Mike's Daily Comment
A Parliamentary committee of all parties hopes not. The PM says we’re preoccupied with the pandemic – he’s right but this is politics.
Only problem is that no one – including a just released study commissioned by the BC NDP – says in practice, it’s not a good idea.
Interesting that they don’t find Hitler’s Mein Kampf or Mao Tse-Tung’s Little Red Book offensive but question the social justice narrative and you’re banned.
Mike talks about the blatant anti-human, anti-intellectual attitude that’s gripping society. Neil McIver on what every investor should do NOW. Don Vialoux drops by to tell us what history says is coming next in the markets. And the most important shocking stat in finance today.
The “We Can Afford” The Massive Deficit Mantra is Unravelling
Posted by Michael Campbell
on Thursday, 4 March 2021 7:55
How many times did we hear that we can afford the record government borrowing deficit because interest rates are at record lows. The only problem is – they aren’t anymore.