I hope you’re wrong. But economists say we have not understood the delay factor on interest rates alone. The government sold their soul for money and votes, screeed over the young and kept them down. In Canada real estate is an absurd part of our economy, the %. I’m sure there are other reasons. The manufacturing base is gone due to tech innovation and globalization. The service jobs that replaced them are horrible. Not close to living wage. .
That has been the goal for sometime now.
The oligarchs are determined to anything / including another mass slaughter akin to WWII to get all of the power back that they lost, and maintain it.
It will take incredible sacrifice to stop them once and for all.
I hope you’re wrong. But economists say we have not understood the delay factor on interest rates alone. The government sold their soul for money and votes, screeed over the young and kept them down. In Canada real estate is an absurd part of our economy, the %. I’m sure there are other reasons. The manufacturing base is gone due to tech innovation and globalization. The service jobs that replaced them are horrible. Not close to living wage. .
Ireland is in exactly the same, precarious position.