Home Capital, Canada's biggest "alternative" mortgage lender, is not a bank - which today is part of its problem because
Publisher of WOLFSTREET.com
Wolf Richter is the publisher of WOLFSTREET.com where he grapples with economic, business, and financial debacles and opportunities. <br> <br> He lives in San Francisco and has over 20 years of C-level operations experience, including turnarounds and a VC-funded startup.
The entire economy - including government revenues and thereby the services offered by these governments - depends on wild property speculation. And everyone is praying that it can somehow be maintained.
04/17/2017 10:20 EDT
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