bank

One week after we channeled Deutsche Bank's Torsten Slok, who two years ago warned that "Canada is in serious trouble", a warning which was especially resonant after last week's rate hike by the Bank of Canada - the first since 2010 -  which we argued threatens to burst Canada's gargantuan housing bubble...

... resulting in dramatic negative consequences for Canada's construction-heavy economy...

Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com,

The question is subtly Malthusian in nature: how to deal with the world’s teeming billions in one fell swoop while maintaining the existing social and political orders in all of the countries? 

That order needs only to have one facade now: as Draconian an order that can be accomplished without throwing the world into a revolution against every government in existence.