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Monthly Archives: July 2022
Rate hikes compounding pain for bloated real estate
The Bank of Canada hiked base rates a whole percentage point yesterday–its most significant one-time increase since 1998–now at 2.5% from .25% four months ago in March. Futures are pricing in a 84% chance that the US Fed will follow … Continue reading
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China’s debt bust is contagious
Chinese imports are not rising to the rescue of global demand this downturn as they did in 2008-2020. #tappedout. China Beige Book does on-the-ground analysis, which is updated in this segment. Shehzad Qazi, managing director of China Beige Book (CBB) … Continue reading
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The Demographic Dilemma
This segment explains the slowing economic impact of an aging population. Immigration is helpful, to be sure, but realistically, several hundred thousand per year of newcomers cannot offset the growth depressing weight exerted by aging millions in the existing population. … Continue reading
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