Canada is Crashing Right Now 🔴 SELL NOW !!! #marketcrash

Mike Martins Oct 9,2020

🔴 Guys its Happening and its gonna be a very very Bumpy ride ! #marketCrash

Negative Rates Are Reserved For Disastrous Economies

I hear a lot of people say they need to get into the real estate market before negative rates hit. They fear once negative interest rates arrive, prices will catapult even faster. Negative rates are an unconventional policy tool, reserved for the worst economic scenarios. They’re used to prevent deflationary spirals, and to prevent savers from “hoarding.” Savings rates jump when people are afraid to spend money, not when they’re spending a lot of it.

For negative rates to be rolled out, the economy needs to fall into total disrepair. People need to be hoarding money, and not spending it. Usually this type of environment is accompanied by a very weak labor market. This isn’t the time you see bidding wars, and wage gains.

• Better Dwelling

>>10999968

>>10999968

Trudeau was a Drama teacher. Must have been at the park w/ his roomie skipping ECOM classes at UBC