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Why the next recession could be different � and far more dangerous | Financial Post
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Author:  Newsbot [ Wed Feb 10, 2016 3:31 pm ]
Post subject:  Why the next recession could be different � and far more dangerous | Financial Post

Title: Why the next recession could be different � and far more dangerous | Financial Post
Category: Law & Order
Posted By: shockedcanadian
Date: 2016-02-10 14:27:21
Canadian

Author:  shockedcanadian [ Wed Feb 10, 2016 3:31 pm ]
Post subject: 

Do a quick referendum and cut what citizens agree should be cut. You would see that cuts to the RCMP and their management would be very popular, cuts to the CBC, cuts to the undercover RCMP and CSIS pretending to work for the CBC. Get the government out of societies affairs, let the free market reign, innovate and compete.

I am bearish on Canada for a number of reason, not the least of which is the level of distrust our allies have for us and our so-called commitment to capitalism and democracy. When they dollar hit .55, we might see a bit of a bump. In general, the low dollar will just allow foreigners to buy property on the cheap.

Good luck.

Author:  BartSimpson [ Wed Feb 10, 2016 3:47 pm ]
Post subject:  Re: Why the next recession could be different � and far more dan

The problem with the next recession is that we can't spend our way out of it without creating runaway inflation.

That said, it's time to hedge at least some of your money into physical gold, physical silver, and firearms and ammunition. These things always hold their value and it's best to have some before the prices go up.

Author:  peck420 [ Wed Feb 10, 2016 3:48 pm ]
Post subject:  Re: Why the next recession could be different � and far more dan

I read, I shrugged...I read some more....I laughed.

11 or so paragraphs of doom porn...and there it is...the caveat paragraph. Yup.

Click bait.

Author:  fifeboy [ Wed Feb 10, 2016 3:53 pm ]
Post subject:  Re:

shockedcanadian wrote:
Do a quick referendum and cut what citizens agree should be cut. You would see that cuts to the RCMP and their management would be very popular, cuts to the CBC, cuts to the undercover RCMP and CSIS pretending to work for the CBC. Get the government out of societies affairs, let the free market reign, innovate and compete.

I am bearish on Canada for a number of reason, not the least of which is the level of distrust our allies have for us and our so-called commitment to capitalism and democracy. When they dollar hit .55, we might see a bit of a bump. In general, the low dollar will just allow foreigners to buy property on the cheap.

Good luck.

What would Sean do?

Author:  BartSimpson [ Wed Feb 10, 2016 3:58 pm ]
Post subject:  Re: Why the next recession could be different � and far more dan

The US Federal Debt is now over $19 trillion on a 2015 GDP of 18.1 trillion.

Our Federal debt is 104% of GDP. According to most bankers that's impossible to repay.

Add on 17% for the debts of the states and the total US debt is then 121% of GDP.

Greece is at 175%.

Author:  shockedcanadian [ Wed Feb 10, 2016 4:15 pm ]
Post subject:  Re: Re:

fifeboy wrote:
shockedcanadian wrote:
Do a quick referendum and cut what citizens agree should be cut. You would see that cuts to the RCMP and their management would be very popular, cuts to the CBC, cuts to the undercover RCMP and CSIS pretending to work for the CBC. Get the government out of societies affairs, let the free market reign, innovate and compete.

I am bearish on Canada for a number of reason, not the least of which is the level of distrust our allies have for us and our so-called commitment to capitalism and democracy. When they dollar hit .55, we might see a bit of a bump. In general, the low dollar will just allow foreigners to buy property on the cheap.

Good luck.

What would Sean do?



Sean from IBM? He would collect his pension and enjoy the good life. The product of a family of government employees who "played the game" while risking the lives of allies and assisting to harm American businesses in Canada.

Of course, it's people like this who never cared about the long term viability and opportunities for Canada, the most treasonous of citizens. They see opportunity, they take it for their own benefit, let your grandkids deal with the strengthen border and lack of economic success of the nation. No accountability= a failed nation.

Author:  fifeboy [ Wed Feb 10, 2016 6:33 pm ]
Post subject:  Re: Re:

shockedcanadian wrote:
fifeboy wrote:
shockedcanadian wrote:
Do a quick referendum and cut what citizens agree should be cut. You would see that cuts to the RCMP and their management would be very popular, cuts to the CBC, cuts to the undercover RCMP and CSIS pretending to work for the CBC. Get the government out of societies affairs, let the free market reign, innovate and compete.

I am bearish on Canada for a number of reason, not the least of which is the level of distrust our allies have for us and our so-called commitment to capitalism and democracy. When they dollar hit .55, we might see a bit of a bump. In general, the low dollar will just allow foreigners to buy property on the cheap.

Good luck.

What would Sean do?



Sean from IBM? He would collect his pension and enjoy the good life. The product of a family of government employees who "played the game" while risking the lives of allies and assisting to harm American businesses in Canada.

Of course, it's people like this who never cared about the long term viability and opportunities for Canada, the most treasonous of citizens. They see opportunity, they take it for their own benefit, let your grandkids deal with the strengthen border and lack of economic success of the nation. No accountability= a failed nation.

Well then, I guess we're lucky you're here!

Author:  Hmmmm [ Wed Feb 10, 2016 7:06 pm ]
Post subject:  Re: Re:

fifeboy wrote:
.... it's people who never cared about the long term viability and opportunities for Canada ..... They see opportunity, they take it .. etc.
I think that applies to most of us, who have enough of a struggle without trying to influence events over which we have virtually no control.

Author:  shockedcanadian [ Wed Feb 10, 2016 7:16 pm ]
Post subject:  Re: Re:

quote]
Well then, I guess we're lucky you're here![/quote]


You can patronize me but you aren't changing the facts.

Some are the architects of the damage to Canadas reputation and economic trust, I am simply the messenger. It's a torch I didn't ask to carry.

Author:  Hmmmm [ Wed Feb 10, 2016 7:23 pm ]
Post subject:  Re: Re:

shockedcanadian wrote:
You can patronize me but you aren't changing the facts.
No one can change facts but most of us don't equate them with rhetorical opinions. That way lies madness.

Author:  shockedcanadian [ Wed Feb 10, 2016 7:59 pm ]
Post subject:  Re: Re:

Hmmmm wrote:
shockedcanadian wrote:
You can patronize me but you aren't changing the facts.
No one can change facts but most of us don't equate them with rhetorical opinions. That way lies madness.


My wife and I are going to lose our home because of this so called rhetoric, while the security apparatus interfered with my career, detained my wife and I at the border even though I have no record or allegations. It has been an issue that the UN has viewed and to which numerous U.S agencies are now aware of and more will become aware of. If you lost your liberty and right to self determination you would probably handle it worse than I have.

It isn't rhetoric when myself and many others suggested long ago that Canada's economy was too regulated, centrally controlled and linear in nature. How is it that Alberta needs to remain undiversified while other large oil locales like Texas have vast industry beyond just oil?

It's not rhetoric to watch everyone complain about the Conservatives in Alberta, voting them out for NDP in a mass show of defiance, which was really due to the price of oil, and now once again flip flopping against the same NDP because the price of oil went down even further. Again, an economy that refuses to be diverse, and a centralized economic system that believes that the government knows how to best diversify rather than providing liberty and allowing businesses to compete on their own merit.

It's not rhetoric to suggest that the very first covert agent with the RCMP wasn't even a Canadian. He was an Italian immigrant who went by the name Frank Zaneth. He imported into Canada tactics that weren't in line with our system of justice, but the RCMP didn't care as long as the "results" were in. Other agencies have followed suit and we still can't shake the ideology in this country that the "ends justify the means". Dinosaurs in the eyes of other democracies.

Our entire history has rewarded "loyalty" to the Crown before innovation and individualism. From the first plots of land given to those who fought for the British while in Canada, to the nepotism we see from government employees. The end result is a system far too controlled and out of the hands of talent and free market principles. We are simply not fit nor prepared for legitimate globalized competition, which is why certain agencies would rather sabotage rather than even pretend to compete.

Author:  Hmmmm [ Wed Feb 10, 2016 8:29 pm ]
Post subject:  Re: Re:

shockedcanadian wrote:
My wife and I are going to lose our home
I cannot imagine what that would feel like and I offer my (completely inadequate) sympathy.
Quote:
If you lost your liberty and right to self determination you would probably handle it worse than I have.
Despite what you may be going through this is pure rhetoric and you have not the knowledge or the right to make such a statement. Neither you nor I knows how I would handle the situation, or how it would compare to your own reaction.

I am sorry for whatever troubles you are experiencing and will try to make allowances when reading your posts, but it's sad to see you badmouthing Canadians generally, in a scattershot way.

Author:  BRAH [ Wed Feb 10, 2016 11:03 pm ]
Post subject:  Re: Why the next recession could be different � and far more dan

The media needs to quit their fear mongering.

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