Canadian Credit Bubble In Pictures
Here are 4 images from Jonathan Tonge at America-Canada Blog regarding Canada, The Country of Fiscal Prudence
Credit Card Debt Up $43 Billion Since 1999
Personal Lines of Credit Up $180 Billion Since 1999
Mortgage Debt Up $566 Billion Since 1999
Household Credit Up $715 Billion Since 1999
See the above link for more details.
Think there is no credit bubble in Canada? Think again.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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