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Posted by Herman
- April 28, 2026, 09:51:12 PM
Posted by Herman
- April 28, 2026, 09:50:52 PMThey're calling it a "sovereign wealth fund."
But let's just call it what it actually is.
Debt.
Not wealth. Debt.
Here's the part nobody seems to be saying out loud...
The most famous sovereign wealth funds in the world weren't built like this.
They weren't created because a government wanted to feel productive.
They were built because those countries had excess money.
Surpluses.
Real, actual, leftover cash after expenses.
Think Norway. Oil revenues. Massive surpluses. Then they invest it.
That's wealth.
That's discipline.
That's how you build a fund that actually deserves the name.
Now look at what's being announced today.
Canada is running massive deficits.
Tens of billions.
We are borrowing money... to create a "fund"... to invest in projects... alongside private partners... while also asking Canadians to contribute their own money into it.
Read that again slowly.
We are borrowing money...
To create something that sounds like wealth...
But is actually just leveraged spending.
This isn't a wealth fund.
It's a debt fund with better branding.
And the timing couldn't be more out of touch.
Families are getting crushed on groceries.
Housing is out of reach for an entire generation.
Food banks are seeing record demand.
And the move is... create a government-backed investment vehicle to fund "major projects"?
You don't need an economics degree to feel the disconnect.
You just need to have bought groceries in the last 6 months.
Here's where it gets even more interesting.
They're modeling this after funds like Norway's.
But Norway didn't wake up one day and say, "Let's borrow a pile of money and start investing."
They earned it first.
They saved it.
Then they invested it.
That order matters.
You don't skip the hard part and jump straight to the victory lap.
And yet... here we are.
Borrow first.
Spend second.
Call it "generational investment."
Hope nobody asks too many questions.
And look, I get the pitch.
"Big projects."
"Nation building."
"Growth."
Sounds great on paper.
But when you peel it back, it's the same core issue we keep seeing.
We don't have the money.
So we borrow it.
Then we wrap it in a nicer name.
At some point, words don't change reality.
Debt is still debt.
And calling it "Canada Strong" doesn't magically make it strong.
If anything, it raises a bigger question.
When did we start confusing leverage with prosperity?
Because those are not the same thing.
Not even close.
You don't build real strength on borrowed money.
You build it on discipline.
On surpluses.
On saying no before you say yes.
Right now, this feels like the opposite.
And maybe the most frustrating part?
This isn't complicated.
This is basic.
Anyone who's ever run a household budget understands it.
You don't invest money you don't have...
And call it wealth.
That's the part that should bother people.
Not the name.
Not the branding.
The reality underneath it.
This isn't a wealth fund.
It's a bet... with borrowed money.
And eventually...
Those bets come due.
But let's just call it what it actually is.
Debt.
Not wealth. Debt.
Here's the part nobody seems to be saying out loud...
The most famous sovereign wealth funds in the world weren't built like this.
They weren't created because a government wanted to feel productive.
They were built because those countries had excess money.
Surpluses.
Real, actual, leftover cash after expenses.
Think Norway. Oil revenues. Massive surpluses. Then they invest it.
That's wealth.
That's discipline.
That's how you build a fund that actually deserves the name.
Now look at what's being announced today.
Canada is running massive deficits.
Tens of billions.
We are borrowing money... to create a "fund"... to invest in projects... alongside private partners... while also asking Canadians to contribute their own money into it.
Read that again slowly.
We are borrowing money...
To create something that sounds like wealth...
But is actually just leveraged spending.
This isn't a wealth fund.
It's a debt fund with better branding.
And the timing couldn't be more out of touch.
Families are getting crushed on groceries.
Housing is out of reach for an entire generation.
Food banks are seeing record demand.
And the move is... create a government-backed investment vehicle to fund "major projects"?
You don't need an economics degree to feel the disconnect.
You just need to have bought groceries in the last 6 months.
Here's where it gets even more interesting.
They're modeling this after funds like Norway's.
But Norway didn't wake up one day and say, "Let's borrow a pile of money and start investing."
They earned it first.
They saved it.
Then they invested it.
That order matters.
You don't skip the hard part and jump straight to the victory lap.
And yet... here we are.
Borrow first.
Spend second.
Call it "generational investment."
Hope nobody asks too many questions.
And look, I get the pitch.
"Big projects."
"Nation building."
"Growth."
Sounds great on paper.
But when you peel it back, it's the same core issue we keep seeing.
We don't have the money.
So we borrow it.
Then we wrap it in a nicer name.
At some point, words don't change reality.
Debt is still debt.
And calling it "Canada Strong" doesn't magically make it strong.
If anything, it raises a bigger question.
When did we start confusing leverage with prosperity?
Because those are not the same thing.
Not even close.
You don't build real strength on borrowed money.
You build it on discipline.
On surpluses.
On saying no before you say yes.
Right now, this feels like the opposite.
And maybe the most frustrating part?
This isn't complicated.
This is basic.
Anyone who's ever run a household budget understands it.
You don't invest money you don't have...
And call it wealth.
That's the part that should bother people.
Not the name.
Not the branding.
The reality underneath it.
This isn't a wealth fund.
It's a bet... with borrowed money.
And eventually...
Those bets come due.
Posted by Herman
- April 28, 2026, 09:46:08 PMPosted by Herman
- April 28, 2026, 09:44:17 PMConman Carney sovereign wealth fund lie is in reality a corporate welfare slush fund paid for with tax dollars and probably Canada Pension Plan contributions.
Regardless of terminology, debt remains debt, and current debt accumulation exceeds that of the previous regime under Trudeau. Are these liberal supporters thick or maybe they just don't care about future generations. We can't continue to spend like this, it isn't sustainable and that is exactly what the last budget watch dog said.
Regardless of terminology, debt remains debt, and current debt accumulation exceeds that of the previous regime under Trudeau. Are these liberal supporters thick or maybe they just don't care about future generations. We can't continue to spend like this, it isn't sustainable and that is exactly what the last budget watch dog said.
Posted by Herman
- April 22, 2026, 04:57:09 PMDo you think there is corruption going on here?
Posted by Herman
- April 15, 2026, 08:03:32 PM
Posted by Herman
- April 05, 2026, 04:27:59 PMConman Carney spoke about investing $100 billion in India. The money is coming from our pension funds.
Posted by Herman
- March 28, 2026, 08:35:36 PM
Posted by Herman
- March 28, 2026, 08:34:18 PM
Posted by Herman
- March 26, 2026, 03:31:26 PM
Posted by Herman
- March 10, 2026, 06:47:00 PM
Posted by Herman
- February 27, 2026, 04:12:01 PM
Posted by Thiel
- February 15, 2026, 01:40:18 PMQuote from: Brent on February 15, 2026, 01:04:21 PMCarney is up to his neck in the Epstein files.Mr. Carney is coated in teflon.
https://www.youtube.com/watch?v=-crr9WEkhTA
Posted by Brent
- February 15, 2026, 01:04:21 PMCarney is up to his neck in the Epstein files.
https://www.youtube.com/watch?v=-crr9WEkhTA
https://www.youtube.com/watch?v=-crr9WEkhTA
Posted by Herman
- February 10, 2026, 06:52:52 PM