Wednesday, May 12, 2010

Canada's Household Debt Reaches Record $42,000 a Person; Fast and Furious Real Estate Decline Coming; Beijing Home Prices Plunge 31.4%

Nothing for Canadian's to worry about, buy buy buy cuz a) real estate only goes up b) interest rates are going to stay this way forever and c) it's different here - we had the Olympics don't ya know and d) our banking system is SOUND

Mish's Global Economic Trend Analysis: Canada's Household Debt Reaches Record $42,000 a Person; Fast and Furious Real Estate Decline Coming; Beijing Home Prices Plunge 31.4%

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