Mike’s Midweek Comment
Record low interest rates, a 25% devaluation of the loonie and an oil price rebound wasn’t enough to rescue the Canadian economy.
… the bigger picture from Martin Armstrong: Sovereign Debt Crisis – Banking Crisis – Derivative Clearinghouse Risk
…and from Michael infrastructure spending on golf courses: A Gov’t Spending Lesson in Futility
For every dollar increase in Corporate Taxes, wages drop by more than a dollar. That’s according to a recent study that is backed up by a wealth of previous studies. Why then do Union leaders, Politicians and special interest groups continue to demand higher taxes????
…speaking of Politicians: It’s Time To Take A Stand
Michael drags a pertinent comment from P.J. O’Rourke’s great book “Parliament of Whores”
…related from Michael: A Disturbing State of Affairs
The Pension debacle in both the public and private sectors is so huge that it is going to make any financial drama that has taken place in the world to date look small-time. Just listen to these figures……
…more from Michael: One Really Tough Question
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How The Average American Should Behave
Posted by Michael Campbell
on Wednesday, 31 August 2016 12:06
After encouraging us to ride bicycles and take public transit to save the planet, this person flew, wait for it….. 20 whole miles by private jet for a dinner party!
…also, here is a rarely talked about metal that is trading at $30 down $100 lower from its high in 2007: Fundamentals for Uranium Look Great; Is the Uranium Market Ready to Soar?