The Phaserl


Good Timing! Financial Times Affirms the Canadian Real-Estate Bust

by Anthony Wile, The Daily Bell:

Looks like we interviewed Seth Daniels at just the right time.

Since his comments on Austrian economics and the coming Canadian real estate bust, several other articles have come out making similar and even more emphatic points. Below, I’ll present some of them.

You can see Seth’s interview here: Seth Daniels on Austrian Economics, Central Bank Disasters and the Coming Housing Bottom

The Canadian housing market is headed for a significant bust, in my view. People will lose a lot of money. But those who understand and are properly positioned may gain fortunes.

It’s going to be a repeat of the 2008 mortgage bubble deflation. Only it’s happening to the north.

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