The Loonie Hour Podcast
The Great Canadian Credit Boom Comes to an End
June 16th, 2023
National house prices ticker higher in May. Mortgage credit growth tumbles to a 20 year low, signalling a slowdown is ahead. Housing starts are plummeting. The fed performs a hawkish pause. The ECB raises rates despite recession. China cuts rates as youth unemployment surges. ESG debunked.
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