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Joined 24 days ago
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Cake day: February 20th, 2025

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  • Luckily by the time you get there I’m sure you will feel it will be yourself soon, and will be more a feeling of existential dread than a fear of loss.

    But what makes it sad, death is the harm of deprivation, presupposing lack, loss, or absence of some future goods. At the same time, people deprived of things valuable for them try to acquire them joining some movements or struggling for some privileges.



  • What’s been accomplished that isn’t dwarfed by housing and rents doubling?

    I’m happy for you if you happen to own real estate, but people in my family are renters, and have had their wages diminished by the 4% population growth.

    I know why we did it, to prop up GDP, I just don’t think you should be distorting the market like that after QE raises asset values. Entrenching wealth inequality is bad for the poor, and people living in rest stops is heartbreaking.

    What programs have even been funded, as far as I’m aware we pulled consumption forward, and all this progress only landlords feel is funded with future austerity; as we buy 50% of all mortgage bonds to pump their real estate holdings using borrowed money.




  • He’s the patriot that supported Canada doing mass immigration to reduce Canadian wages, to protect asset values against a “wage price spiral”, where workers finally had actual bargaining power for wages. The Liberals have hollowed out the middle class the last decade, while never funding a single program, so we owe a huge debt as per capita GDP fell.

    Now Carney wants to withdraw the capital gains tax increase before it has even been implemented, and to tariff foreign emitters, a tax on ourselves in order to gift it to Brookfield’s ESG department for carbon capture. Coincidentally where he just used to work.

    I’d like if we moved in the reverse direction, but I think too many people are benefiting from real estate to do anything about it. We just gifted 300m to Bangladesh, maybe its time we stopped destroying poor Canadians by removing GST on housing or building mass transit?




  • Well they’re keeping all their confiscated shitcoins, and they’re finding a budget neutral way to buy additional Bitcoin, according to the white house website.

    As far as pilfering, the money supply grows at nearly 10% a year, gold prices rise 10% a year, housing a bit less; but its still a great store of value. If you believe in housing bubbles that gatekeep necessary goods behind 30 year loans, and you believe in misallocated capital that requires progressively larger bailouts, then the existing system works great.