We begin with a look at Canada’s real estate market, which is so inflated it’s making the 1990s bubble seem affordable. How did we get here, and what does this mean for Canadians and potential investors? Next, we explore changes in the U.S. money supply not seen since the Great Depression. This unusual activity may signal a significant shift on the horizon for stocks. As we dig into the implications, we also discuss the collapse in household savings and the concerns it’s sparking among economists about a potential recession. Inflation has been a buzzword in recent times, and we unpack its hidden costs beyond just higher prices. We also discuss why higher earners are staring down a larger debt crisis and why interest rate hikes have not tamed inflation as expected. Bank of America’s paper loss of $100bn after a big bet in the bond market is a significant event. We detail the circumstances that led to this situation and its potential aftermath. Lastly, we cover a monumental shift in international finance, with 41 countries ready to accept the BRICS currency. As we approach the BRICS summit, we analyze what this means for the global economic balance of power. #debt #GlobalEconomy #Inflation #RealEstateBubble
TOPICS AND TIMESTAMPS:
Inflation Problems Now 0:00
Bank Crisis 5:58
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#money #inflation #investing
