Loading video...

Video Failed to Load

Go Home

Russian economic collapse: mortgage defaults are dramatically increasing. From December 2022 to December 2025, overdue mortgage debt has almost tripled, going from 91.6B to 265.6B rubles. And with bad loan volumes spiking too, Russian banks may be in big trouble very shortly.💥

166,225 views • 5 months ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

📈 Claim: Canada’s Economy Grew by 2.2% in Q1 2025 Reality Check: Artificial Boost from Tariff-Driven Exports: The reported 2.2% GDP growth in Q1 2025 was significantly influenced by businesses expediting exports to the U.S. ahead of anticipated tariffs, particularly in sectors like passenger vehicles and industrial machinery. This frontloading inflated export figures temporarily and is not indicative of sustained economic strength. Weak Domestic Demand: Despite the headline GDP growth, domestic indicators tell a different story. Household spending growth slowed to 0.3%, and residential investment declined by 2.8%, reflecting a cautious consumer base and a cooling housing market. ⸻ 📉 Claim: Canada Maintains a AAA Credit Rating, the Best in the G7 Reality Check: Credit Rating vs. Economic Reality: While Canada retains a AAA credit rating, this does not necessarily reflect the immediate economic challenges faced by citizens, such as rising unemployment and increasing household debt. Credit ratings assess the government’s ability to meet its financial obligations, not the overall economic well-being of its populace. ⸻ 📊 Unemployment Rate at 6.9% Reality Check: Highest Since 2017 (Excluding Pandemic Years): The unemployment rate rose to 6.9% in April 2025, marking the highest level since January 2017, excluding the pandemic years. This increase indicates a softening labor market, with employment declines noted in key sectors like manufacturing and retail trade. Regional Disparities: Ontario experienced a significant employment decline, with 35,000 jobs lost in April alone, pushing the province’s unemployment rate to 7.8%. ⸻ 🏠 Canadians Are Managing Mortgage and Rent Payments Reality Check: Rising Mortgage Delinquencies: Ontario’s mortgage delinquency rate rose to 0.24% in Q1 2025, a 71.5% increase from the same period in 2024, indicating growing financial strain among homeowners. Increased Non-Mortgage Delinquencies: Non-mortgage consumer delinquencies also surged, particularly among younger Canadians, reflecting broader financial stress across different credit products. ⸻ ⚠️ Conclusion: A Disconnect Between Government Narratives and Economic Realities While official statements highlight positive indicators like GDP growth and strong credit ratings, underlying data reveals economic vulnerabilities: The GDP growth is largely attributed to temporary factors, such as preemptive exports due to tariff threats, rather than sustainable domestic demand. Unemployment rates are rising, with significant job losses in key provinces and sectors. Household financial stress is evident through increasing mortgage and consumer debt delinquencies. These factors suggest that the proclaimed economic strength may not align with the lived experiences of many Canadians, warranting a more nuanced and transparent discussion about the nation’s economic health.

Marc Nixon

13,238 views • 1 year ago