Canada is one bubble that will also pop once the global recession takes hold this year or next.
The cause of the trigger will most probably will be COMMODITIES.
Read in the article below that BoC Governer thinks - This time it's different!!!!!!!
http://www2.macleans.ca/2011/03/26/carney-this-time-its-different/
They have always said that - history has shown that IT NEVER IS !!!!!
Expect real estate bubble in Canada to burst too.
The CAD is strong as of now but once the DXY gets going - expect to see a repeat of 2008.
The cause of the trigger will most probably will be COMMODITIES.
Read in the article below that BoC Governer thinks - This time it's different!!!!!!!
http://www2.macleans.ca/2011/03/26/carney-this-time-its-different/
They have always said that - history has shown that IT NEVER IS !!!!!
Expect real estate bubble in Canada to burst too.
The CAD is strong as of now but once the DXY gets going - expect to see a repeat of 2008.
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