Canada checks all 5 boxes for a forthcoming debt crisis











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In their study of 800 years of debt crises, Harvard profs Rogoff Reinhart identify 5 predictors of them: • 1. “Slowing output” • 2. “Asset price inflation” • 3. “Sustained debt build-ups” • 4. “Rising household leverage” • 5. “Large current account deficits” • Canada checks all 5 boxes. • #secureourfuture

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