Mike's Daily Comment
The World Health Organization Special Envoy for COVID-19, Dr. David Nabarro, just stated that the WHO doesn’t support lockdowns as the primary tool to fight COVID-19. (Photo: Reuters)
I know people love getting a freebie from government but before we borrowed even more money – isn’t it past time we started making sure the recipients were hurt by the pandemic?
Mike asks how far we’re willing to go to lock down COVID-19, John Johnston tells us to watch the stock market immediately following the US election for clues as to how the next 4 years will go. Plus Justin Smith on mortgage funds, Victor, Ozzie and much more.
What We’ll Discuss:
- How private mortgage funds work, why they experience lower volatility, and what factors influence their risk and return
- The differences between investing in a private mortgage fund vs providing mortgages directly to borrowers
- Which mortgage fund we’ve partnered with, why we chose them, and how you can get involved
- Tuesday, October 13th @ 11am Pacific time
Is the Debt Sustainable
Posted by Michael Campbell
on Wednesday, 14 October 2020 6:18
Maybe. The former Head of the Bank of Canada, Stephen Poloz, says it depends on what the borrowed money’s spent on. Hint: sending cheques to just about everyone won’t do it.