A genuinely curious question to taxpayers who think they are funding the country: With 33T debts and deficit spending being the norm, why should I pay taxes? How much of what we pay as taxes actually go to fund "the…
> In any case, I am a strong believer in making a decision and following through with it (within reason), rather than stagnating forever in indecision and research. Some research yes, if necessary, but at some point you…
> Why would they start QE? Fed rate is at 4% right now, there's more than enough room to drop rates if an issue occurs. Right but that will also increase demand and induce more inflation, no? So Fed will be perpetually…
OK so what happens if the chip shortage lasts longer (due to war and commodity prices)and with plummeting sales and corporate earning (which will reduce tax receipts as well) the economy will enter recession? So then…
I am baffled at the Fed messaging. A year ago Powell's keynote said the inflation is a supply side problem due to "transitory" issues. How does raising interest rates with "demand destruction" help supply side inflation…
This is part of the problem that the parent comment is referring to - putting all conservatives under the same umbrella. Tea party is different from most Trump voting working class. Conservatism in recent era has taken…
I think Fed lost any credibility it had left after Greenspan. Now it's just a steep slide down. I mean, rates should have been raised in 2011. Remember when Powell tried this whole saga he is trying to do now back in…
For my own curiosity. > If you have financial assets worth over $2 million, you may have to pay a one-off exit tax calculated as a capital gains tax as if you sold all of your assets on the day you renounced. Do you…
> In my city of Toronto, average real estate prices have gone from 2x average income in 1972 to 16x average income today. To continue growing at this pace they'd have to reach 128x average income by 2072. Places like…
President Biden may not, but Fed certainly is. Remember with the eurodollar system, Fed's role at this point is pretty much a liquidity provider for anyone and everyone which they did with unconditional access to swap…
The ruling liberal party is out of touch here like many other things. Key problem here is that the inventory is super low, part of it is due to everyone wants to settle in places like Toronto/Montreal/Vancouver due to…
What would be some good stocks to invest to capitalize this? Perhaps some trading in Russian/Ukrainian Stock Exchange? Is there any significant US company listed in Nasdaq or NYSE in this space?
COVID was the largest wealth transfer in our generation, from children as young as kindergarten (who will pay prices with the reduced social and IQ growth due to quarantine and school shut downs), millennials and GenZ…
Yeah but it is the domestic extremist terrorism that is the real threat to its citizen. Got it.
After so many "conspiracy theories" that later became true, I now tend to put more weight on the idea that this is a bio-weapon or lab leak and China knew the solution or actively even tried spreading it throughout the…
For me at least, since switching to a complete meat based diet I have had a lot of my digestive issues along with host of other problems (better sleep for example but that could be because I don't have to wake up middle…
> With all due respect, the lab leak hypothesis does not change the fact Covid exists now It would though, in Jan 2020. When it was almost equivalent to xenophobia. When everyone was told travel was no biggie. And…
Not sure why you are downvoted. Health officials in US have done a phenomenal job showing how incompetent they were during this crisis. From initial downplay, then the mask fiasco, then trying to covering up the lab…
> He unequivocally said, yes. He was willing to forgo their market. US is a corporate republic. The republic that founders dreamed of has waned and frailed from generations of corporate sellout political, legal, media,…
> Possible toxicity of something that we deem safe could be an explanation. Toxicity of media, liberal arts/Ivy league graduates going to have a career in education/media/HR constantly telling man and young boys how…
Yeah I am one of those cold blooded Canadians. Weird thing is if you look at what's going in Canadian real estate, the shitty weather is not reflected in price at all. Weather and the high cost of living in all the…
> For now, don't attempt to overturn a fair democratic election and install an illegitimate government. Seems like a pretty easy thing to stay clear of. Ohhhh. You hear that? Overturning a fair democratic election.…
But the thing with these sweeping generalizations of "them" as being violent and damaging is - who gets to define what is violent and damaging? Glenn Greenwald, who I respect a lot and was instrumental in breaking the…
GTA housing/rental market is beyond abysmal. A small 1bd costs you close to 2k CAD, and not to say the pay in tech here is much less than what you would get down in South.
Not really. It has gotten worse. It used to be if you are a graduate or have experience working in a Canadian company you would score points. Which was much less prone to abuse. Now they still have point based system,…
A genuinely curious question to taxpayers who think they are funding the country: With 33T debts and deficit spending being the norm, why should I pay taxes? How much of what we pay as taxes actually go to fund "the…
> In any case, I am a strong believer in making a decision and following through with it (within reason), rather than stagnating forever in indecision and research. Some research yes, if necessary, but at some point you…
> Why would they start QE? Fed rate is at 4% right now, there's more than enough room to drop rates if an issue occurs. Right but that will also increase demand and induce more inflation, no? So Fed will be perpetually…
OK so what happens if the chip shortage lasts longer (due to war and commodity prices)and with plummeting sales and corporate earning (which will reduce tax receipts as well) the economy will enter recession? So then…
I am baffled at the Fed messaging. A year ago Powell's keynote said the inflation is a supply side problem due to "transitory" issues. How does raising interest rates with "demand destruction" help supply side inflation…
This is part of the problem that the parent comment is referring to - putting all conservatives under the same umbrella. Tea party is different from most Trump voting working class. Conservatism in recent era has taken…
I think Fed lost any credibility it had left after Greenspan. Now it's just a steep slide down. I mean, rates should have been raised in 2011. Remember when Powell tried this whole saga he is trying to do now back in…
For my own curiosity. > If you have financial assets worth over $2 million, you may have to pay a one-off exit tax calculated as a capital gains tax as if you sold all of your assets on the day you renounced. Do you…
> In my city of Toronto, average real estate prices have gone from 2x average income in 1972 to 16x average income today. To continue growing at this pace they'd have to reach 128x average income by 2072. Places like…
President Biden may not, but Fed certainly is. Remember with the eurodollar system, Fed's role at this point is pretty much a liquidity provider for anyone and everyone which they did with unconditional access to swap…
The ruling liberal party is out of touch here like many other things. Key problem here is that the inventory is super low, part of it is due to everyone wants to settle in places like Toronto/Montreal/Vancouver due to…
What would be some good stocks to invest to capitalize this? Perhaps some trading in Russian/Ukrainian Stock Exchange? Is there any significant US company listed in Nasdaq or NYSE in this space?
COVID was the largest wealth transfer in our generation, from children as young as kindergarten (who will pay prices with the reduced social and IQ growth due to quarantine and school shut downs), millennials and GenZ…
Yeah but it is the domestic extremist terrorism that is the real threat to its citizen. Got it.
After so many "conspiracy theories" that later became true, I now tend to put more weight on the idea that this is a bio-weapon or lab leak and China knew the solution or actively even tried spreading it throughout the…
For me at least, since switching to a complete meat based diet I have had a lot of my digestive issues along with host of other problems (better sleep for example but that could be because I don't have to wake up middle…
> With all due respect, the lab leak hypothesis does not change the fact Covid exists now It would though, in Jan 2020. When it was almost equivalent to xenophobia. When everyone was told travel was no biggie. And…
Not sure why you are downvoted. Health officials in US have done a phenomenal job showing how incompetent they were during this crisis. From initial downplay, then the mask fiasco, then trying to covering up the lab…
> He unequivocally said, yes. He was willing to forgo their market. US is a corporate republic. The republic that founders dreamed of has waned and frailed from generations of corporate sellout political, legal, media,…
> Possible toxicity of something that we deem safe could be an explanation. Toxicity of media, liberal arts/Ivy league graduates going to have a career in education/media/HR constantly telling man and young boys how…
Yeah I am one of those cold blooded Canadians. Weird thing is if you look at what's going in Canadian real estate, the shitty weather is not reflected in price at all. Weather and the high cost of living in all the…
> For now, don't attempt to overturn a fair democratic election and install an illegitimate government. Seems like a pretty easy thing to stay clear of. Ohhhh. You hear that? Overturning a fair democratic election.…
But the thing with these sweeping generalizations of "them" as being violent and damaging is - who gets to define what is violent and damaging? Glenn Greenwald, who I respect a lot and was instrumental in breaking the…
GTA housing/rental market is beyond abysmal. A small 1bd costs you close to 2k CAD, and not to say the pay in tech here is much less than what you would get down in South.
Not really. It has gotten worse. It used to be if you are a graduate or have experience working in a Canadian company you would score points. Which was much less prone to abuse. Now they still have point based system,…