Michael Campbell’s MoneyTalks – Complete Show
0:47 – 6:56
Experience the Future: This week McDonalds announced it is going to replace 2500 cashiers with self-ordering kiosks. Last week Amazon’s new “Just Walk Out Technology” eliminates cashiers, sales people, shelf stockers and other low wage jobs. Obviously the future is here now, and if we don’t massively re-think how we educate our children, not many of them are going to be able to get a job. Sadly our educational establishment are ignoring the necessity to change at a time when change is happening faster than any other time in human history. Bottom line, if we don’t change how we educate our children we are inviting social unrest.
7:09 – 14-46 – Michael Levy on Amazon vs Walmart and the Bank of Canada, with the sudden fall in oil and poor inflation numbers will their be a rate hike?
15:14 – 18:51 Critical advice for high school and college graduates is delivered by Eamonn Percy, author of the 1% Solution. Eamonn tells Mike that students are being taught industrial age solutions to handle our new age of entrepreneurialism which is defined as starting new businesses, or getting involved with new ventures or ideas.
For the Entire Money Talks 2nd Hour June 24th 2017 HERE
The real message from the BC Governments upcoming surplus is “Bigger Government All the Time.” No thought of returning the excess to those who earned it, not even close. In spite of revenues exceeding expenditures, both the Greens and BC NDP is already on record to raise more taxes. The socialization of Big Government is so successful the only thing that separates the parties is how fast they’re going to grow the Government.
…also Michael’s Mid-Week Update: Whereto Oil, UBER & Sears
Despite OPEC still talking about producton cuts which had Oil in the fities in April, Oil breaks below $43 today setting up big problems for Canada’s economy and its deficits. The main driiving force behine the drop in Oil is how easily American frackers have been in ramping up their production and lowering their costs. Meanwhile the “rest of the world” has been very slow to embrace fracking, but when they do it seems inevitable that they are going to add to the low cost supply of oil. Amateur hour is over with UBER’s CEO resigning with their stock trading at a value of 68-70 Billion dollars. Mike describes UBER’s pioneering and dynamic new “Family Program”. Sears, another of the great traditional retailers is preoaring to file for bankruptcy potentially throwing 16 thousand out of work while Amazon continues to expand.
….also from Michael: Financially Illiterate Graduates a Political Boon
Students who have no awareness of the 1.3 Trillion in government debt they will be spending their lives paying off, or have no idea what an unfunded pension liability is that they will be on the hook for might be forgiven for advocating big government. Since the school system doesn’t make them aware, it will be no surprise when they get very angry when they find out they are grossly in debt before they have even begun their working lives!
…related from Michael: Socialism Gets Slammed by…..Socialists
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Why Isn’t The Government Bailing Out Sears?
Posted by Michael Campbell
on Friday, 23 June 2017 14:43
With the Government bailing out the Montreal Grand Prix, Honda, Ford and the Bombardier family just to name a few that have occurred this year, what is it about Sears that Government doesn’t want to bail it out with your tax dollars? Why not this particular private business?
…related from Mike: The Impact of Amazon’s “Just Walk Out Technology”