Mike's Daily Comment

Government Can’t Stimulate

 

Governments get into financial trouble when they yield to Big Government advocates and try to stimulate a 2 Trillion Dollar economy with a 30 Billion stimulus package. A stimulus package that will take years to roll out. 

…also Michael’s Mid-Week Update: North Korea – Uncertainty & Underlying Strength

6a00d8341c9ce753ef01b7c813f5f1970b-600wi

North Korea – Uncertainty & Underlying Strength

Mid-Week Update: The stock market shakes off North Korean uncertaintly & hits new highs this week, so do markets that refuse to go down want to go up? Tesla in the news bringing focus onto electric cars and the future of Oil & Gas. Geopolitical uncertainty triggers movements in the US Dollar & Gold.

….also from Michael: You, Your Investments & Isaac Newton’s 3rd Law

characteristics-of-a-bull-and-bear-market

“Drop In The Bucket” Spending

 

Lets at least get the facts straight on how much government spending projects really cost. Take for example the recent 35 million dollar “diversity gardens” announcement…..

….related from Michael: Spending Adults Destroying Children’s Futures

Screen Shot 2017-08-09 at 7.21.39 AM

 

Our Fountain of Inconsistencies

Politicians are the masters of inconsistency. You want affordable housing and a politician stands ready to raise taxes on housing to make them less affordable. Canada needs the revenue from resources and politicians stand ready to implement more barriers, regulations and taxes to make it harder to develop them, if at all.  

….also from Michael: The Symbolist in Chief

consistently-inconsistent

Spending Adults Destroying Children’s Futures

 

Usually its children who rely on the older generation to take care of business. Now its upside down with adults spending wildly, confident that the younger generation coming along will have no problem finding a way to pay for it all. When the music stops, make no mistake its our children who are going to have to clean up the mess….assuming that they can. 

….also from Michael: You, Your Investments & Isaac Newton’s 3rd Law

1028 retire-early-kids-baby-money 400x280

test-php-789