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RE: Canadian Housing Bubble Will Burst
I see. I guess it's like giving drugs to an addict. It fixes their withdrawal symptoms, but causes further physiological damage.
I see. I guess it's like giving drugs to an addict. It fixes their withdrawal symptoms, but causes further physiological damage.
Yes, i think it was needed initially to stop the panic. But it has gone on for 4 years too long. At least that's for the US.
Canada's a little different imo. You have hot money flowing in coupled with the oil slump. Tricky.
Good point.
The world economy is highly interconnected network, so I hope things will eventually go well for all of us.
meep