Mike's Daily Comment
In this mid-week update, the US Election’s impact on Canada’s trade deals appears with Trump calling the Nafta the worst trade deal ever negotiated. Now Hillary Clinton also thinks Nafta should be renegotiated. Michael on the market’s preference for President, the effect each President will have on the exploding debt problem and pension liabilities. Deutsche Bank or similar problems potential to cause market panic.
…related Martin Armstrong on: Are we Being Prepared for World War III?
What to do when not only is provincial debt now greater than Federal debt, Canadians have a record amount of personal debt and Canada’s overall debt to GDP ratio is now 290%, worse than Italy!
…also from Michael: The commentariat’s performance during the US election shows that they have clearly chosen political affiliation over journalistic standards. Worse, over the public interest – The Downfall of the Mainstream Media
The commentariat’s performance during the US election shows that they have clearly chosen political affiliation over journalistic standards. Worse, over the public interest.
…don’t miss Michael’s Goofy: Stephen Harper’s Resignation Proves To Be No Fun for Academics
Who says there’s no bias in academics. Canadian Studies profs are so lost without the former PM that they’re holding a conference to discuss what to do next.
…also: Hot Properties: New Mortgage Rules A Game Changer
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The Definition of Cronyism
Posted by Michael Campbell
on Thursday, 13 October 2016 13:02
The Federal government is about to hand out yet another big chunk of cash to Bombardier. 81 different hand-outs to Bombardier, none of which a money manager would touch for investment purposes. The Federal Liberals are however calling it an “investment”, when really its just plain old cronyism.
…also Michael’s Mid-Week Update: US Election: Huge Disruption in Canada’s Trade?