“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.”
What can past market crashes teach us about the current one?
The markets have largely recovered since the March selloff, but most would agree we're not out of the woods yet. The COVID-19 pandemic isn't close to being over, so it seems that volatility is here to stay, at least until the pandemic becomes less severe. Q2 2020 hedge fund letters, conferences and more At the Read More