Moonbox

My reading and "compression" skills...? You're a treasure trove of low-IQ quotes bud.

My case is for fundamental economic principles. When nearly 40% of Canada's investment capital goes to housing (higher than anywhere else in the world), it's not going to other things like productivity-enhancing business investment. Denying this relationship make you the economic equivalent of a flat-earther. ?

Can you explain how Ukraine is responsible?

I just did. Economics 101 is evidently over your head. ?

Yes! Really! ? As for when, you've been squawking his messages from the beginning of this thread. Presumably you don't speak Russian, so we forgive you for paraphrasing off Russia Today.

Because you parrot everything he says, which is all critical of the other side. That this struck you as a novel thought worth examining is shockingly dumb.

I make my own bread. Sometimes I do it with the grains I use to make my own beer. It's good. Lots of people make bread where I live.

These sorts of comments are how we know your knowledge of economics is next to zero. Saying there's no link/correlation (direct or otherwise) between two alternative investment classes underlines an ignorance of even basic concepts like scarcity and opportunity cost. Woof.

If it wasn't an invasion, then the Earth doesn't orbit the sun either. In 2014 I flew to Mexico from Toronto. I drank a bunch of Mexican beer. I travelled around the Mayan Riviera. Margo Robbie said that sometimes you have to be a beauty and a beast.

1) We're talking about a multi-decade trend, not "at the moment", and it's been documented and talked about by economists and think tanks like CD Howe for years. 2) If housing starts are down then new home construction isn't stable...it's down...because they're the same thing. 3) You demonstrably don't know what you're talking about. So you're telling us that perfectly safe investments are better in a heavily-down market? Great! I'm afraid this is another example of you nattering about things you don't know anything about. Here's a summary from the Post, which you're so fond of quoting: A good tax system rewards risky investments that increase the economy’s capacity to grow. Housing is a drag on productivity since it’s a magnet for capital that could be better used elsewhere. Canada plows significantly more money into transferring existing homes to new owners than it does on research and development each year. https://financialpost.com/news/economy/housing-mania-requires-tough-decisions-something-the-government-cant-be-trusted-to-make

There's the full quote! Let's see...Yep! It's still incredibly stupid! A picture of a grocery store from a free stock photo website? Every time I think we've reached the floor on your foolishness, you up the ante and prove me wrong.

I don't think you can blame them for the problem, but perhaps for not fixing it more quickly. This is something that's been Yes. I think Doug Ford is just doing anything he can to not play culture politics. He'll win the next 2-3 election just by not being a complete assclown. That's how bad the Liberals were before.

Desired effect and optimal effect are also vastly different. I can agree that the western media had an overly rosy idea of the scale and immediacy of Russia's economic pain. Russia was able to prop up their currency with a war chest they'd built up over a decade (which is close to gone now) and with spiked oil prices (which have since fallen). However unrealistic western prognostications were, we have to also keep in mind that Russia doesn't provide a fair accounting of much of anything when it comes to their economy. 25% of Russia's budget in 2023 is completely classified.

It's not wrong. This is something the Fraser and CD Howe Institutes have been warning about for years, along with economists across the country, and even the newspapers have been all over it recently as well. You even highlighted one of the primary problems: Which as far as productivity and GDP goes, it does little/nothing for the economy. Near-free borrowing costs made real-estate speculation safer, easier and more profitable than investing almost anywhere else. If you could make money doing that, capital business investment ends up being unattractive and we've seen the rates of both get increasingly unbalanced over the last 15-20 years. Unsurprisingly, it's come with decreasing labor productivity growth compared to our peers.

and that's one of the biggest problems we have with productivity. When real-estate speculation is more profitable for people than business/enterprise investment, that's where the money goes. If was all going to building new places, that would be one thing, but tying increasing amounts of money up into an existing residential market isn't doing anything for productivity.

Yeah begging for provincial and federal bailouts has been Toronto's fiscal strategy since I was born. I don't really understand how this is where Trudeau's government draws the line on wasteful spending, but I'm happy to see both levels of government finally telling them to fix their house.

Beautiful. Let's keep that quote up there for everyone to see. It's the dumbest thing anyone's ever said on this thread, and it's all yours .

That's all there was. Maybe you can cite the math you thought you did? This isn't a very long thread. It should be easy... You're not telling me I'm losing, you're just telling me how I handle it when I lose. Wow. ?

Pulling up the quote you're claiming to exist or the citation you assure us you have is how you resolve these issues. It could not be more simple. That's an easy way to make the other person look bad, but your carrying on about why you can't and won't quote or cite anything only makes you look stupid. If that's the goal, you're doing great. ?

If $1B = $1B counts as "math" for you, it's no wonder you have no perspective on these debates. If you don't have to tell me, then why are you...telling me? ?

You can't show any lies because you make them up. You make up what people say, refuse to quote them saying what you claim they say, and then spend pages and pages carrying on about it. You also make up your sources and your information, claiming you have it and then refusing to show it. For you, of all people on this forum, to claim dishonesty against anyone is a magnificent joke.

That's why the quote function is there, genius. Your unwillingness and inability to back up your bullshit just highlights your dishonesty and your ineptitude.

Nobody said that western goods weren't still getting to Russia, but when your entire western border (where most of your population lives) is closed and no western countries are willing to trade with you, secondary and black markets are all you've got. Your prices will be worse and your supply much lower too. Pretending that the sanctions haven't had effect is deluded.

No you didn't, you just claimed it was. Repeating it isn't demonstrating anything. ?

I don't think that schoolboard trustees should be elected, honestly. There is very little access or information on any of them an many of them don't even have websites. The majority of voters don't even have children, and I don't personally understand what the point of these positions is in the first place.