The Sovereign Debt Crisis Accelerates

<p>The U.S. Treasury is taking steps that could help suppress long-term interest rates as exploding government debt and interest costs put increasing pressure on the financial system. We break down what this shift means for bonds, the U.S. dollar, commodities, Canadian housing and global markets. We also touch on Canada-U.S. trade, the Churchill Falls energy deal, rising diesel prices, Argentina, various speculative assets like crypto and Bitcoin skyrocketing, and the worsening economic slowdown in China.</p><p><br></p><p>Start an investment portfolio that&#39;s built to perform with Neighbourhood Holdings! </p><p>For Mortgage Brokers: <a href="https://www.neighbourhood.com/looniehour-brokers" target="_blank" rel="noopener noreferer">https://www.neighbourhood.com/looniehour-brokers</a></p><p>For Investors and Advisors: <a href="https://www.neighbourhood.com/looniehour" target="_blank" rel="noopener noreferer">https://www.neighbourhood.com/looniehour</a></p><p><br></p><p>Check out Saily at <a href="https://www.saily.com/looniehour" target="_blank" rel="noopener noreferer">https://www.saily.com/looniehour</a> and use our promo code &#39;LOONIEHOUR&#39; to get 15% off your first purchase!</p><p><br></p><p>Schedule an exploration call with IceCap Asset Management: <a href="https://icecapassetmanagement.com/contact/" target="_blank" rel="noopener noreferer">https://icecapassetmanagement.com/contact/</a></p><p><br></p><p>✉️ Media &amp; Real Estate Inquiries: <a href="mailto:steve@stevesaretsky.com" target="_blank" rel="noopener noreferer">steve@stevesaretsky.com</a></p><p><br></p><p>Stay up to date with our information -</p><p>📫 My Real Estate Substack: </p><p><a href="https://stevesaretsky.substack.com" target="_blank" rel="noopener noreferer">https://stevesaretsky.substack.com</a></p><p>📫 The Loonie Hour Substack: </p><p><a href="https://looniehour.substack.com/about" target="_blank" rel="noopener noreferer">https://looniehour.substack.com/about</a></p><p><br></p><p>📊➡️ Loonie Hour Socials: <a href="https://linktr.ee/looniehour" target="_blank" rel="noopener noreferer">https://linktr.ee/looniehour</a></p><p><br></p><p>🎙️ Listen to the Podcast on Your Preferred Platform:</p><p><a href="https://linktr.ee/looniehour" target="_blank" rel="noopener noreferer">https://linktr.ee/looniehour</a></p><p><br></p><p>Timestamps:</p><p>00:00 Introduction</p><p>08:21 Canadian Housing Update</p><p>13:22 Mortgage Rates and Housing Risk</p><p>16:04 Canada-U.S. Trade Deal</p><p>17:48 Churchill Falls Energy Megadeal</p><p>26:53 The U.S. Bond Market Intervention</p><p>30:58 How the Treasury Is Suppressing Long Rates</p><p>35:53 America’s Exploding Interest Costs</p><p>40:36 Canada’s Debt Problem</p><p>46:37 What Higher Rates Would Do to Housing</p><p>50:48 Commodities vs Financial Repression</p><p>54:17 The Commodity Supercycle</p><p>56:50 Diesel Prices Are Surging</p><p>57:57 Argentina and the Currency Crisis</p><p>01:02:52 China’s Economy Is Getting Worse</p><p>01:07:25 Global Macro Trends Are Strengthening</p><p>01:08:03 Canada Inflation Update</p><p>01:08:45 Closing Thoughts</p><p><br></p><p>Disclaimer:</p><p>The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a &quot;loonie&quot; into any of these financial markets.</p><p><br></p><p>#LoonieHour #macroeconomics #globaldebt</p>