Home Capital Group is becoming desperate they are now selling million of mortgages. Half of Canadians do not have $200 for an emergency. Gallup economic confidence declines, more and more people believe the economy is getting worse. Wholesales sales growth declines and lumber implodes. Atlanta Fed is now down to 3.6% from 4.2%. Fed reports a drop in credit card spending and consumer spending in general. We are now back to the period right before 2008 crash. JP Morgan is telling smaller banks to consolidate deposits before the economy comes down.
You are probably right! Homes in some cites in Canada are averaging over $1mil!
All Canadian banks are going down FIRST in the crisis. Moodies just downgraded all 6 Canadian banks.
http://www.zerohedge.com/news/2017-05-10/moodys-slashes-ratings-6-canadian-banks-fears-asset-quality-deterioration-soaring-ho
So many people have woken up,... alas, I fear many will die horrible deaths. Reasons will be economic implosion of all currencies, stocks (including all back-room perverted derivatives), and all other revenue streams (tax).
The "owners" WILL unleash hell upon anything for there protection. History tells us this,.... it goes back thousands of years (money manipulation).
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered" --
Thomas Jefferson
Prepare for riots and complete system breakdown within a few months across north america. I've known about this since December. Ya'll are behind in preparation. Food, water, ammo, and much more.