37 Replies to “June 17, 2022: Reader Tips”

  2. Canadian Government is 9 Trillion in Debt by its own Finance Dept records.
    Canada will be broken up, as the welfare programs get shut down.
    The 1st Immigrants are going to be very unhappy when they are given worthless asswipe that buys nothing. The Canadian dollar will be like Venezuela’s currency. So worthless that they no longer count it. They just weigh it.
    https://article.wn.com/view-bitchute/2022/01/10/Pierre_Poilievre_announces_9_trillion_in_Canadian_debt_all_t/

  3. Good link watcher, hence the intentional inflation.

    First thing that should go to balance the budget is any politicians or public sector employees pension

  5. It’s probably nothing, but thousands of Chinese have been barred from retrieving cash from their bank accounts:
    https://www.zerohedge.com/political/chinese-banks-freeze-billions-deposits-officials-use-health-qr-code-bar-protestors

    From the article, the totalitarian government uses bar codes on health cards to flash red, or the protestor loses social credit points, if they try to cash out. I take the CPC-fascism as a given, so I am more worried about what this sign means for the world economy.

          1. We have to counter the Chief Justice. He is going total authoritarian/fascist/communist.

    3. Oh no!

      PM Eggplant will be having yet another episode of the Coof as he plays Coward of the Cottage.

      Luckily his Affirmative Action No Math Cabinet will be on the job.

  7. There has been a smattering of talk in the business media about “liquidity problems in bond markets”. This jargon filled phrase means that the various bond markets start to seize up — with bid offers not matching ask offers — such that bond prices start falling rapidly and bond yields (interest rates) start shooting up. Some of this is going on right now in cryptocurrency markets: margin calls on dwindling cryptocurrency values mean holders of coins have no cash to pay lenders back.

    Another jargon-filled term is “credit default swaps (CDS)”. This is the insurance on bonds bond holders pay to make sure they are paid, should the corporation go into default. Here is a graph showing that CDS rates have been going up, near the levels during the 2020 recession:
    http://www.worldgovernmentbonds.com/cds-historical-data/united-states/5-years/

    (Scroll down to the historical data graph and make sure that the “all” years is used for the graph).

    I am very uneasy about the world economy. Chinese people are locked out of their bank accounts; Europeans may freeze this winter; the supply shortages we see today may get worse. Food shortages may be severe.

  10. Bought beer at an Ontario Liqor Barn Outlet yesterday after work.
    Super-gay cashier kid asked me if I wanted to donate to Pride…
    I don’t give to anything when I’m at the cash and its always been a source of annoyance for me at the LCBO because they use it to bolster their cred, but at least they were always asking for charitable donations.
    Not long ago some other place (Loblaw?) was asking for money for trees…

    Corporate begging/harassment is lower than a meth-head begging at a street corner.

  13. I see Boris Johnson has made a second surprise visit to Kiev.

    No genuine surprise—he is a lot more popular among Ukrainian gangsters than among decent Britons.

    1. So the person who seems to have benefited most from the Sherman murders was Justin Trudeau? You can’t make this shit up.

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