http://dagblog.com/link/oy-canada-9265 Comments for "Oy, Canada?" en http://dagblog.com/comment/109163#comment-109163 <a id="comment-109163"></a> <p><em>In reply to <a href="http://dagblog.com/link/oy-canada-9265">Oy, Canada?</a></em></p> <div class="field field-name-comment-body field-type-text-long field-label-hidden"><div class="field-items"><div class="field-item even"><p>I don't get what Krugman is on about. What the charts show is Canada didn't have a housing bubble, and we didn't have a house-price cash. So is he concluding we might still have one? Where's the evidence?</p> <p>And is household debt-to-income still rising? Yes, but it never reached the peak levels in the U.S., and it's still below current U.S. levels now. Does it bear watching? Yes. Is it "cause to be very worried?" I don't see it. </p> <p>Let me assuage Krugman's concerns with this article from just over a year ago, by respected NYT columnist Paul Krugman:</p> <p><a href="http://www.nytimes.com/2010/02/01/opinion/01krugman.html">http://www.nytimes.com/2010/02/01/opinion/01krugman.html</a></p></div></div></div> Sun, 06 Mar 2011 06:30:30 +0000 acanuck comment 109163 at http://dagblog.com