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Cake day: April 29th, 2025

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  • Well when the polling was that bad its generally a bad look to be the sole thing propping it up, hence how they lost official party status. They also somehow didnt see Trudeau raising capital gains taxes to turn boomers against him, blowing through the budget so Freeland could create fake drama blaming Trudeau, and setting things up so Carney could come in as a savior to keep the party in power.


  • Everyone is so mad at the cons who havent held power for a decade, meanwhile the party that won was ordering unions back to work and importing UN wage slaves to depress salaries, as they borrow money to buy half of all mortgage bonds to provide more full recourse loans to for-profit banks to extort the population during a clearly deliberate housing crisis.

    I think that the capital gains tax hike Carney already rolled back was all a ploy to win the election, as was Freelands fake outrage over the massive budget overage. The party that won is just an entity that scams the population to continue to rob the poor; who knew Trudeau’s best before date was expiring, and orchestrated Trudeau’s further unpopularity in order to bring in a savior to roll it all back and promise to restore fiscal sanity. Yet everyone is here clapping about our current situation while we literally have no labor party, after the NDP likely intentionally destroyed itself via a rich lawyer in a rolex, who hasnt raised taxes on the rich a solitary dime to fund anything despite holding the entire balance of power in his hands.

    Canada is screwed, we’ve been scammed again. The rich orchestrated all of this, and nothing about the Liberals plans have changed; the immigration numbers are the same as planned, the spending is the same, the entire cabinet is the same. The wealth inequality will continue to grow, and if you’re poor you’ll get to keep your unfunded dental checks while your cost of living continues to rise far more than the scraps you are given.

    The most clear proof is you’ve never heard Carney talk about the housing crisis prior to the election, you’ve never heard him say a single word against forcing unions back to work, never made mention of the insane spending or negative per capita GDP growth, it was radio silence as all these terrible things happened. The most progressive thing he did was make millions promoting ESG for Brookfield to sell investments at an inflated markup, because Brookfield is an alternative investment corporation, no different than Blackrock whose fees are also significantly higher on ESG funds they promote.














  • we got in this morass because the neoliberal state and its accompanying economy financialized every damn thing

    The problem is monetary policy, not deregulation. Deregulation of zoning and housing policy would actually prevent monetary policy from creating such a large housing bubble.

    Our Bank of Canada targets a 2% inflation, which means prices need to continuously rise as technology actively reduces goods prices, and we then exclude investments and housing appreciation entirely, and we do hedonic adjustments to discount goods inflation. Then there’s likely an element of shrinkflation, as company find tricks to cheapen products or degrade services, which lead to no inflation in the CPI but higher profits and then lower prices.

    So the money supply needs to grow via low interest rates, in order to provide a windfall to boomers to encourage them sell their real estate holdings, to create new bank loans, to increase the money supply, which turns into aggregate demand, in order to create inflation in the CPI.

    But we can’t build enough houses due to reverse neo-liberalism, so housing acts as liquidity sponges for cheap debt, and people hold them as investments in perpetuity since they think prices are always going to go up. Also as interest rates fall inflation falls, as interest expense is included in the CPI while housing appreciation is not, its a feedback loop due to its poorly constructed nature. The Bank of Canada now also buys half of all mortgage bonds to attempt to reverse this, so they’re actually printing money in order to cause deflation funnily enough, again due to the absurd way the CPI is constructed.






  • -Mass immigration and loosening regulation so temporary students can work 40 hours a week when we finally had wage pressure, as people asked for simple cost of living adjustments after massive asset price inflation and corporate revenue.

    -Allowing unions to be forced back to work, eliminating all bargaining for wages.

    -Ignoring the cost of living increases from QE and unfunded stimulus, by not taxing the rich a dime to pay for any of it.

    Am I wrong in any of this, I’d love a carefully thought out retort that isn’t Cons bad.