房市危机加深？穆迪降加拿大六大银行信用评级

隔壁老王叔

"This is the result of cheap credit for long periods of time. You would think central banks would eventually learn this very simple lesson. Cheap/free credit always leads to excessive borrowing (this is their goal) and eventually high levels of speculation (always ignored). The combination of excessive borrowing and speculation will result in market bubbles if allowed to occur unchecked. Eventually all speculative bubbles pop, because the actual real economy can not support certain asset prices back by price manipulation by central banks. Now the Canadian banks are caught deep inside a massive debt bubble and there is no way out without a wide spread market correction of not just housing prices but the debt market in general. Rates need to return to a normal rate to balance off excessive borrowing and speculative activities. The central banks created these debt bubbles and it is come the time to pay the price for their brutal scheme to boost asset prices. When it all said and done these same central banks will say it was impossible to see the bubbles before they popped. I guess they can mark me down as one of the people who can do the impossible." - Wayne Jones