Scotiabank and BMO brace themselves for spike in bad loans

https://www.thestar.com/business/big-sign-of-trouble-scotiabank-and-bmo-brace-for-a-spike-in-bad-loans/article_4946c7e9-1b72-59a3-b519-eb58842bdabd.html

If Mark Carney had his way after the 2008 meltdown… He would have called it and put an end to ZERO interest rates after the dust settled…

At the rate Real Estate rose…. You would need a minimum of $50/hr to buy into a new home with no end to raising prices and hourly rates in sight for either…

SOMETHING HAS TO GIVE….

AND IT WILL

IT WON’T BE PRETTY GIVEN THE STUPIDITY OF HAVING DONE NOTHING

IF 2008 WAS UGLY…. BRACE YOURSELVES FOR WAY WORST

Leave a comment