Stefan Molyneux of Freedomain Radio Interviewed on the Max Keiser Show

The current state of the Canadian economy, the world financial crisis, and how to save the planet!

Category:

News & Politics

Tags:

• economics
• housing
• bubble
• canada

[alifia23]

Any canadian embassy opening soon?

[charronfamilyconnect]

Hey Stefan, how did you come up with this 3.5 Trillion Canadian Debt figure? I just want to know what makes up that figure? Did you possibly make a calculation error? I just want to know the truth because as far as I know the actual debt is 1/3 of that 3.5 Trillion dollar figure. I am here for the truth and expect only the truth and not made up numbers. Please substantiate where you got these numbers from unless you made an error. Thanks!

[charronfamilyconnect]

Part 2: Unless you are buying in TO , Ottawa or Montreal ; then average

housing price of 175,000 in Canada is about right.

I would be more worried over long term issues ; like this debt number if true ; and more concerned if prices - housing and other goods TOO - start dropping... which means incomes start dropping and taxes going up... nasty.

Time to buy an island and give gov't the finger.

BTW Stefan how did you arrive at your numbers??? All rational people want to know. Thx!

[charronfamilyconnect]

Hmmm... his debts amounts are 3 times higher than what is reported by gov't - gov't stats - 1 trillion or s0.If what he says is correct ; about gov't backed mortgages; then it will be a mess ; in terms of bail outs for banks ; just like US.

Which means higher taxes & more fees at banks.

It would be interesting to known which banks have these exposures.

If the average family income is 50,000 ; then houses cost 350,000 - 7x income. This is not a true number.US ; is around 175,000 on average.

[LukeCoulson]

Double Bubble. The Stef n Max Show.

[LukeCoulson]

Double Bubble. The Stef n Max Show.

[Decon21]

very well said stef. keep up the great work

[RuddODragonFear]

@tesla921 when people talk about copyrights, patents, trademarks, et cetera, they are talking about intellectual monopolies ("only one person gets to make / profit from X activity").

Of course, the name of the game is to control the language. So lawyers don't use this *correct* term -- nobody would agree to "protecting" monopolies -- so they pervert the language by calling them "intellectual property".

[tesla921]

@RuddODragonFear Thanks for the info. I'd like to read about different ways to disclose. Ways to protect potential profits.

Hopefully you won't mind my asking but what are intellectual monopolies? I will hunt them up in Kinsella's book but are there other places that explain them?

Nice to converse with a fellow freedom lover. I'm an avid reader of LRC and STR . You too?

[RuddODragonFear]

@tesla921 Kinsella has some good ideas on how innovators can disclose their ideas without losing the potential money they could make, and without relying on intellectual monopolies. I liked that very much.