Fellas...Didn't get any playoff football predictions or perhaps I missed them...hmm. Always love the stories and market analysis!! The Ricky Henderson story was especially funny....R.I.P. Ricky!!
- the recession hasn't started but is incoming for sure ....
- real estate has peaked but not fallen much yet
- consumer debt above the US 2008 peak and vulnerable
- mortgage rate resets are coming (max 5 year term in canada)
- condo construction is coming to a full stop as soon as existing projects end (which represents 2x the employment compared to US)
- immigration that was the GDP boost (not per capita) is over and reversing
i'm optimistic what pierre can do with policy, but it's going to take YEARS before it shows improvement in the economic/employment results. i continue to predict all time lows in CAD this year
About Canada . The biggest question is tons of immigrants that are not working and not will be . They came for walfer. Crime through the roof. Where to get people who are willing to work and high educated people. Therefore Canafians are not believing for better future. I hope it will change
Exactly the same in the UK. Our welfare state has gone through the roof. We had too much 'idle immigration' for a decade and a half. But over the last few years the numbers of migrants has tripled. Crime through the roof. Taxes through the roof. It's been a disaster.
I can't believe you guys brought up "The Golden Child". By freak coincidence it came up in conversation YESTERDAY before this podcast was published. The number of posts on X about the Golden Age tricked us to talk about the movie 38 years ago... jeeez.
I remember well, driving down the highway listening to the radio when the news broke in: "From the World Desk of United Press International; The King of Rock and Roll Elvis Presley is Dead"...what a shock!
Fellas...Didn't get any playoff football predictions or perhaps I missed them...hmm. Always love the stories and market analysis!! The Ricky Henderson story was especially funny....R.I.P. Ricky!!
Also e-bay has a great international shipping program.
Carmen Electra in PB, fucking hell yes
And The Golden Child ffs 😂
Electra fire.
Farrah Fawcett PB cover
Bae.
oh wow is your read of canada opposite of mine!
- the recession hasn't started but is incoming for sure ....
- real estate has peaked but not fallen much yet
- consumer debt above the US 2008 peak and vulnerable
- mortgage rate resets are coming (max 5 year term in canada)
- condo construction is coming to a full stop as soon as existing projects end (which represents 2x the employment compared to US)
- immigration that was the GDP boost (not per capita) is over and reversing
i'm optimistic what pierre can do with policy, but it's going to take YEARS before it shows improvement in the economic/employment results. i continue to predict all time lows in CAD this year
super constructive feedback, thanks Obie.
https://x.com/obront/status/1877467413656322334
About Canada . The biggest question is tons of immigrants that are not working and not will be . They came for walfer. Crime through the roof. Where to get people who are willing to work and high educated people. Therefore Canafians are not believing for better future. I hope it will change
Exactly the same in the UK. Our welfare state has gone through the roof. We had too much 'idle immigration' for a decade and a half. But over the last few years the numbers of migrants has tripled. Crime through the roof. Taxes through the roof. It's been a disaster.
ESL
What does the dollar look like in 2016 after Trump took over???
a great discussion today. Thank you
cheers RZ
The energy continues into 2025! Well done gents, another quality episode of the MDP.
Our market energy is a tsunami.
I - I - I want the knife!
Pleeeeease! 😂😂😂
I can't believe you guys brought up "The Golden Child". By freak coincidence it came up in conversation YESTERDAY before this podcast was published. The number of posts on X about the Golden Age tricked us to talk about the movie 38 years ago... jeeez.
classic, Brad.
I remember well, driving down the highway listening to the radio when the news broke in: "From the World Desk of United Press International; The King of Rock and Roll Elvis Presley is Dead"...what a shock!