Mike's Content

Mike's Daily Comment

It's The Biggest Story In Finance - But Few Seem To Get It

on Tuesday, 14 August 2018 10:36

turkish lira

Big problem - Emerging nations like Turkey borrowed in US dollars and now their home currency is falling fast - that's a major problem, not for Turkey, but for the banks and investors who lent them the money.


Mike's Daily Comment

The Liberals Take a Page From The Trump Playbook on Diplomacy

on Monday, 13 August 2018 11:15


Is twitter the place to conduct diplomacy? Both President Trump and the Federal Liberals obviously think so but at what cost. Canada's virtue signalling tweet aimed at the imprisonment of human rights activists have many worried that it made things worse for the prisoners while negatively impacting the Canadian economy.


Goofy Award Winner

The New Times Outrageous, Astounding and Deeply Disturbing Double Standard

on Saturday, 11 August 2018 17:22


The self described newspaper of record says it's okay for one of its writers to tweet - #cancel all white people - “White people have stopped breeding. you’ll all go extinct soon. that was my plan all along.” and many more similar sentiments. Starts at the 42:37 mark


Shocking Stat

We're Paying Full Price For Saudi Oil While Our Oil Sells At a Record Discount

on Saturday, 11 August 2018 17:19


$20.9 billion - that's how much we've paid Saudi Arabia for oil imported to Eastern Canada - by tanker - all at world prices while our oil sells at the biggest discount in 5 years because we can't get it to world markets. Starts at 30:52 mark. 


Quote of the Week

We All Know People Don't Want To Hear This

on Saturday, 11 August 2018 17:13


One of America's most respected thinkers says we should all take the idea that we might be wrong seriously.  Great advice but it won't be popular with the "no differing opinions allowed" progressive left and the far right. Starts at the 13:45 mark.


Mike’s Big Fat Idea

Where Did We Go Wrong With Our Kids?

on Saturday, 11 August 2018 17:08


Instant Wisdom

Participation ribbons for all. Author and motivational speaker, Simon Snek's take that the "you're so special" parenting of millennials was a major mistake is one of  the most popular TED talks in history. Starts at the 10:43 mark


Mike’s Saturday Editorial

Big Mistake on the Carbon Tax

on Saturday, 11 August 2018 12:51

carbon tax pig

It's just dawning on some people that the carbon tax may be a "no go" politically. No kidding Sherlock, that's why the original in BC was revenue neutral. Carbon tax revenue was - by law - offset by reductions in personal and business taxes. But now that's changed with both BC and Alberta taking the money collected into general revenues.


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