Category: Great Moments In Socialism

Pushing The Panic Button

Lets just call it… SNAFU.

Trust The Evidence- Adapt to the Frenzy: the ‘Quad-demic’

The Guardian reports the number of hospitals ‘with flu’ in England has more than quadrupled compared with last year.’ We’re told that the UKHSA is currently monitoring the activity levels of four illnesses that all peak throughout winter: Flu, COVID-19, respiratory syncytial virus and norovirus.

Nothing To See Here

Spectator- The column you don’t want to read

Yet the biggest public health debacle in world history has been subject to a wilful public amnesia, as if it never happened. Surely you’ve noticed yourselves that the subject never arises in conversation, when so recently the C-word was all we could talk about. By ‘debacle’ I meant, of course, not the spread of the virus itself, but the spread of unprecedented, anti-democratic political overreach; of irrational, superstitious micromanagement of the disgusting, infectious proles; and of the high-handed, wholesale cancellation of civil rights.

Best Health Care In The World…Not

Nothing says abject failure like the imposition of draconian penalties in order to keep doctors from leaving socialized medicine.

Dubé tabled legislation, Bill 83, in the National Assembly on Tuesday that would require students who studied medicine in a Quebec university to devote the first years of their professional lives, as general practitioners or specialists, to working in public institutions…

A doctor refusing to follow the rules would face fines of between $20,000 and $100,000 a day and per insured act.

 

Quelle Surprise

The decline of France continues unabated.

It seems unlikely that France will have a 2025 budget…A provisional budget, likely mirroring the 2024 budget, will probably be implemented….The public deficit is expected to exceed 6% of GDP in 2024. The Barnier government had hoped to reduce it to 5% by 2025, but without a budget voted for in 2025, this target will not be met. The provisional budget will be slightly restrictive, as tax scales will not be adjusted for inflation, but will not contain any real savings measures.

The 10y yield spread of French government bonds over their German peers widened to 88bp on Monday.

The Great Toronto Condo Crash

Toronto [Pre-Construction] Condos became wildly miss priced 6 years ago

And no one cared

People just kept on buying with a ridiculously false belief rents would increase massively & mortgage rates would be 2.49% forever

Buyers would snap up Pre-Con Condos at $1250 per sqft when Re-Sale Condos across the street were offered at $825 per sqft

WTF? It made no sense

It did not. And now the sense is remaking.

Avalanche Alert

Will the camel’s back finally break in 2025?

Ten thousand illegals showing up at our borders “would throw our system completely off kilter,” he warns. CBSA is still dealing with the aftermath of 492 Sri Lankan Tamils arriving in British Columbia on a Thai cargo ship in 2010…

And while Immigration Minister Marc Miller cautions “not everyone is welcome here” — and promises he’ll enforce the rules — it’s difficult to paint over Canada’s well-established reputation as a country that rolls out the red carpet to asylum seekers. Each year, thousands of migrants enter Canada, without authorization, between official ports of entry.

 

The Part I Like Best

About Harm Reduction programs are the harms they reduce.

Related: In an exclusive investigation, The Bureau delves into the U.S. government’s case, tracking the history of fentanyl networks infiltrating North America since the early 1990s, with over 350 organized crime groups now using Canada as a fentanyl production, transshipment, and export powerhouse linked to China, according to Canadian intelligence.

Circling The Drain

More evidence that the marginal consumer is tapped out. Combine that with ruinously expensive EV mandates and you’ve got a perfect storm that can take down a longstanding auto manufacturer.

A new report suggests that the automaker’s days are numbered. In an interview with the Financial Times, two unnamed Nissan executives said the company has “12 to 14 months to survive.” “This is going to be tough. And in the end, we need Japan and the US to be generating cash,” they said.

Slow sales in the US and Japan prompted Nissan to cut more than 9,000 jobs earlier this month, while simultaneously slashing production by nearly 20 percent. Nissan’s operating profit dropped 85 percent in the third quarter, with the company earning a net loss of ¥9.3 billion ($60.1 million at today’s exchange rate).

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