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GDS 🇨🇦
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GDS 🇨🇦
@Llecd3r
True north strong and free 🇨🇦🍁
everywhere Katılım Temmuz 2010
389 Takip Edilen185 Takipçiler
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@gallymeroreboot @Bret_Sears We’re not an obsession. We’re being used as an example of what not to do
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@Bret_Sears The obsession with Canada when we’re just trying to mind our business and be left alone
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This exchange between Tucker Carlson and Professor Jiang Xueqin on the current state of Canada is worth watching.
TUCKER: You mentioned Canada. Most Americans don't even know the capital of Canada. Canada does not appear on their radar, doesn't figure in their thoughts. But you described it as probably, quote, probably the richest country in the world. I think that's objectively true. And yet Canada is not a rich country. In fact, it's getting poorer. Its life expectancy is declining. Its GDP is declining, and that's on purpose.
The nation of Canada has been suppressed on purpose. Its population is being killed off by the state through its assisted suicide program and its population is changing through mass immigration against the will of the population. So that country is being held down on purpose. And my question is, by whom and why?
JIANG: Sure. That's a great question. And it's something that I struggle with all the time because I am a Canadian citizen. I went to school there.
So my answer is that Canada was never really a nation-state. It's more of a glorified resource colony for the British, the city of London and the reality is now that the British are under a lot of strain, the state of London is under a lot of financial pressure. It sees places like Australia, New Zealand, and Canada. And what do you do if you have financial issues? You do corporate restructuring, right? You change the middle management. right and historically you know the British got along very well with the Indian elite right they went into India and stole tons of dollars from uh the indians and the Indian elite were perfectly happy to help them so why not use the same model for Australia and for Canada
So there are millions of Indians who immigrated to Canada in the past five years and it's put a lot of strain on the Canadian economy because housing prices have exploded and so ordinary Canadians can no longer afford to buy a house. And it's put tremendous pressure on the Canadian welfare system, on the Canadian economy. And you would think that the proper strategy would have a moratorium where they're like, you know what, we've had too many immigrants and we need to close the borders and absorb these immigrants because we want to ensure that these immigrants have proper housing, they have decent jobs, right? You would think that that'd be the right strategy. And instead, Mark Carney goes to India and says, we want more Indians, and also, we'll give you scholarships to come to Canada to study for free. Meanwhile, there are a lot of Canadians who are homeless, who are unemployed, and who cannot put food on the table. But hey, we want more Indians. So if it's not corporate restructuring, if it's not trying to asset strip Canada, I really don't understand the strategy for this.
TUCKER: Well, I mean, it's a kind of genocide against Canadians, people whose ancestors built the country, but you wonder what the purpose is. Because it is happening all over the West, all over the English speaking world in the white countries. And it's not an accident, it's not organic. So it's a big picture that spans from Australia to Ottawa.
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@ChrisWa16949549 @romanhelmetguy Aurelian hurt more. Killing a competent leader in the midst of a crisis
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@romanhelmetguy 235 with the assassination of Emperor Severus Alexander. What existed after was a permanently fractured empire incapable of any cohesive response. It was just waiting for any external power to put pressure on it for it to collapse, which came in the form of the Huns.
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*THIS IS YOUR WARNING*
I just left a private meeting with three UHNW individuals.
The situation is significantly worse than I thought.
They’re aggressively liquidating public equity positions to cover margin calls and holes in their private portfolios.
They believe the cycle is officially over.
We discussed the current state of valuations.
It’s all fake wealth. Pure paper gains.
These valuations only exist to provide exit liquidity for the top 1%.
Here’s how it works:
– Start a company.
– Issue 1B shares.
– Raise a seed round of $10m at $1/share.
You just created $1B in implied market cap out of thin air.
You then use that inflated valuation as collateral to leverage up further.
And just like that, monopoly money becomes spendable liquidity.
Do you understand the gravity of this?
Most people think the Fed is the only source of inflation.
WRONG.
Private markets are printing phantom collateral, and the bill is coming due.
Trillions in corporate debt will have to be refinanced in 12-24 months.
This debt was issued at near 0% interest.
It’s refinancing at 5% to 8%.
This is extremely BAD, and things get even worse…
Take a look at the buffett indicator.
This is the ultimate measure of valuation vs. the real economy.
– Dot Com Bubble Peak (2000): ~159%
– Global Financial Crisis (2008): ~110%
– Today: We’re close to 200%.
That’s right. The stock market is currently at the most overvalued level in HISTORY.
We’re pricing stocks at DOUBLE their true value.
This is mathematically unsustainable.
AND IT GETS WORSE, AGAIN…
Household equity allocation is also at all-time highs.
This metric tracks how all-in the average investor is.
We’re sitting at 48%.
Think about what that means.
If everyone is already fully invested, who’s left to buy?
I know this sounds scary, because it is.
But don’t worry, I’ll always be here to help you.
I’ve been in this game for more than 20 years, and I publicly called the last 3 market tops and bottoms.
When I make a new move in the market, I’ll share it here like I always do because I want you to succeed.
Many people will regret not following me sooner.
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