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Topic summary

Posted by Herman
 - Today at 01:36:53 PM
Quote from: Thiel on Today at 12:37:50 PMSweetie, I explained to you after we had sex this morning that economic growth and investment are fleeing Canada while Canadians fall further into the debt spiral. And now there is a growing brain drain.

Canada grew at one tenth the American rate over the past decade. That is Canada losing trillions of dollars in investment, jobs, and government revenue.

Some of that lost revenue could have paid down public debt which is one of largest Canadian federal expenses. Part of that lost growth could have created mortgage paying jobs to help Canadians get out of the mountain of debt they are under.

Instead Carney is proposing higher taxes and costs to Canadians on imports. This will widen the gap between GDP per capita in Canada and America.

TD Bank has warned that Carney's policies will mean another lost decade. This was before we discovered that Carney will run deficits of closer to $100 billion per year than the $50 billion he said he would during the election.

On top of that provinces like BC and Ontario are also running massive unsustainable deficits combined with sluggish growth. The federal Liberals have been sending part of their deficits to provinces in the form of reduced transfers for things like health since they formed government in 2015.

I was born in Canada, I was educated there, but it is very hard for people with dependents to keep their heads above in water in Canada any longer. Since you are my dependent, I am better off financially outside Canada.

Understand now Sugarplum or do you want to jump in the sack again.
Keep the old fart on his hands and knees :crampe: .
Posted by JOE
 - Today at 01:07:01 PM
Quote from: Mark Carney on Today at 11:30:21 AMI knew I could count on suckers like you. :crampe:

Actually avatar_Mark Carney Mark, Mr. Prime Minister, economists are saying you will have to make cuts to government to pay for your election promises and increased defense spending.


My bet us being an Economist and former Bank Governor you will do that but many of your supporters won't like it, Mark.
Posted by Thiel
 - Today at 12:37:50 PM
Quote from: JOE on July 04, 2025, 08:34:58 PMThe US will likely fall off the fiscal cliff before Canada does, hey avatar_Herman Herm?

That Big Beautiful Bill will bankrupt the USA, hey Herm?
Sweetie, I explained to you after we had sex this morning that economic growth and investment are fleeing Canada while Canadians fall further into the debt spiral. And now there is a growing brain drain.

Canada grew at one tenth the American rate over the past decade. That is Canada losing trillions of dollars in investment, jobs, and government revenue.

Some of that lost revenue could have paid down public debt which is one of largest Canadian federal expenses. Part of that lost growth could have created mortgage paying jobs to help Canadians get out of the mountain of debt they are under.

Instead Carney is proposing higher taxes and costs to Canadians on imports. This will widen the gap between GDP per capita in Canada and America.

TD Bank has warned that Carney's policies will mean another lost decade. This was before we discovered that Carney will run deficits of closer to $100 billion per year than the $50 billion he said he would during the election.

On top of that provinces like BC and Ontario are also running massive unsustainable deficits combined with sluggish growth. The federal Liberals have been sending part of their deficits to provinces in the form of reduced transfers for things like health since they formed government in 2015.

I was born in Canada, I was educated there, but it is very hard for people with dependents to keep their heads above in water in Canada any longer. Since you are my dependent, I am better off financially outside Canada.

Understand now Sugarplum or do you want to jump in the sack again.
Posted by Mark Carney
 - Today at 11:30:21 AM
Quote from: JOE on July 04, 2025, 01:28:32 PMYou're a good Prime Minister, Mark Carney.

I'm glad I voted for you.
I knew I could count on suckers like you. :crampe:
Posted by formosan
 - Today at 10:59:17 AM
There are people living in bus shelters, dumpsters, alleyways, on the mass transit system in abandoned buildings and likely the sewer system too in my city.....who's responsible.....I think we know.
Posted by DKG
 - Today at 09:59:22 AM
Quote from: Thiel on July 04, 2025, 12:10:58 PMResource extraction and processing and manufacturing are what provided a solid middle class base in Canada. Those sectors have shrank by half on the Liberals' watch.

Real estate has more than doubled it's share of the economy. It is not sustainable.
It used to be that an immigrant or a Canadian would work in reosurce development or manufacturing, buy a home and put their kids through school. Those jobs are disappearing and with them the Canadian middle class dream.
Posted by DKG
 - Today at 09:53:02 AM
Quote from: . on July 04, 2025, 04:33:49 PMAnd just how likely do you think that course reversal is? I have my doubts; the productive classes of Canada have been hollowed out financially and are weakened to the point of insolvency. While disingenuous assclowns point outwards and assure you that it's worse in America and provide you with endless reams from the propaganda media to support their case. Which people like Shen and myself see through, preferring instead to desert what is clearly a sinking ship, taking our capital with us.

I can't speak for Shen of course, but I can speak for me. There was a time when I was convinced Canada was the country I was going to grow old and die in. I built a business from scratch and contributed my share back into public pool under the understanding that my contribution would be used to further improve the economic landscape and was ultimately rewarded instead with a government which made no secret of its fiscal irresponsibility. And I understood that no amount of "it's so much worse over there" could solve the undeniable truth of just how untenable my relationship with Canada was. I mean even if it were true that prospects in America were worse (and I'm not pretending for a moment that they are), it still doesn't negate the truth of the matter - that prospects in Canada were (and still are) dire as fuck and therefore investing my time and effort somewhere else is imperative.

I'm sorry for you man. 
Don't be sorry me, I am not one of the millions of Canadians who are forced to rely on food banks. I too am self employed with a detailed retirement plan and an exit strategy to Florida.

And I know the Liberal party will not reverse course. This is not the party of John Manley and Dan McTeague anymore. It's the party of the WEF and Klaus Schwab. They have different ideas from the Canadian proletariat about what is best for Canada.
Posted by Shen Li
 - Today at 01:34:29 AM
Quote from: Herman on July 04, 2025, 04:19:32 PMThere is nobody in the current Liberal caucus that has any desire to right the ship. They are staying the course even though that means going off a cliff.
Today's globalist Liberals have nothing in common with the pragmatic Liberal Party of Chretien and Martin. Canada was in good hands under their watch. Today's Liberals have abandoned pragmatism for ideological rigidity.
Posted by JOE
 - July 04, 2025, 08:34:58 PM
Quote from: Herman on July 04, 2025, 04:19:32 PMThere is nobody in the current Liberal caucus that has any desire to right the ship. They are staying the course even though that means going off a cliff.

The US will likely fall off the fiscal cliff before Canada does, hey avatar_Herman Herm?

That Big Beautiful Bill will bankrupt the USA, hey Herm?
Posted by .
 - July 04, 2025, 04:33:49 PM
Quote from: DKG on July 04, 2025, 09:54:33 AMFirst world status is not our birth right. It requires work to maintain it. And Canada has done everything in the past decade to shed itself of it's wealthy status. Mark Carney is doubling down on policies that put the Canadian dream at risk.

We cannot endure another decade like the last one or will lose our first world status like Argentina did long ago. There is still a lot of wealth in this country, but we will have to reverse course soon whilw we still can.
And just how likely do you think that course reversal is? I have my doubts; the productive classes of Canada have been hollowed out financially and are weakened to the point of insolvency. While disingenuous assclowns point outwards and assure you that it's worse in America and provide you with endless reams from the propaganda media to support their case. Which people like Shen and myself see through, preferring instead to desert what is clearly a sinking ship, taking our capital with us.

I can't speak for Shen of course, but I can speak for me. There was a time when I was convinced Canada was the country I was going to grow old and die in. I built a business from scratch and contributed my share back into public pool under the understanding that my contribution would be used to further improve the economic landscape and was ultimately rewarded instead with a government which made no secret of its fiscal irresponsibility. And I understood that no amount of "it's so much worse over there" could solve the undeniable truth of just how untenable my relationship with Canada was. I mean even if it were true that prospects in America were worse (and I'm not pretending for a moment that they are), it still doesn't negate the truth of the matter - that prospects in Canada were (and still are) dire as fuck and therefore investing my time and effort somewhere else is imperative.

The balance sheet is easy enough to read and plenty of business-minded folks have interpreted it as I have. Canada's future as an egalitarian wet dream will be realised in the form of a denuded peasantry forced to eke out their existence in the frozen decaying urban wilderness of paltry handouts and indentured servitude to foreign overseers. You won't be allowed to own anything and anything you thought to call yours will be stripped from you. Because you're nice. Because you allow yourselves to be governed by the kinds of rat bastard who will steal everything and grudge crumbs to utter losers like Joe. You think Carney and his successors are going to be content with the damage they've done? We've already seen a government that saw no problem with freezing peoples bank accounts and bashing their opposition in the streets with truncheons and billyclubs... what are you going to do when they come for your car? Your house? The very food on your plate?

I make no apology for refusing point blank to pay into that kind of fascism. Joe can cheer and argue for its arrival, you can hunker down behind your door and hope like hell it doesn't find you when it essentially already has and is toying with with you like some predatory alley cat. I wish it weren't so, but I know in my sinking heart you'll be placated into submission with offers of more Poilievres only to have them engineered out of reach at the finish line.

And it's hard, because I've lived among you. I know the average Canadian's capacity for decency and kindness, but there is naivete in spades there too and it is that more than anything that will be your downfall. And unlike America you don't have a Trump to stand between you and the bullets being fired at your way of life.

The US does, which is why they are enjoying some limited success in getting out from under a political system where left and right are captured and therefore puppets for the same international interests. The same political arrangement should be playing out on Canadian soil, except for the widespread unwillingness to internalise the parties are captured and actually doing something about it.

I don't see it changing any time soon. Even now I see the blinkered denial in the right's assertion they might claw their way back from the abyss if only they could get the liberals out, refusing to acknowledge there are those in their midst that serve the self-same masters that the liberal party does.

I'm sorry for you man. 
Posted by Herman
 - July 04, 2025, 04:19:32 PM
Quote from: DKG on July 04, 2025, 09:54:33 AMFirst world status is not our birth right. It requires work to maintain it. And Canada has done everything in the past decade to shed itself of it's wealthy status. Mark Carney is doubling down on policies that put the Canadian dream at risk.

We cannot endure another decade like the last one or will lose our first world status like Argentina did long ago. There is still a lot of wealth in this country, but we will have to reverse course soon whilw we still can.
There is nobody in the current Liberal caucus that has any desire to right the ship. They are staying the course even though that means going off a cliff.
Posted by JOE
 - July 04, 2025, 01:30:47 PM
Quote from: Brent on July 04, 2025, 11:42:16 AMCanada will get kicked out of the G7.

No it won't avatar_Brent Brent.
Posted by JOE
 - July 04, 2025, 01:28:32 PM
Quote from: Mark Carney on July 04, 2025, 11:18:27 AMThat will not happen on my watch.

You're a good Prime Minister, Mark Carney.

I'm glad I voted for you.
Posted by Lokmar
 - July 04, 2025, 12:34:14 PM
Quote from: JOE on July 04, 2025, 12:23:11 AMHere's a state that also voted for Trump,  hey avatar_Herman Herm?


Nevada went Red for Trump in 2024 & they have people living in tunnels underneath the streets of Las Vegas, hey Herm?

They were there under all other administrations, dipshit. WTF, over? I'm going to the Bellagio in a month. Last time we were there, we had dinner (4 of us) and it cost $1000!!!
Posted by Thiel
 - July 04, 2025, 12:10:58 PM
Resource extraction and processing and manufacturing are what provided a solid middle class base in Canada. Those sectors have shrank by half on the Liberals' watch.

Real estate has more than doubled it's share of the economy. It is not sustainable.