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Posted
3 minutes ago, Michael Hardner said:

1. Very astute.  The base model though was RAILROAD speculation in the 19th century.  Every wealthy person had major bets on a railroad, including tiny roads with no rails or land.... and the money was good if you were a land surveyor, or otherwise employed on the rich man's gambled money.
2. Indeed

this is where & how the debt comes home to roost

the government cannot afford to have a recession

they can't afford to service the debt at market rates

they can't afford to loose the revenue which services the debt neither

so they started juicing the asset classes through the roof by free money

and now they are running into the inflation trap

can't stop printing

can't raise interest rates

unprecedented situation

globally it scales up way beyond the Great Depression

Posted
2 minutes ago, Dougie93 said:

1. globally it scales up way beyond the Great Depression

1. Marxism !  And not the Trudeau kind, where there's no nationalization of business, low taxes for the wealthy, protecting assets and bailing out companies and so on.

The kind that people who call Trudeau 'Marxist' haven't heard about.

I've been warning you all about this but you are obsessed with wearing masks...

Posted
Just now, Michael Hardner said:

I've been warning you all about this but you are obsessed with wearing masks...

I find the mask to be annoying, because it doesn't work the way people think it does

so it's security theatre & virtue signalling

but the mask is not why I despise Trudeau & the Liberals

like I've despised the Liberals since they disbanded the Airborne Regiment

 

Posted
1 minute ago, Michael Hardner said:

1. Wow, you are right.  I wonder how it will play out here.

well Canada is a fundamentally counterrevolutionary cuture

in the face of the Americans, the most counterrevolutionary culture on earth

so I don't expect the masses to rise up and overthrow the British Crown in North America

but I do expect more trucker style protests on a much larger scale

Canadians are not going to burn the place down, but I would expect things to get as rowdy as Canada gets

like Winnipeg General Strike level of SHTF

  • Like 1
Posted
34 minutes ago, Dougie93 said:

in terms of a cut off point, as to where this particular crisis was started

it was Alan Greenspan who started Quantitative Easing

printing money to buy your own bonds to juice the asset prices

in the wake of the Dot Com bubble bursting

that caused the 2008 bubble

then they doubled down on QE, took it next level, into the trillions

and that's been going on for fourteen years now

so this massive Dot Com bubble now, was a generation in the making

Justin Trudeau was not the architect, and Pierre Polievre doesn't have any fixes for it

Earlier than that, going off the gold standard and switching to fiat currencies enabled the current mess.

Posted
5 minutes ago, sharkman said:

Earlier than that, going off the gold standard and switching to fiat currencies enabled the current mess.

indeed, Nixon sets the wheels in motion

but Quantitative Easing since the Dot Com is what has brought things to this massive unprecedented level

again, when Paul Volcker raised interest rates, the debts were still manageable

now we are at leverage which nobody in the 70's would have thought was possible to get away with

  • Like 1
Posted (edited)

like I say tho, I wouldn't run out to lock in your variable rate mortgages quite yet

because they are not going to allow a recession willingly

the political stakes are too high right now

and the right is not even fiscally conservative anymore, fiscal conservatives have been thrown out by populism

so whatever parties are in power, I expect them to double down on QE

because the stock market has been spiralling down

just from the Fed talking about raising rates, never mind actually doing it

the main thing is that the interest rate has to be higher than the inflation rate to contain inflation

so if they say inflation is at 8%, the interest rate to contain that would be close to 15%

if they say they are "going to" raise the rate to 3%, when inflation is 8% ?

that tells you they are not serious, they have no intention of raising rates where they need to be

because it would be a catastrophe, runaway cascading defaults

so this is how they are trapped, they have already gone past the point of orderly containment

either we burn in inflation, or we crash into deflation by interest rates being forced up

we are screwed either way, there is no soft landing

Edited by Dougie93
Posted
7 hours ago, Michael Hardner said:

1. The PM salary and MP salary is public record.  You could look it up.
2. Who cares ?  They all get paid by you and me.  Trudeau is a bit of a rich kid though...

Not talking salary, Michael.

Toronto, like a roach motel in the middle of a pretty living room.

Posted
3 hours ago, Michael Hardner said:

1. Now ?

Yes?

Quote

2. Please provide an example of me "apologizing" for Trudeau

There are 36,300 of them here. 

Quote

3. Yes, I agree.  Electing a male model from a Home Depot ad is no better than a hair model btw

Nice platitude bro. Poilievre is an intelligent, seasoned politician with a solid understanding of our democracy. 

  • Thanks 2

If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed.

Bug-juice is the new Kool-aid.

Ex-Canadian since April 2025

Posted
2 minutes ago, WestCanMan said:

1. There are 36,300 of them here. 

2. Poilievre is an intelligent, seasoned politician with a solid understanding of our democracy. 

1. How very easy it will be for a smart WestCanMan like YOU to post an example !
2. And he makes a GREAT commercial.  You are a dupe if you fall for politicians as heroes.  This is the problem with image politics such as Trudeau, which you seem to despise.  Have some discipline and ask deeper questions, rather than looking at axe marks on a cottage.

  • Haha 1
Posted
18 minutes ago, Michael Hardner said:

1. How very easy it will be for a smart WestCanMan like YOU to post an example !
2. And he makes a GREAT commercial.  You are a dupe if you fall for politicians as heroes.  This is the problem with image politics such as Trudeau, which you seem to despise.  Have some discipline and ask deeper questions, rather than looking at axe marks on a cottage.

Dude, you pretended to see swastikas and confederate flags in the convoy when Trudeau said that they were there ffs. I chased you around for a week trying to get you to post examples but you didn't have any. 

You tell lies and make shit up for him, it's retarded. 

I don't personally like the commercial, but I can't even listen to Trudeau say hello. 

If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed.

Bug-juice is the new Kool-aid.

Ex-Canadian since April 2025

Posted
36 minutes ago, Michael Hardner said:

1. How very easy it will be for a smart WestCanMan like YOU to post an example !
2. And he makes a GREAT commercial.  You are a dupe if you fall for politicians as heroes.  This is the problem with image politics such as Trudeau, which you seem to despise.  Have some discipline and ask deeper questions, rather than looking at axe marks on a cottage.

Why was Trudeau's teaching career cut short?

Toronto, like a roach motel in the middle of a pretty living room.

Posted
23 minutes ago, WestCanMan said:

1. Dude, you pretended to see swastikas and confederate flags in the convoy when Trudeau said that they were there ffs. I chased you around for a week trying to get you to post examples but you didn't have any. 

2. Youtell lies and make shit up for him, it's retarded. 

3. I don't personally like the commercial, but I can't even listen to Trudeau say hello. 

1. 2. Post a link to start?

3. You are way too personally invested in this stuff.

Posted (edited)

I sympathize with Westcan

but strategically, I'd say the Liberals and NDP are in a real jam

their only solution to inflation is more fiscal stimulus, which is throwing gasoline on the fire

so they are going to get hung by the inflation in the end

and since they've entered into this coalition, they are going to hang together

it's like Kathleen Wynne was annoying too, but ultimately she discredited the Liberals & NDP together in Ontario

so just keep feeding them rope for now, the Conservatives are better off being in opposition until 2025

although, whenever the Conservatives get in, inflation then becomes their problem

it's not going away, this is a generational crisis, fifty years in the making

Edited by Dougie93
Posted
1 hour ago, Dougie93 said:

I sympathize with Westcan

but strategically, I'd say the Liberals and NDP are in a real jam

their only solution to inflation is more fiscal stimulus, which is throwing gasoline on the fire

so they are going to get hung by the inflation in the end

and since they've entered into this coalition, they are going to hang together

it's like Kathleen Wynne was annoying too, but ultimately she discredited the Liberals & NDP together in Ontario

so just keep feeding them rope for now, the Conservatives are better off being in opposition until 2025

although, whenever the Conservatives get in, inflation then becomes their problem

it's not going away, this is a generational crisis, fifty years in the making

But hopefully the Cons will have qualified people in the right positions,unlike now.

Toronto, like a roach motel in the middle of a pretty living room.

Posted
2 hours ago, Michael Hardner said:

Let me guess.... 

Go ahead and guess.

Toronto, like a roach motel in the middle of a pretty living room.

Posted (edited)
23 minutes ago, PIK said:

But hopefully the Cons will have qualified people in the right positions,unlike now.

yeah, this is the weakest Liberal Party bench of all time

Trudeau to me actually marks the end of the Natural Governing Party

it's so vacuous, so fatuous, so entirely reliant on naked cronyism

this is not how the Liberals became the dominant party

although it's part of a larger civilzational collapse

this model of inept, corrupt, mindless authoritarianism is worldwide

it's like New Zealand has the exact same government, even tho we have little contact with them here in Canada

by latching on to this Globalist model of government

the Liberals are actually killing their unique Canadian specific advantages

Edited by Dougie93
Posted
6 hours ago, Michael Hardner said:

1. 2. Post a link to start?

Are you trying to pretend that you don't remember backing the BS about swastikas and confederate flags at the convoy now? 

You post here that you don't remember it and I'll dig up the posts.

If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed.

Bug-juice is the new Kool-aid.

Ex-Canadian since April 2025

Posted
6 hours ago, WestCanMan said:

1. Are you trying to pretend that you don't remember backing the BS about swastikas and confederate flags at the convoy now? 

2. You post here that you don't remember it and I'll dig up the posts.

1. What specifically did I say?  And maybe draw a picture of how any such statement supports Trudeau?

2. I don't remember.  Dig it up, and if my statement was wrong I will retract it.

Posted
23 hours ago, Nationalist said:

I have never heard Pixie-Dust support free speech.

A mild Hogwarts spell could have scattered the Pixie dust. However, along came the Jagmeet Singing group to put up an impenetrable wall of sound to keep the sane people from being heard.

  • Haha 1
Posted
3 minutes ago, Legato said:

A mild Hogwarts spell could have scattered the Pixie dust. However, along came the Jagmeet Singing group to put up an impenetrable wall of sound to keep the sane people from being heard.

Jagmeet needs to be dealt with. He's a flop as a representative and has to be defeated in his own riding.

Its so lonely in m'saddle since m'horse died.

Posted
2 minutes ago, Nationalist said:

Jagmeet needs to be dealt with. He's a flop as a representative and has to be defeated in his own riding.

a pampered academic elite who hates the working classes

this is how far the NDP has fallen from their own tree

they are beyond pathetic, fit for the yardarm

yet it wont be the right which hangs them from the lampposts, but rather an angry mob of blue collar workers

  • Like 2

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