W8

@anas2ab @danielfoch we're nearing the end of this version of the experiment. lets see what arises from its ashes. likely something mostly the same for the reasons you laid out.

@teletonic @danielfoch At the end of the day, the taxpayer always loses. It’s how capital markets work and will continue to work. We’ve been fed this system and are told it’s the greatest thing since ever.

Remember in 2022 when I told you all this bailout would happen and you ridiculed me? I do. Receipts kept: “A private Canadian investment firm has teamed up with a provincial Crown agency to purchase and convert some of the growing inventory of unsold condominiumsin the Greater Toronto Area (GTA)”

@anas2ab @danielfoch your right its not true zero sum, esp for new starts, etc. and your right again it is much better liquidity is flowing rather than stagnant. i dont know if privleged bailout is the right approach

@teletonic @danielfoch It’s not zero sum. Growth from housing starts, consumer spending etc. Moving money still stimulates the economy. I do agree though that governments are extremely wasteful.

@anas2ab @danielfoch shuffling money around isn't growth, it's zero sum. the more tax/gov spend, the more wasteful spending.

@teletonic @danielfoch well money flowing in and out of real estate drives the economy in Canada at a large scale.. more houses, more taxable transactions, more construction, etc.

@anas2ab @danielfoch the biggest drainer, not driver if it was a driver they wouldnt need to steal public funds to bailout such a poor investment

@danielfoch why wouldn't they bail out one of the biggest drivers of the economy lol

@InvestorsFriend @Handre Because the state has priorities beyond profit-maximization. Whereas the corp may not. In cuckanada YYZ/YVR common shelters were officially bubble cost/income ratio’s by ‘14. The state didn’t have to keep propping up the bubble, but that was the path/vote of least resistance.

@Handre Exactly right. So why is the government and Fed accused and vilified for money printing when most of the money supply increase came from personal and corporate borrowing? Need to vilify ourselves? investorsfriend.com/government-and…

The Federal Reserve's balance sheet has grown from $800 billion to over $9 trillion in just 15 years — an 11x increase that represents the most aggressive monetary experiment in human history. This isn't gradual policy adjustment; it's the complete abandonment of sound money principles that took centuries to establish. When Lehman Brothers collapsed in 2008, the Fed printed $1.75 trillion for QE1, claiming it was a temporary emergency measure. But temporary became permanent, and emergency became standard operating procedure. QE2, QE3, and the 2020 pandemic response each shattered previous records. The $4.5 trillion printed in 2020 alone exceeded the Fed's entire balance sheet from just two years prior. And here's what's remarkable: despite creating more dollars in 15 years than in the previous 95 years of the Fed's existence, we're told inflation is "transitory" and under control. Every asset from stocks to real estate to art has inflated to historic highs, yet the official CPI barely budges. The purchasing power destruction is hidden in plain sight — your salary buys less house, less education, less healthcare, but somehow prices are "stable." This monetary debasement isn't economics; it's alchemy. The belief that prosperity can be printed into existence while production remains constant defies every lesson history has taught us about currency destruction.

@InvestorsFriend @Handre Cantillon effect. The state is expanding monetary supply and allocating new supply in discriminatory/inequitable method. The privileged get more privileged by being closer to the spigot. Works great until it doesn’t!

@Handre How to explain why grocery prices and home prices, while higher, are not up 11 times to match the 11 times Fed money printing balance sheet increase in 15 years?

@YVRREWatcher @danielfoch He is becoming the tech trump where there is a new narrative/news cycle to push to paper over the failing one.

@danielfoch Completely delusional by Jensen. He’ll say anything to pump the stock

Nvidia Software Aims to Bring OpenClaw to the Enterprise CEO Jensen Huang says NemoClaw makes the popular autonomous agent platform ‘enterprise ready’ wsj.com/cio-journal/nv…

@BetrayedByPro @JonFlynnREstats That was true while common shelters weren't hyper-financialized asset. Now they are, so they are exposed to those types of risks.

@JonFlynnREstats Some stock graph tools are not applicable to our business. The trading cycle is much different

Real Estate DEATH CROSS... Probably nothing to be concerned about.

@ManyBeenRinsed @kalpeshmak16 🎯 thats's when you lock in the 10 yr for 2.5-3% before 5yr fixed rockets to 8-12%!

@kalpeshmak16 I wholeheartedly believe we will see 5 year interest rates in Canada start with a 2 at some point this year.

Anyone locking in their interest rate right now cuz they ‘scared’ is being taken to the woodshed. Just my opinion.

they stop asking you for ID once the light in your eyes is gone

@igetredpilled what happens when they try CTRL+P and it doesn't work this time?

Consumer spending is stalling - this is extremely recessionary. Guess how the government is going to stimulate the economy and encourage more spending.

@elSchtaunko @devi_robles @igetredpilled that was never part of the plan! the plan was perpetual refi's.

@devi_robles @igetredpilled I’m wondering when people will actually pay back all of this money. I mean, it’s probably easier just to move to Thailand or India and leave it behind.

@PHfloor @CanadaStatHub We need to liberate the "wealth" from the elder(non-spending demographic). Lest we will further reinforce the deflationary feedback loop.

@CanadaStatHub Lots going on now have 1990s parallels.

Household saving rate up and a good chuck of home owning Canadians will be paying a higher portion of their incomes to interest rates this year 😱 This economy is going down peeps. 😉

@igetredpilled @ShawnBonj 2 months

@ShawnBonj I'm bearish, just not 35% down in 2 weeks bearish lol

This is literally what some people think is about to happen to Canadian real estate.

@igetredpilled They’re not wrong!

@PHfloor Easy! Modify CCB > CPP/OAS… Until demographic pyramid improves

Another thing about society that's weird is you make less money when you could use more in your younger years, and more in your older years when you need it less. Crazy. Anyone got good policy precedents on how to fix this?

@Doge1Kanobi @crypto_bitlord7 I never saw the train stations so empty … It was like zombie movie

@teletonic @crypto_bitlord7 bro you barely got out

Listen guys remember when I called Covid from 4 cases and live-streamed the whole breakout in China? Well I’m 99% sure we’re about to see a new Super virus. I don’t want to spread FUD but I think it’s already here Don’t believe I was first in the world on Covid? Check 👇

@crypto_bitlord7 I bailed prematurely because of you global leading journalism. Thank god I did as border closed few days later

If you guys seen it on the old account please drop a comment so these people know I’m not making this up

placebo proves your entire life is just a function of your beliefs. you can bend reality however you want if you really tried. it's all malleable.

@insiliconot @0xbmg @TXMCtrades but it doesn't do novel work. only whats already available/commented online. the closest i can get to novelty is discussion/iteration of one feature/function then ai proceeding to do a decent 1st draft. which then requires 9-999 more edits to get it right.

@insiliconot @0xbmg @TXMCtrades i am generalist & retarded. using free-tier ai as my exoskeleton solo built e2e physical:digital platform and trojan horse lead product. c <--> dart <--> cloud(java/python) <--> solana(rust) only prev "coding exp" was html, css and excel macros.

Spent HOURS yesterday combing through price data with Claude trying to backtest and piece out tendencies... spent half of it impressed with the tech... and the other half frustratingly despondent at the volume of hallucinations and errors in its assessments, using wrong math for some indicators, not knowing until after combing thru insights for a couple hours and having to do it all again from scratch. How on earth are people using this for accurate work? I'm not even trying and it is wildly wrong like 30-40% of the time whilst speaking to me in a confident and jovial tone. People on the timeline are posting shit like "this tech is the greatest opportunity in your lifetime to lock the fuck in, I'm vibe coding shit you wouldn't believe and being so productive while you're still your boring gay self" meanwhile I'm giving it a solid effort and losing my fucking mind over here having to hand hold and walk back so much of it.