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Mike's Daily Comment

Government Bonds Are a Sad Joke

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on Friday, 17 July 2015 06:49

Government Bonds are a Sad Joke - Save a million and get only $16,500 interest/year in a 10 Year Gov't Bond!!!! A great deal for borrowers, horrendous deal for savers. 



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Mike's Daily Comment

Another Major Wake-Up Call

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on Thursday, 16 July 2015 07:16

Another Major Wake-Up Call - That's what the Bank of Canada's lowering of interest rates yesterday was. Along with the confirmation that growth in Canada contracted so far this year. We'd better begin to get clear.....



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Mike's Daily Comment

Exposing Expenses

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on Wednesday, 15 July 2015 05:45

People ducking everywhere - acountability is just no fun for leaders used to the "no questions asked" approach to spending other peoples money. That seems to be about.......



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Mike's Daily Comment

Toasting the Elites

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on Tuesday, 14 July 2015 05:55

"In light of the complete capitulation of Greece to their creditors in the European Union, the International Monetary Fund"  Mike points out some remarkable examples of assets that Greece has agreed to surrender



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Mike's Daily Comment

Financial Forecast

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on Monday, 13 July 2015 06:19

Financial Forecast -The IMF became is the last institution to reduce its forecast for Canada's ecomomic growth, despite Central Banks taking unprecedented action to prevent deflation.....



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Mike's Daily Comment

How Did It All Happen?

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on Friday, 10 July 2015 06:30

How Did It All Happen? - If we want to stop repeating the same old policy mistakes, Michael thinks we need to ask why Governments continually implemented policies that dramatically reduced economic growth, increased unemployment while promising outrageous personal services



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Mike's Daily Comment

It' Not Business As Usual

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on Thursday, 09 July 2015 07:42

It' Not Business As Usual - Record levels of joblessness in Europe, the technological revolution, the explosion of World Debt, the decline in commodity prices led by a 50% plus fall in Oil prices, extreme currency moves, negative interest rates.....



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