Canada is now an EXTREME example of how a government causes a crisis and will not take their foot off the gas pedal in order to calm everything down. They want it to hit the brick wall. And in due time, it will. When a nation is drowning in debt, there’s no way to get itself out of it without digging itself deeper and deeper. Until they realize their efforts had been futile.
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Sources Used in This Video:
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Canadian households ‘nowhere near prepared’ for higher rates, survey finds - Article - BNN
http://www.bnn.ca/canadian-households-nowhere-near-prepared-for-higher-rates-survey-finds-1.892780#_gus&_gucid=&_gup=twitter&_gsc=eFVtpMm
Toronto at biggest risk of housing bubble among global cities, UBS says By Reuters
https://www.investing.com/news/economy-news/toronto-at-biggest-risk-of-housing-bubble-among-global-cities-ubs-says-534360
A Canadian housing crash coming? Not according to this economist
http://news.buzzbuzzhome.com/2017/01/canadian-housing-crash-not-coming.html
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