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Central Banks creat trillions out of thin air. Some of the consequences of the unprecedented Central Bank actions are known. The rich got richer & it didn’t do much for 93% of the population…..
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One of the prinicple trends is the desperation of Government to protect the status quo welfare state by any means. The IMF is on record that the fallback position for the European Union is to confiscate 10% of individual bank accounts as they just did in Cypress.
France has added an astounding 87 new taxes in the last two years, not for new programs, but to protect status quo bureaucracy
The real danger is that they’ll go after your retirement savings like they just did in Poland.
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Simplistic cause & effect relationships in a complex world are nonsense. Yet that is what opposition politicians & special interest groups like organized labour regularly inject into the debate. The question is, do they know any better?
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These two charts show the difference between Research & Sound Analysis vs Political Grandstanding
Oil

Canadian Dollar

As the income tax deadline approaches the status quo power groups have done a great job squelching any discussion about how taxpayer money is spent. Since citizens have the obligation to pay taxes, then at least the Government has the obligation to inform us whether our tax money is being spent on projects that work. Much less…
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For over-spending on luxuries & living like the rich on taxpayer money, the actions of the executives of the taxpayer funded Portland Housing Society demand a criminal investigation.
Yet the so-called advocates for the poor & justice, the NDP, the Mayor of Vancouver & the ruling Liberals apparently don’t think so. Here’s why:
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