It should be making headlines but it isn’t. In a nutshell, the only thing between us and a big jump in interest rates is the Federal Reserve’s multi-billion dollar action but few people seem to understand.
One of the great myths perpetrated by American and Canadian pipeline opponents along with their political allies is that all First Nations oppose pipeline projects. Many bought it, but it was unequivocally false.
When it comes to the Coastal GasLink and Trans Mountain pipelines, opponents don’t even want to acknowledge the poverty in some First Nations communities that these projects would alleviate.
The Supreme Court was never going to change the Constitution at the whim of the BC government but this was all politics and not about the environment or the division of powers.
The only big financial problems all come back to borrowing and lending. The question that you shouldn’t avoid is – what are the consequences of $253 trillion in global debt. Your financial well being depends on it.
Proponents of higher taxes play dumb (okay, maybe they’re not playing) when it comes to the impact of higher income taxes but that doesn’t change the reality.