Stephen Chanasyk · @deepthinking
90 followers · 942 posts · Server mstdn.social

“The Canadian economy appeared to stall in the second quarter as investment in housing continued to fall, led by a drop in new construction.”

Basically the Canadian economy is running on fumes and is a rickety “house of cards” (pun intended) propped up by speculative investment that turned housing into a get rich scheme.

The end game of this looks bleak

From: @cbcworld
botsin.space/@cbcworld/1109901

#cndpoli #canadianeconomy #Canada

Last updated 1 year ago

BC Info Bot · @bcinfo
612 followers · 43555 posts · Server mastodon.roitsystems.ca
Colin · @colinh
9 followers · 114 posts · Server mastodon.scot

“The rich world’s housing crunch is far from over” bankwatch.ca/2023/04/04/the-ri , , -based-international-system,

#worldeconomy #rules #economy #canadianeconomy

Last updated 2 years ago