Stephen Rees's blog

Thoughts about the relationships between transport and the urban area it serves

What I have been doing this morning

with 4 comments

I have gone back into the SFU posts and added photographs by Jason Vanderhill (with his permission of course). I am trying to ensure that posts here have a balance between words and pictures – or rather illustrations (“For what good is a book without pictures or conversations” thought Alice) and I really appreciate his blanket approval. Jason is not only a better photographer than I, but he also uses a Sony Cybershot which seems to get images that my Nikon 4800ED can’t manage.

I have been reading John Taplin’s blog about the American economy, and he seems to back up my worst fears.

And, by the way, if you have been thinking we are doing well becuase our dollar is at par to theirs, think again. This graph shows how many of our dollars it takes to buy a Euro.

And that is not good news either. (This is not one of those charts where up is positive) I find the Sauder School UBC Currency Trends service very useful. As Taplin points out since oil is priced in dollars, the apparent rise in fuel cost is not hitting them. And they also do not have to worry about a flood of cheap US imports of goods – since the US does not make make nearly so much these days, and what they do make does not fit all that well into a European lifestyle. Although Tony Blair did drive a Dodge Caravan (which says a lot in itself).

And also I have been reading Erika Rathje’s suburban observations. She didn’t like my suggestion of using Google image search but for some reason I found this appealing

I have also been avoiding the news about the property price crash in the UK

I am joining the ranks of the hopeful – that continued overseas interest in Vancouver and the chance of a quick Canuck buck off the Olympics will keep our market bouyant. Not that I intend to move again after this one.

Written by Stephen Rees

April 13, 2008 at 1:01 pm

Posted in blog update

Tagged with , ,

4 Responses

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  1. If you believe that 60-day forecast will come true, then you can make a fortune trading the CAD/EUR spread.

    Still your point is well taken – the average CAD-EUR price in 2006 was 1.4237 and 2007 was 1.4691, compared to 1.6136 today.


    April 13, 2008 at 4:21 pm

  2. Oh, Stephen, it was a good suggestion! The results just didn’t yield the area I was looking for at the right angle. I’m also a bit apprehensive about using images off the web.

    Thanks for the linkage. Btw the URL is missing the “l” at the end of htm. 🙂

    That’s an amazing life story I’d have never known without that image search.

    Erika Rathje

    April 13, 2008 at 5:14 pm

  3. For free-to-use images, you can also try


    April 13, 2008 at 6:40 pm

  4. Sacha – I do not think the forecast is a tradeable “spread” merely a way of indicating a possible range of outcomes within a trend

    Sungsu – I have been mining wikipedia and Creative Commons images on flickr for some time

    Erika – oops – will fix. It is amazing how serendipity works

    Stephen Rees

    April 14, 2008 at 10:36 am

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