Bank of Canada: Clueless to incoming economic collapse. Or do they know?
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Soft landing aborted? The Bank of Canada is clueless about the incoming economic nightmare coming. Or do they know? They hiked interest rates again and continue to do QT. But the data has changed rapidly with the PMI dropping below the lowest level in the Global Financial Crisis in 2008. The yield curve is screaming disaster in the biggest inversion since the late 1980s banking crisis.
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