Zeitgeist Posted June 2, 2019 Report Share Posted June 2, 2019 (edited) On 6/1/2019 at 2:00 AM, Dougie93 said: Yeah, I'm not sure, because I can't say exactly when this leverage bubble will start to unwind in earnest, could be tomorrow or it could be awhile yet. I can't predict exactly when the piper will have to be paid. This is why you have to be on stand by to go short on a moments notice, nobody really knows when this bomb is going to explode. This kind of leverage cannot stand, it is going to blow in the not too distant future, but not too distant is still rather imprecise. Who is the “piper”? Let me guess, the Rothschilds-Rockefellers globalist bankster elite. If such an inner circle really holds us all hostage, isn’t it in their interest to keep the interest from their investments rolling in? Canada’s five big banks and the Bank of Canada itself depend on the economy that they finance. There may be recessions, even severe ones, and some businesses won’t survive, but as we’ve learned from the Depression and the 2008 financial crisis, governments will rally to ensure there is liquidity and stimulus in the market. The bigger threat is still climate change. Water levels are rising. Whether you think preemptive measures will do the trick or that adaptation is the way to go, I suggest shifting the fear in that direction and the question of how a resource economy like Canada can profit in this environment. Offshoring of jobs and automation are also big headwinds to job growth going forward, and boosting public spending to prop up growth is unsustainable. It always comes back to responsible government. Canada rates relatively well on that. Edited June 3, 2019 by Zeitgeist Quote Link to comment Share on other sites More sharing options...
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