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Why Rising Mortgage Rates Threaten Canada’s Banks

Why Rising Mortgage Rates Threaten Canada’s Banks Wolf Richter with Jim Goddard on This Week in Money: Interest rates will continue to rise in the US and Canada. In both countries, potential buyers face affordability issues, which puts a damper on demand. But in Canada, variable-rate and adjustable-rate mortgages dominate (while ARMs are only 6% of […]

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Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US?

Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US? Wolf Richter with Jim Goddard on This Week in Money: The underlying dynamics are similar, but the approach is different. Home prices experience a historic spike in Seattle, and sharp increases in other metros, but prices of condos […]

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My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar

My Views on US-Canada Trade, Steel’s Impact on National Security, NAFTA, and the Dollar Wolf Richter with Jim Goddard on This Week in Money: Trade agreements are designed to benefit companies, not people – which is part of the problem. We also get into whether gold and silver will remain stuck in the current trading range, […]

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How People Turn into “Debt Slaves?”

How People Turn into “Debt Slaves?” Wolf Richter with Jim Goddard on This Week in Money: The Price of Easy Money, Low Interest Rates, and Debt Bubbles: After the party, the hangover. Read…  The State of the American Debt Slaves, Q1 2018.

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Rising Interest Rates: New Era with Tough Outcomes

Rising Interest Rates: New Era with Tough Outcomes   What will the bond market do? The conniptions in the Treasury market are causing pain in existing portfolios but offer opportunities down the road. What’s the impact of these rising interest rates on the housing bubbles in the US and Canada? Where is the pain threshold? […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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