Saudi Arabia is rattling the oil sector with a price war that many think is aimed at U.S. oil producers. But there’s an easier price war to win: with Canadian tar-sands operators.
by Wolf Richter • • Comments Off on Canada’s Magnificent Housing Bubble at Risk, Fitch Says
Solution? Not raising interest rates. EVER. That would prick the bubble violently. Instead, Fitch says, the government should “engineer a soft landing.” Good luck!
