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Not looking good for Canada. Turns out if you punish production and reward being dependant on the state you get a low productivity society. Couple that with the insane growth in house prices you get a generation of young people who feel hopeless and unmotivated and generations of non young people (let’s say 40-85) who feel rich and unmotivated because their houses doubled, tripled, 5x in value.
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Articles like this and the stuff @TomK posts, help me understand why Canadians and Europeans are more prone to massive unrest over leftist control than Americans are.
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Following the EU will be a losing proposition, no matter what. As the economy matures, we will see how bad it is.
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21 sats \ 0 replies \ @jp305 27 Jul
True MMT experiment.
Inflation is running high? Raise taxes to cut consumer spending and finance more debt!
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People got what they voted for.
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Some of them did.
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What is damn amazing is there has been no recession - SUPER Abnormal but we bitcoiners know it's because it's being propped up by the fed.
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There are lots of Indian people there. They must be stealing taxes. They are so good at doing this.
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.