Three of history's most powerful economic cycles are converging on our $2.6 trillion housing market. This isn't just another correctionβit's a complete system rewrite.
Here's what you need to know π
2/15 π
Ray Dalio's new "Big Debt Cycle" study reads like a roadmap for Canada today.
We're 80 years into a debt supercycle that always ends the same way: with a massive deleveraging.
Our household debt is 180% of our income.
We're in the danger zone.
3/15 β οΈ
The Big Debt Cycle has five stages:
π’ Sound Money (1940s-70s)
π‘ Debt Bubble (1980s-2020s) β We are here
π΄ The Pop (Now?)
π Deleveraging (Coming)
π’ Recovery (2030s?)
Canada's housing market is the bubble vehicle.