous blow-up and crash.

As for those of you in the Canadian Real Estate Market, since you saw what happened here and know, but are involved in this anyway, perhaps those who wind up under a freeway overpass will decide that the endless excuses I'm sure you will be putting forward simply don't wash.

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Just in case you think the Iranian deal is being "negotiated" with full knowledge of what Congress is actually voting on...

Iranian leaders prevented a top International Atomic Energy Agency (IAEA) official from disclosing to U.S. officials the nature of secret side deals with the Islamic Republic by threatening harm to him, according to regional reports.

Yukiya Amano, IAEA director general, purportedly remained silent about the nature of certain side deals during briefings with top U.S. officials because he feared such disclosures would lead to retaliation by Iran, according to the spokesman for Iran’s Atomic Energy Organization (AEOI).

"Retaliation" is most-likely code-speak for we will kill you and your family.

Still think we should make a deal with a nation that will threaten the negotiators with harm if they tell anyone about the back-pocket crap that they "included" by stealth, eh?

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So much for "good faith"....

WASHINGTON—Iran so far has refused to allow United Nations inspectors to interview key scientists and military officers to investigate allegations that Tehran maintained a covert nuclear-weapons program, the head of the U.N.’s nuclear watchdog said in an interview Wednesday.

Iran’s stance complicates the International Atomic Energy Agency’s probe into Tehran’s suspected nuclear-military program—a study that is slated to be completed by mid-December, as required by the landmark nuclear agreementforged between world powers and Iran on July 14 in Vienna.

Oops.

So about those Iranians being "ok people" and "negotiating in good faith", never mind "intending to follow through on their commitments."

May I simply ask: WHEN?

PS: If we can't interview people then exactly what sort of obstruction do you think we will have when we want to inspect something?

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