Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 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 Quote
Michael Hardner Posted July 12, 2022 Report Posted July 12, 2022 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... Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 the first of the related revolutions has already kicked off in Sri Lanka where inflation is at 54% and the masses are rising up and overthrowing the government Quote
Michael Hardner Posted July 12, 2022 Report Posted July 12, 2022 1 minute ago, Dougie93 said: 1. the first of the related revolutions has already kicked off in Sri Lanka where inflation is at 54% and the masses are rising up and overthrowing the government 1. Wow, you are right. I wonder how it will play out here. Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 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 Quote
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 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 1 Quote
sharkman Posted July 12, 2022 Report Posted July 12, 2022 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. Quote
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 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 1 Quote
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 (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 July 12, 2022 by Dougie93 Quote
PIK Posted July 12, 2022 Report Posted July 12, 2022 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. Quote Toronto, like a roach motel in the middle of a pretty living room.
WestCanMan Posted July 12, 2022 Report Posted July 12, 2022 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. 2 Quote 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
Michael Hardner Posted July 12, 2022 Report Posted July 12, 2022 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. 1 Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
WestCanMan Posted July 12, 2022 Report Posted July 12, 2022 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. Quote 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
PIK Posted July 12, 2022 Report Posted July 12, 2022 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? Quote Toronto, like a roach motel in the middle of a pretty living room.
Michael Hardner Posted July 12, 2022 Report Posted July 12, 2022 6 minutes ago, PIK said: Why was Trudeau's teaching career cut short? Let me guess.... Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
Michael Hardner Posted July 12, 2022 Report Posted July 12, 2022 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. Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 (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 July 12, 2022 by Dougie93 Quote
PIK Posted July 12, 2022 Report Posted July 12, 2022 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. Quote Toronto, like a roach motel in the middle of a pretty living room.
PIK Posted July 12, 2022 Report Posted July 12, 2022 2 hours ago, Michael Hardner said: Let me guess.... Go ahead and guess. Quote Toronto, like a roach motel in the middle of a pretty living room.
Dougie93 Posted July 12, 2022 Report Posted July 12, 2022 (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 July 12, 2022 by Dougie93 Quote
WestCanMan Posted July 13, 2022 Report Posted July 13, 2022 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. Quote 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
Michael Hardner Posted July 13, 2022 Report Posted July 13, 2022 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. Quote Click to learn why Climate Change is caused by HUMANS Michael Hardner
Legato Posted July 13, 2022 Report Posted July 13, 2022 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. 1 Quote
Nationalist Posted July 13, 2022 Report Posted July 13, 2022 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. Quote Its so lonely in m'saddle since m'horse died.
Dougie93 Posted July 13, 2022 Report Posted July 13, 2022 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 2 Quote
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