Mike’s Saturday Editorial
Despite average income growing by 24% and poverty declining significantly during the last period of free trade, the opposition to Free Trade will be loud and determined. Likely lead by those who say they are speaking for the poor.
…also from Michael: The Fed Hikes Rates & What’s Coming Next
Since BC raised taxes with a 15% foreign buyers tax, prices shot up 28% in Toronto. Now Toronto is going to bring in a similar foreign buyers tax. Ozzie on where is the foreign money is going to drive up prices now.
….also: Average house prices up 3.5% in past year…
The failure of our leaders to think through the effects of increasing debt and unfunded liabilities, the consequences on social stability of open ended refugee immigration, or what the implications that raising certain taxes will have on other revenue existing streams is threatening the entire global financial system.
..also Michael’s Mid-Week Comment: The Fed Hikes Rates & What’s Coming Next
For those with excessive debt increasing rates are most unwelcome. How many more are coming and what markets will higher rates effect? Also Michael comments on some Canadian Bank hanky panky.
…..also from Michael: Brace Yourself For a Tax Grab Budget
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The Financial Pressure is Building to the Exploding Point
Posted by Michael Campbell
on Saturday, 18 March 2017 19:02
Government inefficiency and wasting money is something virtually everyone has come to expect. The increasing push from politicians and political action groups towards a distracted voting public is to expand the role of government to correct the very problems that it itself creates. A solution we no longer have the financial luxury to afford.
…related from Michael: Dangerous Thinking