Canada’s carbon pricing on Small Businesses and Consumers is going up again, and Finance Minister Chrystia Freeland is projecting a $14-billion deficit in the 2027-28 fiscal year – April 1, 2023,
One of the main problems with pricing property and overall wealth in fiat dollars is that VOTERS can use the power of the government to keep you poor. Some consider it an exaggeration with Conservatives in Canada emphasizing TRANSFER payments, but transfer payments can give the illusion that a bankrupt Province in Canada is solvent when in actuality, it’s not.
In Canada, Provinces that can’t pay for their Public Sector without having money stolen from a province with a fall surplus are called “Have Not” provinces. These Have Not provinces benefit from a transfer payments law which actually ENCOURAGES bankrupt provinces to continue engaging in bad economic policies.
Well, on the Federal Government side of things, both the Bank of Canada and the modern “Rule by Fiat” monetary system allows idiot politicians like Justin Trudeau and Finance Minister Chrystia Freeland to get away with THEFT of wealth. Actually, being that Canada is currently a Democracy, this system of governance allows for idiot VOTERS to vote to bankrupt the country.
Some might argue that voters aren’t intentionally voting to bankrupt the country, but I disagree; being an IGNORANT ADULT about anything is not an excuse. Most people know deep down that pensions and other government welfare programs are broke; if you own a car, potholes are everywhere on the roads, and there are all sorts of problems with government services that Canadians can observe for themselves. However, most people think that, as long as the economic collapse doesn’t happen in their lifetime, why should they care?
This ultimately is how politicians like Justin Trudeau, Jagmeet Singh, and others like them rise to power because people are looking for a QUICK fix and will settle for mediocrity in exchange for a government handout. Now, truth be told even the government handouts are losing purchasing power, BUT at least Canada isn’t a third world nation, right?
As you’re reading this, I hope you can see how great civilizations fail and why the economic collapse, is gradual before it happens all at once. One of the reasons I still talk about the minimum wage is because as an example because the price of wages are FIXED, it created an economic environment in which certain jobs have been PHASED OUT, or outsourced.
So little things like learning how to sew, or home economics in general, have no purpose for being in most public schools. Why learn how to sew when I can go on welfare? Well, that void equates to Canada being reliant on IMPORTS for the simplest of things, and you have to remember that once certain manufacturing jobs have left Canada, there will be NO ONE lobbying for theming that if Canada found herself in a war, or if people stop accepting the Loonie, or the loonie lost its purchasing power, there would exist NO infrastructure for Canada, to make up for the shortage.
Furthermore, you have to remember that in Canada, there are millions of people that haven’t been exposed to certain manufacturing jobs, because they’ve been on welfare or reliant on some sort of welfare their entire lives. So it’s not like this is just an On or OFF switch, no, generations of Canadians haven’t been exposed to being PRODUCTIVE members of society.
I have friends in different parts of Latin America, and many of them have told me that they consider Argentinians very LAZY; when I ask them to explain what they mean, it sounds like what they mean is that Argentinians feel ENTITLED to things, I’ve heard that argument being made about Venezuelans also, and the reason for this is that they tried SOCIALISM.
For people who don’t get what socialism does to the mind, is that it allows politicians to do the thinking for you. When I listen to Finance Minister Chrystia Freeland speak, I know she’s full of B.S. and when she speaks, I can decipher the truth from the lies; not only do I understand the lies, but I can also position and prepare myself for what happens when her lies are exposed.
But you know whatever I know about Finance Minister Chrystia Freeland is that her socialist supporters are CONTENT with her lies, meaning that she can lie again in the future without consequence. For some Conservatives, they don’t understand how people can VOTE for such immoral politicians, but if you talk to most people, they’re just as if not more immoral than the politician they’re voting for. There was a DEMAND for Justin Trudeau; whether you want to admit that or not, is your own problem.
I’m certain most of the Liberal and NDP voters don’t care about climate change or the Carbon tax because they’re likely not paying for it OUT OF POCKET. If I’m on welfare, or I’m dependent on the government for my employment, higher taxes and tyranny come with the welfare package, so I’ll cash these government checks and be silent.
I’ll say to myself that the Liberals and NDP are doing whatever is necessary to help me maintain my standard of living. This is something most Conservatives have a hard time comprehending about the WELFARE STATE. It’s parasitic; in fact, there are a now a lot of Conservatives who GENUINELY believe that a little welfare for causes THEY support is okay, but excessive government welfare is wrong, so then I ask them the question, what is excessive welfare? and why can’t excessive welfare goalposts widen every few years?
The Federal Deficit continues to widen while taxes are rising and paychecks aren’t keeping pace with inflation; what this does is it causes shortages of certain products and services as consumers adjust their spending patterns. As consumers cut back on spending, tax collection also shrinks, and in an inflationary environment, as you’ll learn in Latin America, shrinking taxes puts central banks in a tough spot. Do they raise rates or do they lower interest rates?
The answer is to raise interest rates while engaging in austerity, but if you’re a left-wing politician, you promised the government will do more for the people, and it’s not like austerity is quick to fix in order for austerity to work; you’re going to have to have economic policies that stimulate economic growth, which is tough because austerity is tough on the people, many of whom will have to do jobs they don’t like for wages that will struggle to keep pace with inflation.
Now, the smart economic and financial thinkers in society will purchase cash-producing assets to weather the economic storm, but again, most people PREFER to allow the POLITICIANS to do their thinking for them, so this is what creates the PERPETUAL POVERTY cycle. While austerity is being implemented, a new politician will emerge who will promise the people that in exchange for their votes, they will SOLVE their poverty problems.
Voting is free, so the people desperate for a quick fix will vote for the politician who promises to FIX their problem. This is where I see Canada is headed. Can things change, sure, but I’m not confident they will because the culture of ENTITLEMENT is currently embedded into the Canadian way of life, and I’d say only about 10% of the population can see the destruction the VOTERS are causing.
I’m still embarrassed that Canadians would actually VOTE for a Carbon tax! It truly shows the level of stupidity of the Canadian people that they’d allow Politicians and special interest groups to blatantly rip them off in exchange for free dental? or $10 a day daycare. Take a step back and look how pathetic this is.
Interesting times ahead!