RE:RE:RE:RE:Probability of a recession in the US This began when we exited the Gold Standard.
The debasement of the currency used as a store of value has created the problem you so eloquently articulated.
Bitcoin is the best solution to this problem, imho.
I would recommend reading the Fiat Standard by S.A.
Merry Christmas to anyone reading!
bttmfischer wrote: As I said before, StasCan says what it is told by the current government; they are nothing more than a part of the chorus singing from the same sheet that contains mostly lies.
The BIGGEST PROBLEM is the shrinkage of disposable income of Canadians.
When I filed my first income tax return, being just out of school, single and having no dependants; my tax return was simple: just two sheets. The most important part was though I WAS ABLE TO KEEP 92 PERCENT OF MY GROSS PAY! Another word I had MEANINGFUL DISPOSABLE INCOME.
At that time there were no sales tax, no HST, no Carbon Tax and UIC was optional.
The real important point is it matters not how much money you make, but how much of that money you can keep, after taxes.
Our diposable income is shrinking every year, mostly because our socialist government pays support money to those who don't ant to work. They know that itis better to be on welfare than to work for minimum wages.That is why we have to rely on offshore, migrant workers.
We are on a slippery slope to be a country of decliing work ethics.