"Michael O'Brien" is an anagram for "Binomial Cheer", "Inhale Microbe", or if you prefer, "Heroin Alembic". o/
@ILoveTinfoilHats
Ай бұрын
Thank you for this valuable insight!!
@GM4ThePeople
Ай бұрын
@@ILoveTinfoilHats you are most welcome
@qjsharing2408
Ай бұрын
I guess if we aquiesced to just being a primary resource export vassal, Trump won't hit us too hard with the tariffs. I noticed this speaker didn't mention a single value add industry
@ILoveTinfoilHats
Ай бұрын
9% sounds great until you compare it to the S&P at >20%. Most my money is in US stocks, and it will be for the entirety of the Trudeau gov't
@dirtlump
Ай бұрын
I am surprised the levels of 'obtuse normalcy bias' being exhibited by those who do not see the current yoy 9% returns at this late juncture of now completely unsustainable 'extending and pretending' Debt cycle.... as anything but precursory to an equally unsustainable 'bank' of stored cpi inflation that must inevitably unwinde and be attenuated as losses across M2/3 instruments. In my view.... everything is about to become extremely expensive for the vast majority of Canadians
@catherinedesilets8960
Ай бұрын
I believe that if Canadians got to secure 15 & 30 year fixed rates on our mortgages that would make us all win with a more sustainable budget to work with Since we are only given short term rate mortgages 3-5 yr with false promises that rates are to stay low then rising rates & doubling our mortgages… just saying why can’t we learn economics from the USA
@dirtlump
Ай бұрын
@@catherinedesilets8960 Very simply because there is NO 'market' for Canadian Mortgages(Mortgage Backed Securities) as evidenced most recently July 17/18/19 where once again the BoC has had to intervene to a total of now ~$30 Billion over 3 days to maintain it's 4.75% benchmark..... at a time when ~$100B is on Deposit by Canadian Banks. Simply put.... the last time this happened (BoC intervention in REPO) in Jan/Feb .... it culminated in Gov't Finance(TaxPayers) March/24 purchasing ~$30B in Canadian BankCMHC(TaxPayer) insured Mortgage Backed Securities to get those steaming piles of dawg-sh*t off their books.... and just guess what's happening again ? NO media coverage... nada... zilch.... donut ! but if you google it you can educate yourself ? Canada has a massive Housing/Mortgage default wave coming.... and until that attenuates there is no 'Market' for 30 yr fixed instruments... Full Stop !
@hchalz
Ай бұрын
Trudeau and Freeland made Canada the best country in the world. There is gold on the sidewalks, as long as you want to pick. Opportunities are in everything. Just dump your money in Canada, Trudeau will guarantee that you will get rich in no time, provided you pay him tax
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