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Topic summary

Posted by Herman
 - Today at 03:30:36 PM
That was pretty obvious Pete, but the Liberals did not care then and they do not care now.
Posted by Herman
 - Today at 03:28:58 PM
It's a middle class destroying carbon tax in all but name.
Posted by JOE
 - Today at 03:14:10 PM
Quote from: Herman on Today at 03:12:06 PMI know he is a one an done pm. He will not be the Grit leader in four years. He will have made his money and fled Canada just like old Shen Li. :crampe:

No Carney is trying to deliver the pipelines & natural resource extraction you want so they can benefit people like you,  hey avatar_Herman Herm?
Posted by Herman
 - Today at 03:12:06 PM
Quote from: Thiel on Today at 01:27:45 PMThis Liberal regime is trying to destroy middle class prosperity. Mr Carney was appointed to make a lot of money for himself and his fellow investors and then he will be gone. Mark my words.
I know he is a one an done pm. He will not be the Grit leader in four years. He will have made his money and fled Canada just like old Shen Li. :crampe:
Posted by Thiel
 - Today at 01:27:45 PM
Quote from: Herman on July 17, 2025, 11:49:42 PMAnother reason why Canadians are broke.

This Liberal regime is trying to destroy middle class prosperity. Mr Carney was appointed to make a lot of money for himself and his fellow investors and then he will be gone. Mark my words.
Posted by Brent
 - Today at 12:39:16 PM
Quote from: DKG on Today at 10:06:24 AMThe past three elections in fact. China has had it's thumb on the scale for the Liberals.
Trudeau blocked an investigation into which of his MP's were getting election help from China.

Our country has become a joke.
Posted by DKG
 - Today at 10:06:24 AM
Quote from: . on July 17, 2025, 12:22:46 PMPropaganda I'm guessing. I also wouldn't rule out election interference.
The past three elections in fact. China has had it's thumb on the scale for the Liberals.
Posted by Herman
 - July 17, 2025, 11:49:42 PM
Another reason why Canadians are broke.
Posted by Thiel
 - July 17, 2025, 01:52:13 PM
Quote from: JOE on July 17, 2025, 01:41:29 PMMost nations are heavily in debt avatar_Shen Li Shen or have leveraged their economies.

Only perhaps a handful like Norway, Switzerland & Singapore have stellar balance sheets with AAA credit ratings.

Maybe Canada still makes that list because of its abundance of natural resources and a relatively small population to support.

But as you point out Canada might not be as well managed as the top 3.

Australia is also AAA and its debt to gdp ratio 8s considerably lower.
Sugarbuns, remember what I told you after we had sex last night that it's rude to respond to a post with a reply that is not about the topic. Do you remember Sweetie? It was while we were spooning.

This topic is about Canadians being among the most indebted consumers in the first world. After a decade and counting of Liberal mismanagement Canadians are among the most indebted consumers in the developed world.

The consequences of this are that Americans are now about forty percent richer than Canadians. About twelve years ago they were roughly equal.

Rapidly growing debt without growing the economy is a one way ticket to developing world status. Just ask Argentina about that. And this is why Canada's problems are particularly acute.

I also should mention Canada is not honest about how they account for debt. Liberal Party governments offload federal debt to the provinces in the form of reduced transfers.

Understand now Honeybuns or should we jump in the sack first.

Posted by JOE
 - July 17, 2025, 01:41:29 PM
Quote from: Shen Li on July 14, 2025, 08:44:55 PMIs it ever. How the fuck does Carney get away with this.

In just 16 months I have grown used to the transparency here. Camada is fucking corrupt. I could never adjust to living in that 3rd world wannabe again


Most nations are heavily in debt avatar_Shen Li Shen or have leveraged their economies.

Only perhaps a handful like Norway, Switzerland & Singapore have stellar balance sheets with AAA credit ratings.

Maybe Canada still makes that list because of its abundance of natural resources and a relatively small population to support.

But as you point out Canada might not be as well managed as the top 3.

Australia is also AAA and its debt to gdp ratio 8s considerably lower.
Posted by Brent
 - July 17, 2025, 01:15:57 PM
If the Trudeau years were remarkable for anything, it was the speed and carelessness with which the Liberal government spent money — taxpayers' money.

The Liberals increased the size of the federal budget to well over $500 billion in just 10 years from $281 billion in 2015 — a staggering 93 per cent increase.

If they had allowed federal spending to increase by just the amount of population growth and inflation during that decade, the figure today would be about $363 billion, but it's closer to $540 billion.

So even after accounting for inflation and population growth, the Trudeau government increased the size of the federal government by well over 40 per cent. That even includes the way they let immigration and rising prices both get way out of control.

So when federal public-sector unions, like PSAC (the Public Service Alliance of Canada) start threatening that essential services will be cut if the Carney government touches even a dollar of public spending, don't listen.

Carney is an elitist who hates the entire working class so I expect he will cut transfers to provinces for health care instead of firing prog civil servants who serve no purpose for Canadian workers.
Posted by .
 - July 17, 2025, 12:22:46 PM
Quote from: Shen Li on July 14, 2025, 08:44:55 PMIs it ever. How the fuck does Carney get away with this.
Propaganda I'm guessing. I also wouldn't rule out election interference.
Posted by Shen Li
 - July 14, 2025, 08:44:55 PM
Quote from: DKG on July 14, 2025, 10:11:29 AMThat is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.
Is it ever. How the fuck does Carney get away with this.

In just 16 months I have grown used to the transparency here. Camada is fucking corrupt. I could never adjust to living in that 3rd world wannabe again
Posted by Brent
 - July 14, 2025, 12:19:00 PM
Quote from: DKG on July 14, 2025, 10:11:29 AMThat is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.
He is going to have young Canadians moving from their parents homes into Brookfield supplied cardboard boxes.
Posted by DKG
 - July 14, 2025, 10:11:29 AM
Quote from: Brent on July 13, 2025, 11:56:06 AMCarney is so deceitful. He is going to run two budgets to hide the massive deficits he will be adding to our national debt over the next four years.

Meanwhile, South on the border President Trump's tariffs which I supported produced a surplus in the month of June. It was not just the tariffs. The DOGE cuts to waste helped too.
https://torontosun.com/opinion/columnists/jay-goldberg-will-carney-pursue-real-spending-cuts-or-voodoo-budgeting
That is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.