4min chapter

Wealthion - Be Financially Resilient cover image

The Failing Fed, Banks and Rising Rates

Wealthion - Be Financially Resilient

CHAPTER

Intro

David Rosenberg delves into the effects of US debt spending on the economy and housing sector, emphasizing the temporary boost to GDP growth and the implications of excessive government expenditures. The chapter also covers the downturn in housing activity in the US and Canada, alongside the impact of decreased lumber prices on residential construction.

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