/biz/ - Business & Finance

>>22226652

Already pumped to fuck.

We're 5 months late.

>>15966902


Don't worry then, we'll see $1 before EoY.

Fren

>>819651

I can't agree more man.

Living in Toronto, I've noticed that there really is nothing here.. The only thing powering the province are some manufacturing relics, which are mostly subsidized by proxy, and I would speculate at least half of the entire economy here is tied somehow to the bloated real estate market, either selling mortgages, insurance, building plywood monster homes and then selling them for $800,000 to morons who don't have actual money, only access to very cheap credit.

This will end VERY badly. Much worse than 2009 was for America.

The sad thing is, they morons that will find themselves in negative equity territory, when their outstanding debt is worth more than the actual property, are going to get bailed-in by the government, because literally the entire middle class in Vancouver and Toronto will be threatened.