Mike's Daily Comment
We know – it’s the thing to say but those that want a brownie badge for saying it – don’t even bother to define it, let alone propose practical policies to address it.
History is replete with stories of what happens when people lose faith in paper currencies. And some of them occurred recently. We’re giving away 5 real, collectible 100 Trillion bills – a great contest against the backdrop of the Western world’s unprecedented money printing.
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Remember when the CBC sued the Conservative Party for using a snippet of the leaders debate in a campaign ad in 2019. Well they just lost in Federal Court – no surprise – and guess what? We’re paying the costs.
Programs are announced – and THEN goals, measurements and how they are going to be carried out are figured out. Big announcements with nothing behind them in terms of execution.
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A sane voice in a scrambled investment world.
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You Can’t Be Too Careful…
Posted by Michael Campbell
on Tuesday, 18 May 2021 6:09
Or can we? Risk is part of life. With the end of COVID in sight does saying “we can’t be too careful” create a unrealistic obstacle to reopening the economy.