Bank of Canada DESTROYS DEBT SLAVES

Bank of Canada DESTROYS DEBT SLAVES. The Bank of Canada raises interest rates once again on one of the most indebted economies in the world to 5% from 4.75%. Indebted Canadians freak out whilst Canadians who are savers applaud the move. Canada now has real rates by the CP-LIE definition. What effect will this have on the housing market and the economy?

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