Mike’s Midweek Comment

Rates To Remain Stable – Central Banks & Gov’t To The Rescue

Posted by Michael Campbell

on Thursday, 14 July 2016 5:03

Michael’s Mid-Week Update: 

Central Banks have declared through their actions that they will firmly address all unwelcome distortions. The Bank of Canada lined up yesterday announcing stable interest rates going forward through a period of dismal economic growth. 
 
The increasing cost of government is restraining economic growth. While governments must be seen to be doing something their approach rarely solves the problem. Example – he Provincial and Vancouver lower mainland governments are now going to attempt to increase housing affordability. Their solution will pass laws, create a new bureaucratic police force while restricting property rights. These new rules and control of prices will not address the problem of 45K new people looking for housing in the lower mainland population next year….

related from Michael Campbell:

It’s Not Donald, Hillary, Barrack or Justin – Debt’s Running The Show

Balance.rocks

It’s Just Not Business As Usual

Posted by Michael Campbell

on Thursday, 30 June 2016 17:09

The message following the Brexit vote is that it is not about politics, it was about our failed economic policies. You’ve got youth unemployment as high as 60% in Europe, countries going bankrupt, banks in trouble and the incompetent handling of the refugee crisis, and collapsing Euro currency. Its not just happening in Europe either…

Don’t miss Michael’s Daily Comment for June 30th – The Battle For Your Money Intensifies

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Where Frightened Money Is Heading

Posted by Michael Campbell

on Thursday, 23 June 2016 0:02

Multiple levels of Government are raising more and more taxes and fees. Frightened European capital is moving into “safe” country bonds. Canada’s new CPP enhancement simply more taxes for both workers and employers suppressing economic activity.

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The Brexit vote in Europe is just a part of a major trend sweeping in the world as waves of capital are set to flee the European welfare state and the fallout will effect every market in the world as capital seeks safety. This is just the beginning of a major trend, and Michael highlights where most of this frightened capital is likely to land.

 

The Feds Poised To Smash Vancouvers Real Estate Boom

Posted by Michael Campbell

on Thursday, 9 June 2016 2:19

The BIG question: Will the Federal Finance Minister yield to pressure and do something to stifle Vancouver’s real estate market? Damage Canada’s most dynamic economic sector by an extremely large margin. In 2015 Canada created 144,000 jobs of which 110,000 were in BC, mostly in construction related to real estate…much more to in Michael’s Mid-Week Update

vanchousMore from Michael: Time To Demand The Facts