Great interview Jeff! Nice to hear an accountant's point of view regarding the Canadian housing market and the bond bubble. I'm sure you probably saw articles on Germany's recent bond sale failing miserably.
It seems like Germany may do something drastic soon, rather than getting dragged down by the overspending insolvent PIIGS (Portugal, Ireland, Italy, Greece, and Spain).
I hope to see what did not happen in the States. The Gov. nationalizes the debt and jails the fraudsters. The capital is given to the mortgagers if dwelling in the house and the gamblers are the losers while the homeowners/family people continue to spend into the economy, and in fact can spend more than before.
I am amazed at how this is not more intuitive. And ppl start with the complex and a lot of reading (boring) I went to first principles back in history class. The surfs were always seen in a bad light, but without the three main things crushing them (Tax, Rent & being forced into pointless wars), life was good. All these things should be illegal. Problem solved.
Great interview Jeff! Nice to hear an accountant's point of view regarding the Canadian housing market and the bond bubble. I'm sure you probably saw articles on Germany's recent bond sale failing miserably.
It seems like Germany may do something drastic soon, rather than getting dragged down by the overspending insolvent PIIGS (Portugal, Ireland, Italy, Greece, and Spain).
JamesAAnderson1988 3 months ago
I hope to see what did not happen in the States. The Gov. nationalizes the debt and jails the fraudsters. The capital is given to the mortgagers if dwelling in the house and the gamblers are the losers while the homeowners/family people continue to spend into the economy, and in fact can spend more than before.
Problem solved, golden age on it's way.
baalisgod666 3 months ago
I am amazed at how this is not more intuitive. And ppl start with the complex and a lot of reading (boring) I went to first principles back in history class. The surfs were always seen in a bad light, but without the three main things crushing them (Tax, Rent & being forced into pointless wars), life was good. All these things should be illegal. Problem solved.
baalisgod666 3 months ago