Good Times

Dan Knight- Bank of Canada Study Confirms Collapse in Consumer Confidence Amid Trade War Fallout

This decline—this emotional and economic freefall—can’t even be explained by the usual suspects. Not inflation. Not unemployment. The Bank of Canada ran the numbers, built a full regression model, and what they found was a massive unexplained drop—a “residual” in economist speak. Translation: this isn’t about what’s happening right now. It’s about what people believe is coming next.

Klein- The silent exodus: Why some Canadians are giving up

Let’s stop pretending this is about a single man or political party. The erosion of Canadian society is now so widespread that it cannot be ignored. Public safety is unravelling. Health care is collapsing. Housing is out of reach. And in many communities — including Winnipeg — Jewish families and others are living with growing fear and fewer protections.

6 Replies to “Good Times”

  1. “It’s about what people believe is coming next.”

    Yes, no kidding. You can practically smell the taxes coming. Business flees the country, but we are stuck here. People are stocking up on beans and wheel weights.

  2. The apparatchiks appear for their “businessman” PM, as Canadians implore Liberals to lie, lie and lie to them:

    “Consumer confidence in Canada remains in positive territory and is at 34 week high. Of note, the weekly Bloomberg Nanos Index is lower in British Columbia and Ontario compared to other regions in Canada.”
    – Nik Nanos, Chief Data Scientist

  3. The stats are garbage. The CPLie, the torqued employment and unemployment, all of it. Canada is circling the drain, Shithole.

  4. Today’s lesson: never surrender your guns; especially if you are a member of tribal likely to fall prey to persecution and genocide.

  5. Also running the economy off a cliff in March of 2020 probably had nothing to do with it either.

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