Canada's private debt bubble, driven by real estate, now exceeds that of the US in 2008 and 1929, as well as Japan in 1991, as shown in the latest (Q3 2024) data and chart.
Most will ignore this warning—why social cycles like the LongWave occur. https://t.co/ltrAoFKEz8 pic.twitter.com/nAUVlfUwhC
— The Economic LongWave (@TheELongWave) June 10, 2025