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RE: Why 2018 Could Be the Year Canada Crashes! We Just Hit the BREAKING POINT for Debt!
It's amazing what just a small percentage increase im the rate on debt can do to people's finances. And canada isn't just raising rates on themselves. Many real estate companies in the US get mortgages through Canadian banks. Watch out for the ripple effect.
No doubt! People are right at the edge and they're going overboard!