Author Topic: Economics Culture  (Read 2388 times)

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Offline Gorgeous Graham

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Re: Economics Culture
« Reply #75 on: February 28, 2020, 09:47:30 pm »
The thing is - the inflating bubble is really good for the economy and makes middle-class homeowners feel better about having no savings.  I suspect their back pocket plan is "sell the house, pay off the visa and move to Nepean" or Kingston.

It's all going to crash very soon.  There can't be this much actual money in the world to drive these things.  Somebody is in debt, and in trouble...

The market always corrects itself.  They've been waiting for a correction for a decade+, hasn't happened.  We'll see.  Every other person has an investment property in Toronto and Vancouver.  Over-speculation virtually always drives bubbles/recessions, been going on for centuries.
I can tell how good of a person you are by how you treat the people you disagree with.