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Re: Forum gossip thread by Herman

avatar_Herman

Prog Study Warns of Canada's Coming Debt Crisis

Started by Herman, May 23, 2025, 03:35:50 PM

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Lokmar

Quote from: JOE on November 09, 2025, 05:33:47 PMBetter buy Gold n Silver ifya have already... avatar_DKG DKG!

Last year My Good Friend Lokmar advised me ta do it an' I'm the better for it!

Thanks...Lokmar!

Nope. Sold it and paid off debt.

I did buy a gold coin for my grandkid last month. I'm mostly buying collectables now.
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Thiel

Quote from: JOE on November 09, 2025, 05:33:47 PMBetter buy Gold n Silver ifya have already... avatar_DKG DKG!

Last year My Good Friend Lokmar advised me ta do it an' I'm the better for it!

Thanks...Lokmar!
Sweetie, DKG can't see your posts. I can though.

If you want to invest your allowance in silver chocolate coins instead of gold paper chocolate coins I will allow it.
gay, conservative and proud

JOE

Quote from: DKG on October 28, 2025, 09:49:46 AMCarney is splitting the budget into operating and capital spending in hopes that you won't notice the debt.

The Liberals are wasting $1.3 billion every week paying interest on the debt.

This accounting nonsense is all about hiding his unnecessary deficits and debt.

In which case, Trump is also doing as are the major economies of the world avatar_DKG DKG.

Like this man points out what is happening in the USA is happening in the rest of the world, Canada included:


These economies are headed for a debt tsunami of higher interest rates just like we had in the 1970s & then 20% inflation avatar_DKG DKG!

When so many people & governments are awash in a sea of debt there can only be an economic implosion & or a financial reset.

Thiel

Quote from: JOE on November 10, 2025, 01:49:02 AMIn which case, Trump is also doing as are the major economies of the world avatar_DKG DKG.

Like this man points out what is happening in the USA is happening in the rest of the world, Canada included:


These economies are headed for a debt tsunami of higher interest rates just like we had in the 1970s & then 20% inflation avatar_DKG DKG!

When so many people & governments are awash in a sea of debt there can only be an economic implosion & or a financial reset.
DKG does not know you still post here.

Sugarbuns, remember I explained to you last night after we had sex that Mr. Trump does not have the power to pull the accounting tricks Mr. Carney is doing.

That is because Canada is less transparent. A prime minister who is not in a minority can do whatever he wants. And doing what he wants to deceive voters is what Mr. Carney is doing.

Mr. Trump on the other had does not have that luxury. Congress has the final say on spending and the books.
gay, conservative and proud

JOE

White, pretty, educated & qualified...


Worries about getting a job when she gets out of the Navy.

If ya'll think things are so bad in Canada, not much better in the States either.

Maybe avatar_Oliver the Second llie knows better & can comment on the employment situation in America these days.

Herman


JOE

#126
A view that Canada's Budget falls short:


Guy seems to support the Conservative Party narrative
So...this may interest ya'll who aren't onside with the Liberals & te Carney government such as avatar_DKG DKG & avatar_Brent Brent

I'm somewhat neutral either way - on the fence, eh? Not sure

Have ta see how things unfold whether Carney's spending plans will work or not.

However without a doubt We are headed for more debt, which is concerning. More money printing ultimately means the currency will be worth less, will buy less in the future.

So...if these forecasts are correct, then invest accordingly.

Thiel

Quote from: JOE on November 14, 2025, 07:19:03 AMA view that Canada's Budget falls short:


Guy seems to support the Conservative Party narrative
So...this may interest ya'll who aren't onside with the Liberals & te Carney government such as
I'm somewhat neutral either way - on the fence, eh? Not sure

Have ta see how things unfold whether Carney's spending plans will work or not.

However without a doubt We are headed for more debt, which is concerning. More money printing ultimately means the currency will be worth less, will buy less in the future.

So...if these forecasts are correct, then invest accordingly.
Sweetie, Brent and DKG don't read your posts.

You don't need a youtube video to understand that the amount of debt Mr. Carney is adding is unsustainable.

What is even more troublesome is that he is he is using tax revenue to supplant the half a trillion dollars of private investment that has fled Canada under the Liberals. This is communism by stealth.
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gay, conservative and proud

Herman

Carney's budget is one of the worst cases of accounting fraud in Canadian history.

Shen Li

#129
Quote from: Herman on November 15, 2025, 08:19:31 PMCarney's budget is one of the worst cases of accounting fraud in Canadian history.

Carney's Liberals have done so much to destroy the Canadian dream. And the scary thing is they are from done.

Young Canadians will only be able to read about Canada's past glory days as one of the most prosperous and free nations in the world as Canada's fall down the global rankings accelerates.

Polivere had an excellent platform but it's not enough. My former country needs a more ambitious plan than that and that is if they began after the election in April.

Now it will be 4 more years(at least) of progressive attacks on middle class freedom and prosperity. This is not going to end well for young Canadians without a plan B to get out of Canada.
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DKG

Quote from: Herman on November 15, 2025, 08:19:31 PMCarney's budget is one of the worst cases of accounting fraud in Canadian history.

His entire platform was built on fraud. He took advantage of collective TDS among our seniors to deceive an entire nation. We even overlooked the fact that his investments should have precluded him from being the leader of any nation.
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JOE

Quote from: Shen Li on November 15, 2025, 10:57:26 PMPolivere had an excellent platform but it's not enough. My former country needs a more ambitious plan than that and that is if they began after the election in April.

Poilievre's economic plan would have required a lot more pain & sacrifice avatar_Shen Li Shen.

If Carney intends to cut the Civil Service by 10%, Poilievre would have doubled that.

If Carney wants to end home postal delivery, Poilievre would have privatized Canada's post service.

If Carney is talking about raising the retirement age, Poilievre would have raised it to 67.

Mind you, that's probably what is needed.

I somewhat agree that Carney is kicking the can down the road too much, til one day Canada will have to make more difficult Choices by 2030.

I dont think Carney is making enough tough choices.

In that regard I somewhat agree with avatar_DKG DKG

He should.

Thiel

#132
My dear sweet naive Jo Jo. Laying off redundant federal civil service employees reduces pain by cutting spending and using the savings to eliminate debt interest payments that could be used for health care or an essential service.

Unfortunately Mr. Carney will not reduce pain for average Canadians. He will not make the required cuts to the federal civil service. He is going to hire more unnecessary federal employees  to administer his red ink filled second budget. There will be no balanced budget ever under the Liberals. They will inflict unbearable pain on the nation with bloated debt interest payments. Canada will continue it's slide among advanced nations.
gay, conservative and proud

Brent

Quote from: Thiel on Today at 02:18:28 PMMy dear sweet naive Jo Jo. Laying off redundant federal civil service employees reduces pain by cutting spending and using the savings to eliminate debt interest payments that could be used for health care or an essential service.

Unfortunately Mr. Carney will not reduce pain for average Canadians. He will not make the required cuts to the federal civil service. He is going to hire more unnecessary federal employees  to administer his red ink filled second budget. There will be no balanced budget ever under the Liberals. They will inflict unbearable pain on the nation with bloated debt interest payments. Canada will continue it's slide among advanced nations.
Most day to day services we rely on are provincial responsibility. Unless your boyfriend is worried his OAS will be clawed back by the heartless global lucifer Carney. :crampe:

Thiel

Quote from: Brent on Today at 04:09:14 PMMost day to day services we rely on are provincial responsibility. Unless your boyfriend is worried his OAS will be clawed back by the heartless global lucifer Carney. :crampe:
At my poor Jo Jo's age he has a hard time remembering the branches of government and what their responsibilities are.
gay, conservative and proud

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