Americans and Britons have pared back their levels of debt, but in Canada it has grown

Source: Economist

Category: Credit, Digital Media, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Rocky debt-mountain”

  1. econimonium says:

    Is it just me, or did the narration sound like the beginning to an old Monty Python sketch? :)

  2. The variance is related to the housing bubbles. The US underwent its price correction from 2006-2011. The UK’s correction started in 2008 and is ongoing. And Canada’s correction just started in 2012.

    Realty Bubbles Monitor chart: