Well I mean he’s the lefts guy. Not that he’s actually progressive, he definitely didn’t give a shot about the housing bubble when he was the governor of the BoC.

Doomberg says he thinks he wants Carney to win, since the only way a pipeline is getting built to Europe is if a left leaning government does it.

I don’t believe in pushing any stereotypes in aggregate. Just as I wouldn’t say he was a Chinese Commie who can’t drive.

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That’s quite racist of you. Great job.

https://www.pbssocal.org/food-discovery/food/revisiting-the-evils-of-the-food-pyramid

Food is a weird one. I’ve heard it wasn’t just lobbyists but an attempt to drop inflation, by prioritizing low input foods over high input foods.

Just the cancer causing it does. I’d read a study on it one time, I believe it’s accurate.

Did we conclude that, I thought its still heavily debated.

Some argue in the 50s and 60s the US was spending Europe’s gold to build highways and infrastructure, gifting Americans the wealth with a continuation of the new deal, they then defaulted in 1971 as inflation eroded foreign debt owed.

Some feel some form of debt accrual is how we derive such a consumption focused standard of living, which is misallocated capital that ends in someone holding the bag when it can’t realistically be paid back or when population doesn’t grow fast enough like in Japan or most of the developed countries.

I’m addicted to dopamine, and I’ll take any drug I can to get more of it.

I think people underestimate the problems with teeth hygiene. It can cause dimensia, so teeth should be brushed before you eat, though avoid mouth wash.

House prices rise to max out available credit. If that credit vanishes then prices will fall, as people need to save their own money to buy, and they don’t benefit from the cantillon effect raising asset values.

House prices are inversely correlated with interest rates, and housing bubbles popup wherever QE is done as a mortgage is a net short position on the purchasing power of cash.

Demographics falling is bad because of inflation targeting. Everyone must consume 2% more this year than they did last year, so the money supply must grow dramatically as demographics age and spending slows.

The mortgage then acts as a gatekeeper in our fiat system, by locking up an inelastic good necessary for survival and procreation behind a paywall that scales with low interest rates, and can only be unlocked by taking on a mortgage and completing the payment obligations.  This ensures that the financial system has a steady stream of obligations that help sustain the flow of currency, every new mortgage is new money supply that benefits existing asset holders.

What we need is to get rid of mortgages. People then need to pay cash or rent, no cheap loans, all loans go toward productivity investment and startups. The government can then build high density rentals near mass transit.

We can’t replicate what we had, pipelines don’t cross the ocean.

Canada’s entire standard of living is the US.

Project 2025 says he wants to have tariffs removed against the US. Assuming he’s really following it.

He did it to escape Tesla stock. Because car companies are heavily cyclical.

He’s succeeding not failing, unfortunately.

Over 80% of exports go to the US, and without those exports Canada’s debt load will implode the country. Its not actually an option to just accept the tariffs.

The problem other country have is they are owed and they owe other countries USD. Its been the reserve currency since before the US stole Europe’s gold, its the currency of our global financial system.

Or the US can tariff us instead, destroying our economy to get us to stop with the hubris that we are a self made country and not fully reliant on the US for our standard of living.

Key industries like dairy, so Canadian citizens get the privilege of paying 24$ for a tiny block of quality cheese.

I doubt the poors health would suffer from eating cheese instead of highly processed junkfood, we may even be able to lower the obesity rate and our healthcare costs.