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The Default Cycle Has Just Begun
Manage episode 355010920 series 3295297
A big Vancouver Real Estate Developer goes belly up on over $700M in debt. Is this the canary in the coal mine? The Bank of Canada admits they had to pause over extreme household indebtedness. The Fed says disinflation is underway. The yield curve is now the most inverted since the 1980's.
Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOUR
See omnystudio.com/listener for privacy information.
133 episodes
Manage episode 355010920 series 3295297
A big Vancouver Real Estate Developer goes belly up on over $700M in debt. Is this the canary in the coal mine? The Bank of Canada admits they had to pause over extreme household indebtedness. The Fed says disinflation is underway. The yield curve is now the most inverted since the 1980's.
Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOUR
See omnystudio.com/listener for privacy information.
133 episodes
All episodes
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