

Doomberg says he thinks he wants Carney to win, since the only way a pipeline is getting built to Europe is if a left leaning government does it.
Doomberg says he thinks he wants Carney to win, since the only way a pipeline is getting built to Europe is if a left leaning government does it.
I don’t believe in pushing any stereotypes in aggregate. Just as I wouldn’t say he was a Chinese Commie who can’t drive.
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That’s quite racist of you. Great job.
He was caught stealing 7$, he likely stole a lot more over his 30 years. I think a precedent should be set and it should be an example in mandatory training.
Due these Andrew Tate fans happen to come from a country that devalues women?
I’ve seen them not wanting to work with women due to some religious fundamentalism.
House prices rise to max out available credit. If that credit vanishes then prices will fall, as people need to save their own money to buy, and they don’t benefit from the cantillon effect raising asset values.
House prices are inversely correlated with interest rates, and housing bubbles popup wherever QE is done as a mortgage is a net short position on the purchasing power of cash.
Demographics falling is bad because of inflation targeting. Everyone must consume 2% more this year than they did last year, so the money supply must grow dramatically as demographics age and spending slows.
The mortgage then acts as a gatekeeper in our fiat system, by locking up an inelastic good necessary for survival and procreation behind a paywall that scales with low interest rates, and can only be unlocked by taking on a mortgage and completing the payment obligations. This ensures that the financial system has a steady stream of obligations that help sustain the flow of currency, every new mortgage is new money supply that benefits existing asset holders.
What we need is to get rid of mortgages. People then need to pay cash or rent, no cheap loans, all loans go toward productivity investment and startups. The government can then build high density rentals near mass transit.
We can’t replicate what we had, pipelines don’t cross the ocean.
Canada’s entire standard of living is the US.
Project 2025 says he wants to have tariffs removed against the US. Assuming he’s really following it.
He did it to escape Tesla stock. Because car companies are heavily cyclical.
He’s succeeding not failing, unfortunately.
Over 80% of exports go to the US, and without those exports Canada’s debt load will implode the country. Its not actually an option to just accept the tariffs.
The problem other country have is they are owed and they owe other countries USD. Its been the reserve currency since before the US stole Europe’s gold, its the currency of our global financial system.
Or the US can tariff us instead, destroying our economy to get us to stop with the hubris that we are a self made country and not fully reliant on the US for our standard of living.
Key industries like dairy, so Canadian citizens get the privilege of paying 24$ for a tiny block of quality cheese.
I doubt the poors health would suffer from eating cheese instead of highly processed junkfood, we may even be able to lower the obesity rate and our healthcare costs.
If Im not mistaken Trump says specifically, “if a country has tariffs on us we put tariffs on them, if they remove tariffs on us we remove tariffs on them”.
If project 2025 is to be believed his goal is to get Canada to remove their tariffs, including protectionist policies for things like banks, dairy, and telecoms.
Through that guise is he a free trade purist, and our existing free trade system is an oxymoron?
When Trump can run an ad about giving sex changes to prisoners, to then place them in a female prison, you realize there needs to be a shift towards what the average person actually wants.
Inclusively is nice, but we instead have a guy dismantling everything.
Authelia maybe?
Well I mean he’s the lefts guy. Not that he’s actually progressive, he definitely didn’t give a shot about the housing bubble when he was the governor of the BoC.