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Mike’s shocked that political leaders aren’t prioritizing economic growth. You’ll love top analyst, Greg Weldon’s take on gold, US politics and the markets. Plus Ozzie on new pandemic related, real estate opportunities.
And they don’t even know it, which makes me wonder, is that why we keep them in the dark and don’t teach them about finance and economics.
$450 billion in provincial and federal deficits this year but politicians who love bigger government tell us they won’t raise taxes. Sure, and I’ve got a bridge to sell you.
Politicians talk like there are no consequences to the massive buildup of government debt. Consider that if bond rates went back to where they were in January it would add about 30 billion a year in interest cost federally.
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New Thinking Needed
Posted by Michael Campbell
on Saturday, 24 October 2020 10:26
Our politicians continue to act like it’s business as usual despite the financial and economic crisis – and that guarantees big trouble ahead for all of us.