Mike's Daily Comment
The BC government has taken a page straight out of Donald Trump’s protectionist playbook by decreeing that only unionized workers can work on infrastructure projects thereby raising the cost to taxpayers by hundreds of millions. But that’s not all – wait til you hear the over the top perks.

Canadian Governments at all three levels have gone after the real estate markets with a variety of taxes fees and levies. The new stress test is one of the sharpest instruments they’ve brought in and results just in are not pretty!

Failing to understand that is at the root of a massive number of calamities from the collapse of the Soviet Union – to the desimation of currencies – to the upcoming collapse of Canadian healthcare (unless profound changes are not forthcoming.)

The world economy has one foot on a banana peal and the other on thin ice thanks to the massive build-up of debt – investors should beware. One the world’s most respected analysts, Greg Weldon talks interest rates, gold and stocks.






Why Do We Put Up With It
Posted by Michael Campbell
on Wednesday, 1 August 2018 13:50
Politicians don’t want to take on the Public Sector Unions or a bureacracy that fights any effort to increase accounability. So we have a system of Government that doesn’t set goals, won’t measure performance or assign responsibility. A system that history has shown is guaranteed to waste money.