Mike’s Saturday Editorial

The Downfall of the Mainstream Media & The Stirrings of a Revolution

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on Saturday, 15 October 2016 12:16

In the US millions have become so disillusioned by a one sided media plus clear evidence of collusion by the FBI and IRS to get Hillary Clinton elected. With European Governments mistrusted and fighting in the streets in the US, there is one forthcoming financial issue that could be the death blow for trust in Government institutions and the media. The pension crisis is mathematical. The big question, when government workers no longer get their pension check, and millions no longer trust the democratic institution, what comes next?

....also: The 3 Most Popular Articles Of The Week



Mike’s Saturday Editorial

Finance Minister Put the Brakes on Real Estate But Can We Afford It

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on Saturday, 08 October 2016 15:34

New mortgage rules are designed to put the brakes on real estate.... 6 months after it already topped in Vancouver. Mike's bottom line - we'll regret it

....related Michael's comment on the new rules: Always The Last To Know



Mike’s Saturday Editorial

They're Making a Big Mistake on Climate Policy

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on Saturday, 01 October 2016 14:05

If politicians want public support for climate policy then they'd better rethink their approach. The way things are now the costs are born locally for benefits dispersed globally.

Want a shock?: Oh, Oh, The Latest Vancouver Real Estate Numbers



Mike’s Saturday Editorial

Oh No Not Again

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on Saturday, 24 September 2016 18:47

We're living in the economic version of Groundhog Day....two more downgrades of Canada's GDP growth but the big news is that politicians and central bankers don't know what to do.

....relatedl: Super Hero Politics



Mike’s Saturday Editorial

Hillary or Donald? Who cares?

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on Saturday, 10 September 2016 12:07

We're missign the point. His lies, her lies - It won't matter which of the most unpopular, divisive candidates in history wins the election - it will further erode confidence in government  making the next four years the most chaotic in generations.

...also: That's right. Canada and North Korea are the only 2 countries where you officially can't spend your own money on health treatment. There's a powerful lobby that would rather you spend a third of a year on a waiting list if you are only in pain and its not life threatening. The Lunacy Surrounding That Voracious Canadian Money Pit





Mike’s Saturday Editorial

Complexity Failure Crisis & Panic

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on Saturday, 03 September 2016 14:53

Intensive Government management of our economy cannot solve the problems we have. There are too many variables involved. Massive debt problems, commodity prices, currency values, the actions of Governments at all three levels, International Government actions. They've all led to untenable derivative positions and banking system problems could trigger a significant liquidation panic at any time.


Complexity Failure Crisis & Panic

Have you noticed how often like the finance department the Bank of Canada and all the major financial institutions have to revise their forecasts for the economy? I’d say the word relentlessly is appropriate. So what's the problem? Are they incompetent or are they lying to us? 

No, it's because the challenge of predicting the actions of all consumers, businesses both domestically and internationally, governments at all three levels, commodity prices, currency values mean all those variables which go into predicting economic growth, and have an impact on economic growth are so numerous and complex. I think that's pretty straightforward to understand. 



Mike’s Saturday Editorial

It's Time To Take A Stand

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on Saturday, 27 August 2016 11:51

The amount of money that politicians are spending on lavish personal expenses has really gotten out of hand, and it is up to the Canadian public to force some accountability.

....related from Michael: A Disturbing State Of Affairs



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