Trudeau Is Going To Bury Us In Debt
- Thread starter Decapoda
- Start date
Trudeau is using their elitist Charter Rights against them.
Yup transfer of wealth as described in the Paris agreement
You just waste it anyway , toys , boats , vacations , who needs them ?
I tried talking my 88 yr old father into applying for the 6 year no interest, no down payment new car program just to see if they would finance an 88 yr old living off his CPP.
Of course his vehicle is good enough and he doesn't need a new vehicle so maybe in a couple of years when he decides it's his idea I'll find out. My guess was that they would have done it.
Any bets on how much worse our "fiscal update" is going to look form our last "fiscal snapshot?" When are we going to get an actual budget? Will the "fiscal update" balance itself?
Like people who have developed their retirement plan around the expectation of winning Lotto 649, I still believe that Trudeau is pinning all of his economic hopes for Canada on some kind of IMF debt jubilee. What an unimaginable, complete fool.
It continues to amaze me how comfortable Canadians have become having someone with the fiscal (and emotional) intelligence of a kindergarten student running the country.
Like people who have developed their retirement plan around the expectation of winning Lotto 649, I still believe that Trudeau is pinning all of his economic hopes for Canada on some kind of IMF debt jubilee. What an unimaginable, complete fool.
It continues to amaze me how comfortable Canadians have become having someone with the fiscal (and emotional) intelligence of a kindergarten student running the country.
Planning on winning 6/49 is silly. Sensibly people have pinned it on Lotto Max.
And having a racist, banana-stuffing clown as leader who muses about rethinking concepts as basic as space and time, but can't even table a budget, let alone balance one....sensible or silly??
If you don't table a budget, you can't say it is not balanced.
The table was busted up and thrown on the pyre. Increased carbon taxes have made it necessarry to find cheaper ways to heat the joint.
Freeland expected to announce a $400 B deficit for 2020. Trudeau ready to increase spending. There is no logic.
They want to get people back to work but the workers they are talking about are government workers sitting at home with no skills that can be converted to useful enterprise. Government is the number one industry in Canada followed closely by banking. Both useless and self serving but apparently essential.
They want to get people back to work but the workers they are talking about are government workers sitting at home with no skills that can be converted to useful enterprise. Government is the number one industry in Canada followed closely by banking. Both useless and self serving but apparently essential.
At the end of World War One, it cost 4 German marks to buy a US dollar.
Unfortunately, the 1920 Versailles Treaty was not a well thought out document. The allies attempted to force the Germans to pay for the entire war. Reparations were extensive, paid by the year, forcing Germany into wild overspending and deep deficit.
By 1923, it cost 3 TRILLION German marks to buy an American dollar. Life savings were wiped out completely. Money was essentially completely useless. It was a disaster, and a major cause of the rage that led to the rise of the National Socialist German Workers' Party. (the Nazis)
Those who do not pay attention to history are doomed to repeat it.
Unfortunately, the 1920 Versailles Treaty was not a well thought out document. The allies attempted to force the Germans to pay for the entire war. Reparations were extensive, paid by the year, forcing Germany into wild overspending and deep deficit.
By 1923, it cost 3 TRILLION German marks to buy an American dollar. Life savings were wiped out completely. Money was essentially completely useless. It was a disaster, and a major cause of the rage that led to the rise of the National Socialist German Workers' Party. (the Nazis)
Those who do not pay attention to history are doomed to repeat it.
It's amazing, but many G20 countries today are putting all of their hopes on a "debt jubilee". They believe they have it all figured out this time, and through MMT (Modern Monetary Theory) can avoid the pitfalls of the past. These countries (including Canada and our buffoon that we have chosen for it's leader) believe that unlimited debt can be accrued, and not only will this not result in the destruction of their economy and their currency, but will actually make their country and their people more prosperous. MMT is the foundational principle of the IMF and Klaus Schwab's "Great Reset".
Of course, it's all complete and total nonsense, but unfortunately the leaders of these countries are in charge of very malleable citizens with no desire to educate themselves on the matter... and who will believe almost anything you thell them as long as it means more free stuff. We are well on our way to authoritarian communist rule, without question.
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Blah, blah, blah, must spend, blah, blah, only 52% of GDP, blah, blah, Green infrastructure spending is the key to rebound our economy, blah, blah.
Fiscal update 2020: Everything you need to know, from childcare to home offices — and trees
On the edge of a bleak pandemic winter, Freeland offers a vague plan for recovery
And the the Toole comes out and says it all sounds like something but without a vaccine plan it is all crap
There can be no plan for the economy without a vaccine distribution plan: O'Toole
Who in the hell signed off on this a second time with no over sight?
The ability of Public Services and Procurement Canada (PSPC) to enter into contracts worth up to $500 million for pandemic-related goods and services — with no competitive bids or tendering — was quietly put into place at the end of March with an expiration date of Sept. 30. On Oct. 1, the government renewed that capability, this time with no fixed expiry date......More
Coronavirus: New records detail Ottawa’s ‘bold aggressive’ strategy to buy vaccines and PPE
The ability of Public Services and Procurement Canada (PSPC) to enter into contracts worth up to $500 million for pandemic-related goods and services — with no competitive bids or tendering — was quietly put into place at the end of March with an expiration date of Sept. 30. On Oct. 1, the government renewed that capability, this time with no fixed expiry date......More
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Conservatives push for parliamentary committee study into failed vaccine deal
The government announced the $44-million project in May as part of a partnership between the NRC and a Chinese company to develop a made-in-Canada vaccine.
By August, the Liberals confirmed the partnership with CanSino Biologics had fallen apart, after the Chinese government had blocked shipments of vaccine samples meant to be used in clinical trials in Canada.
Conservative Leader Erin O'Toole has criticized the Liberals for putting too much faith in Beijing, and blamed the failed deal for Canada being late to order vaccines from other foreign companies.
The proposed committee probe would look at the investment intended to upgrade the NRC facility and how the deal impacted Canada's efforts to ensure the country has timely access to vaccines..........More