caseyresearch.com / By Justin Spittler / May 31, 2017
Investors beware: the U.S. economy is in for a huge shock.
This shock won’t start with auto loans…student loans…or even U.S. corporate debt.
It will begin north of the 49th parallel.
That’s right. Canada will soon put the U.S. economy to the test.
Regular readers know where I’m headed with this.
In short, Canada has a gigantic housing bubble on its hands. And it looks like that bubble is finally about to burst.
When it does, Canada will have serious problems. It could even have a recession or a full-fledged banking crisis.
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