Canada’s Debt Bubble
Below is the talk I gave to the Canadian Centre for Policy Alternatives on the Debt Bubble and its implications for Canada. I cover my Minskian analysis of the Depression in general, and conclude with data on the Canadian economy. The mortgage acceleration data in particular implies that the Canadian house price bubble–which is not as big as those in Australia, the USA or the UK–is close to being over.
This is the screen recording of the talk–better for reading the slides themselves.
I’ll edit the post tomorrrow to add links to the Powerpoint slides and an audio recording–I can’t access the servers right now to upload them.