RE:RE:RE:Inflation and the Intelligent Investor
makes sense. I think the worst thing that could happen to Canada's economy would be if the housing market crashed greater than 30%. The low interest rates have inflated this bubble to massive proportions and I hope that they can navigate it to a point that it doesn't put us in a severe recession. The interest rates have to come up, they can not remain this low forever, its fuelling inequality and people are taking ridiculous risks that they are in a feedback loop for because people have been rewarded for taking these risks for the last 10 years or so. I am sure we can weather the storm either way! Hope your weekend is going great as well.