I had a very nice chat with the Canadian blogger Steve Saretsky about my economic analysis, largely as applied to Canada. Click on the link above to see it; I’ve copied it here in case Patreon stuffs up as it did on my “Eve of Destruction” post.
I shared my screen a few times to show data relevant to Canada. One of the obvious questions was “how did Canada manage to avoid a crisis in 2008 while its southern neighbour had such a big one?”. The answer was “because you kept your private debt bubble going while the USA’s ended”. Here are the charts that I put together to support that case. I’ve also attached the data to this post.
