Canadian Banks Own The Regulators with Hilliard Macbeth.

Canadian Banks Own The Regulators with Hilliard Macbeth. The Canadian Housing Market CRASH and Debt Bubble! Me and Hilliard back in 2022 talked about the Canadian Debt Bubble. It is unbelievable looking back watching this video considering the carnage in the economy and housing market. Hilliard’s book when the bubble bursts: | Follow @hmacbe on X Get 3 months FREE from my VPN provider Express VPN: Disclaimer: Some of the links in this description are affiliate links, which means if you make a purchase through them, I may earn a small commission at no extra cost to you. This helps support the channel and allows me to continue creating content. Thank you for your support! 0:00 - Intro/Preview 1:00 - Was 2021 the euphoria stage of the Minsky cycle? 12:22 - Minsky Moment 13:12 - Steve Keen thoughts 15:00 - Government involvement 17:30 - Giving down payment gifts 19:30 - Co-signing mortgage risk 21:50 - England in the GFC 24:34 - Nobody could see this coming NOT. 26:28 - OSFI and regulators in bed with the banks 29:50 - 1990s bubble 32:00 - So much bigger than 2008 in the US 35:00 - Japanese bubble 35:50 - Currency slump in a banking crisis 38:50 - Home capital group 40:00 - Banks survive but don’t thrive 41:05 - Prices reverting to trend 44:40 - Bonus #Canadian #HousingMarket #crash