Global debt at highest peacetime level

It’s a new milestone! Its. Ot just Canadians that cant get enough of that debt, global debt levels have reached their highest peacetime levels:

We are likely to see central banks continue market interventions that have enabled governments to take on more debt since the crisis, perhaps even financing spending directly with so-called “helicopter money”.

We’re actually not a million miles away from this. By their aggressive actions over the last decade, central banks have effectively trapped themselves into continually intervening in government bond markets. They’re arguably beyond the point of no return.

Full article here.

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Just thinking
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Just thinking

Teen accused of staging his kidnapping to get parents in China to pay ransom

https://www.citynews1130.com/2019/10/08/teen-accused-of-staging-his-kidnapping-to-get-parents-in-china-to-pay-ransom/

The boy had recently moved to Canada from China without his parents.
Officers say a video showing the boy bound, gagged and wearing a blindfold was sent to his parents, accompanied by a text message demanding $1 million.

yet another fake kidnapping… on and on it goes. Who would send a 16 year old kid on his own to Canada from China. How irresponsible, but they just don’t care.

Shit It Down Already (original)
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Shit It Down Already (original)
southseacompany “How Canada’s suburban dream became a debt-filled nightmare”, Globe & Mail Recommend Dr E Michael Jones “Slaughter of Cities” ……or at minimum articles or interviews. In US….during WW2…Detroit a major manufacturing hub …..many factory workers sent to war…and blacks from Southern US were brought up to fill the need….they came by the thousands, overwhelmed the local population, and white flight from Detroit commenced. Detroit…once one of THE highest per capita income city in the world never recovered, in fact a disaster. This reaction was duly noted, studied and weaponized, with addition of Section 8 housing tactic. The goal was to disperse White ethnic voting blocks in Cities to the suburbs where they became more neutralized. In the US, the are actually tracking cities and neighbourhoods that are “too white”and actively importing non whites…like large numbers of Somalis in Minnesota.… Read more »
southseacompany
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southseacompany

“How Canada’s suburban dream became a debt-filled nightmare”, Globe & Mail

https://www.theglobeandmail.com/business/economy/article-how-canadas-suburban-dream-became-a-debt-filled-nightmare/

“For decades, families have flocked to the suburbs in search of affordable housing. But increasingly, those neighbourhoods are debt traps. Why Canadian commuters are the economy’s greatest risk”

southseacompany
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southseacompany
FULL: Navin Seepaul is a 29-year-old single dad who makes $30,000 a year as a barber. He owns a $1-million house in Brampton, a sprawling suburb northwest of Toronto. Each month, the payments on his roughly $700,000 mortgage are $4,300. On top of that, he has $24,000 in credit card debt. “The more you work, the more you spend,” says Mr. Seepaul. “‘What is $1,500? What is $2,000? Let me just run this credit card here.’ A lot of people do it.” To help pay the bills – even just the monthly interest charges are staggering – he rents out his basement to three or four students, and two truck drivers rent bedrooms on his second floor. At any given time, the young father has six vehicles parked on his property. Welcome to the Canadian suburbs, circa 2019, where the… Read more »
southseacompany
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southseacompany

“Generation Screwed wants us to pay more attention to Canada’s debt monster”, Calgary Herald

https://calgaryherald.com/opinion/columnists/corbella-generation-screwed-wants-us-to-pay-more-attention-to-canadas-debt-monster

“It’s Generation Screwed’s hope that running massive deficits and adding to Canada’s $695.6-billion debt by promising citizens all sorts of goodies with their own money will once again become unpopular — as it was in the 1990s and early 2000s — and their future will not be so threatened by spendthrift political leaders.”

paulb
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xhistory
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xhistory

Global over-tourism

xhistory
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xhistory

FIRE finance insurance real estate

Hospitality and Tourism is gargantuan now

bullwhip29
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bullwhip29

Burrard Bridge closed in both directions due to climate protest
https://vancouversun.com/news/local-news/live-burrard-bridge-closed-in-both-directions-due-to-climate-protest

>>> I guess these hardcore tree-huggers didn’t bother to show up for another round of selfies due to the unexpectedly wet Vancouver weather…lol

Best place on meth
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Best place on meth

Where was Gretchen Tunaburger?

Did the climate alarmists new mascot sleep in?

Bestplaceonearth
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Bestplaceonearth

She is sailing in her rich daddy’s cruise ship and having anger management therapy at the same time.

Just thinking
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Just thinking

remember when it was going to be shut down by Christy Clark for a lululemon yoga-thon? How typically Vancouver.

Just thinking
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Just thinking

I also remember when there was a sign on the bridge saying Vancouver was a “nuclear free zone” like that would stop the missiles.

bullwhip29
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bullwhip29
Shit It Down Already (original)
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Shit It Down Already (original)

NDP is NDPooPooing itself right now .

Just thinking
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Just thinking

Global debt at highest peacetime level

IMO the central banks need to adopt a new philosophy and accept the fact that there will be times when the economy can’t have growth, but it needs a reset. This “growth at all costs” mantra that they are promoting will eventually sink us because nothing goes up forever and at some point we’ll have to have a financial reset and they can’t stop that so if they don’t let it happen in small stages it’ll become an avalanche that will bury us. We are probably already past the point of no return now though.

bullwhip29
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bullwhip29
bullwhip29
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bullwhip29
bullwhip29
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bullwhip29
bullwhip29
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bullwhip29

A court has agreed to put a temporary stop to pricey real estate seminars fronted by HGTV stars after the Federal Trade Commission said promises that the classes could make people rich were “misleading” and “bogus.”
https://www.vancourier.com/ftc-halts-misleading-real-estate-seminars-with-hgtv-stars-1.23967501

Just thinking
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Just thinking

People are dying, but the government keeps handing out temporary foreign worker permits to trucking companies with serious violations on their records including the exploitation of workers.

https://www.citynews1130.com/2019/10/07/province-feds-action-claims-trucking-companies-risk/

Perhaps if these companies paid proper wages to Real Canadians they wouldn’t need to import foreign workers at the expense of Real Canadians.

“The fact that we have drivers that can’t read or write English or French — our two main languages — is another area of concern,” Uvanile-Hesche tells NEWS 1130. “I don’t believe that that boils down to racism, that boils down to public safety.”

you could stop any driver in Richmond and with half of them you’d have the same result. No speak Engrish and maybe not even a BC Driver’s License.

Shut It Down Already (original)
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Shut It Down Already (original)

Anybody who is a citizen is a “Real Canadian” regardless of their ethnicity.

And pieces of shit like you should probably learn to deal with that.

Just thinking
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Just thinking

Real Canadians are people who emigrate to Canada for a better life and who want to contribute to this country. They are not opportunists who are fleeing with stolen cash and looking for a place to camp out while not paying their taxes or contributing to society or this country. They are not hiding under the title of “student” or “housewife” while doing nothing for Canada except for buying an expensive house and a Mercedes with stolen money, then going out for lunch to a “cash only” restaurant to eat dim sum. But YOU CAN’T HANDLE THE TRUTH !

Shut It Down Already (original)
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Shut It Down Already (original)

Hey, it’s not my fault that you’re a dumbfuck failure who has to comfort himself by pretending that anybody of a different ethnicity driving a nice car is a criminal.

There are literally millions of people better off than you – not because they cheated the system but because they’re more educated than you, have a better work ethic that you, took more risk than you, and generally have a more positive outlook than you. And, let’s face it, you can barely even apply basic punctuation. Loser.

Shit It Down Already (original)
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Shit It Down Already (original)

This is tip of iceberg….

We allow in slimeballs from turd world countries who ROTFLAO re our rules …they scam their own ethnic groups and concurrently endanger us.

Back East..in Maritimes…the universities are seeing what a cash cow International Student are….creating a shortage of affordable housing due to demand…

Then in Richmond we have Hong Kongers expats feuding with PRC expats…

Just heard someone stole a RCMP cruiser in Richmond saying they were going to kill people…luckily they were stopped.

Isn’t multiculturalism just wondeful !!!!!!!!!!!!!!!

Oh F*ck

PS: I would paste “links” but then” comments”don’t get posted.

Shut It Down Already (original)
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Shut It Down Already (original)

You live near power lines, don’t you?

Shit It Down Already (original)
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Shit It Down Already (original)

Obviously you don’t…

Best place on meth
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Best place on meth

The PRC vermin aren’t even expats, they’re students who should be jailed and deported.

Shit It Down Already (original)
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Shit It Down Already (original)

Actually..if students…simply another tactic to establish residency….
Why do we even bother having Border Guards and passports ?