Mike's Daily Comment

Political and Economic Uncertainty in Europe Impacts Us

With the political uncertainties, sovereign debt crisis and banking problems the next seven months are going to be terrible for Europe but how will it all affect our finances.

Goofy & Shocking Stat

Shocking Stat @ 0:00

It’s college graduates biggest regret – made even worse by their second biggest regret. In a nutshell “I borrowed all that money to study cultural anthropology and there’s no jobs.”

Goofy @ 3:03

Quillette.com editor Andy Ngo was attacked and beaten by masked members of ANTIFA – kicking and punching him leaving him with a brain hemorrhage.  And some people think that’s justified because they didn’t like his views.

These People Are More Than Clueless

They don’t understand a basic premise of increasing condo and townhouse supply.  These projects can’t get construction loans without presales. Some in the media, government and public think that a crash in presales is good news on the affordable housing front.  Clueless.

Mike’s Editorial – Government’s Are Putting People Out of Business

With higher property taxes, higher CPP premiums, the ever increasing carbon tax, BC’s new healthcare tax for employers, hikes in mandatory vehicle insurance – governments are literally forcing some small businesses to close their doors. And they couldn’t care less.

 

Complete Show – July 6th

Mike asks is it government’s job to put people out of business because that’s what’s happening.  Eric Coffin talks about what’s next for gold while Ozzie discusses the fall-out from the crash of pre-sale condo units. Hint: it’s bad news for affordable housing.

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