The Loonie Hour Elbows Down, IMF Bailouts Coming to a Country Near You?
Aug 29, 2025
Canada's recent removal of counter-tariffs on the US sparks discussions on economic implications. The looming threat of IMF bailouts in Britain raises concerns of a global financial crisis. The podcast humorously connects hockey culture with serious economic topics, like housing affordability and demographic trends. Insightful analysis dives into yield curve complexities and investment strategies amid rising inflation. Finally, it highlights high-net-worth financial strategies in these uncertain times, showcasing risk management amidst economic turmoil.
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Tariff Fight Reversed After Election
- Mark Carney removed Canada's counter-tariffs on the US shortly after the election.
- Rich had predicted leverage was limited and the elbows-up posture would revert to diplomacy.
Bank Of Canada Will Consider Housing
- The Bank of Canada will start factoring housing affordability and shelter costs into policy discussions.
- Expect debates about whether monetary policy should explicitly target house-price dynamics going forward.
Cheap Credit Drove The Housing Bubble
- Low long-run interest rates and easy monetary policy meaningfully inflated housing and other asset prices.
- Monetary debasement plus cheap credit created widespread malinvestment in real estate and beyond.
