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The Loonie Hour

Sovereign Debt Bubbles Ready To Pop

17 Jun 2022

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The Bank of Canada Threatens To Break The Housing MarketThe Federal Reserve raises rates by 75bps the largest rate hike since 1994. The Swiss National Bank also shocked with a 50bps rate hike. Sovereign debt bubbles are now facing immense pressure, particularly in Europe and Japan. The crypto market is imploding and the tech sell-off continues. Canadian Real Estate prices fall for second consecutive month. See omnystudio.com/listener for privacy information.

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