https://www.wired.com/2017/05/bitcoin-c ... ack-risks/
http://www.cnbc.com/2017/06/05/ethereum ... -high.html
I honestly think Canada might be the trigger for the market collapse.
Just this week, most the major Canadian banks announced record profits on low interest rates. People are borrowing like there is no tomorrow. Debt levels are crazy.TD Bank had $2.5-billion of net income during the second quarter, up 22 per cent from a year ago. The earnings amounted to $1.31 per share.
https://www.theglobeandmail.com/report- ... e35111077/
Canada is so fragile at the moment that it wouldn't take much to throw the country into chaos. The USA and Canada are very tied together financially. I think either country could trigger problems in the other. This will be different for Canada vs 2008 collapse in the USA.More than half of Canadians say they aren’t financially prepared if interest rates jump, expenses rise: survey
“The millennial segment owes more than any previous generation and are not prepared to meet unexpected expenses. They’re homeowners, their furnace could go, they could need a new transmission on their car,” said Lunny.
http://business.financialpost.com/perso ... ise-survey