Bubble, Bubble

8 Replies to “Bubble, Bubble”

1. The US FED suggested they will start tightening the credit markets at the end of the year so long as the employment picture remains rosy. Last time the FED swung their interest rates … they crashed the economy in very short order. So … if we want an end to inflation … we will have to accept COVID-like unemployment …

2. And did you have any input to any of our politicians debt discussions?
   Hell no.
   But you’ll be stuck paying it.
   Funny how banks create money from thin air and your the ones responsible to pay them.

   Why couldn’t our politicians be on the hook for their own wasteful spending instead of their bills coming to me.

3. It is way worse than people know. The Total Government Debt under the SHITCON HARPER in 2014 was 4.1T. And Now the SHITLIB Trudeau added another 2 T. They have no where to turn and are cornered. The Debt to GDP is over 6x. Total complete COLLAPSE.
   Canada is fucked and will collapse.
   https://torontosun.com/2014/04/11/all-levels-of-canadian-government-debt-total-41-trillion

4. Like I keep saying.
   Imagine Canada was your business.
   And that the civil service were your employees..
   If your employees spent insanely,borrowed immense sums against your word and bankrupted your business.
   Would you begrudge them a pension?
   Oh look..Canada is our business..
   We are .fu…FUBAR.

5. A hockey stick truly worthy of concern.

   It portends the end of the dollar. Our currency, the Canadian dollar, is the foundation upon which our economy is built, and its demise will have profound and devastating consequences. It will take time to play out, and then it will take very little time.

   We still have a window of time in which to prepare. My advice to you is to not waste it.

   1. Inflation will be a bitch.
      Hard to get workers now? When paper is no good why work? It will all go underground.

      1. Pensioners and other fixed incomes hardest hit.

   2. Yes, slowly at first and all of a sudden.