What drives the BoC is the need to keep the real estate ponzi scheme going. Otherwise, we will experience 30 years of struggle like Japan did, and their real estate bubble compared to our bubble
The dollar matters too - Canadian dollar will keep sliding with cuts, meaning companies can’t afford capital investment, meaning lower growth. Sort of a Trudeau death spiral much like his dad left Canada with.
QUITE RIGHT!!!!!!!!!!!!!!!!!!!!!!!!!!!! Inflation HAS DISAPPEARED FROM LIE-beral lives and is forgotten by LIE-beral economists!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Sadly - it lives on in the "vibesession" that afflicts the general public of Canada!!!!!!!
C'mon here Benny ..... WHEN was the last time the BoC ever needed to cut 50 Bps BACK to BACK ? Benny's just pumping a "Hail Mary' prayer for what's good for his own troubled Mortgage Book to prevent Defaults..... which are gonna be MASSIVE #'s of insolvencies if the BoC don't inflict resurgent inflation on Canadians by dumping rates to donut again !
The dollar matters too - Canadian dollar will keep sliding, meaning companies can’t afford capital investment, meaning lower growth. Sort of a Trudeau death spiral much like his dad left Canada with.
What drives the BoC is the need to keep the real estate ponzi scheme going. Otherwise, we will experience 30 years of struggle like Japan did, and their real estate bubble compared to our bubble
The dollar matters too - Canadian dollar will keep sliding with cuts, meaning companies can’t afford capital investment, meaning lower growth. Sort of a Trudeau death spiral much like his dad left Canada with.
It’s their agenda to cause pain and chaos to Canadians. The Trudeau’s are all hypocrites and self serving.
Exactly
SO INTENSE is this the Adam's Family?
Remember when these banks all said in unison, along with the liberal government, that inflation was transitory
QUITE RIGHT!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Inflation HAS DISAPPEARED FROM LIE-beral lives and is forgotten by LIE-beral economists!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Sadly - it lives on in the "vibesession" that afflicts the general public of Canada!!!!!!!
Thank you Benjamin Tal for shedding light on the economy!
C'mon here Benny ..... WHEN was the last time the BoC ever needed to cut 50 Bps BACK to BACK ?
Benny's just pumping a "Hail Mary' prayer for what's good for his own troubled Mortgage Book to prevent Defaults.....
which are gonna be MASSIVE #'s of insolvencies if the BoC don't inflict resurgent inflation on Canadians by dumping rates to donut again !
i guess it was today
Ben.. Rocks
The dollar matters too - Canadian dollar will keep sliding, meaning companies can’t afford capital investment, meaning lower growth. Sort of a Trudeau death spiral much like his dad left Canada with.
sixty cent dollar and super inflation ---Thanks