Krugman warns: uh-oh Canada

Nobel prize-winning economist and New York Times columnist Paul Krugman did some research before a visit to Canada, and found disquieting signs.

His conclusion:

I’m not making any predictions here, just noting that if we go beyond banking to ask about household balance sheets and risks thereto, things up north bear watching.

Hint: Read the comments, too.

Hat tip: Tim Bousquet