RE:RE:RE:RE:RE:RE:RE:The changing timesKeynesian economics is based on the theory that government intervention can stabilize the economy. Decades after the great depression we now have blatant Government corruption (pretty much globally) that has infiltrated every aspect of our life, which IMHO is the real issue.
That's why I specifically mentioned FIFA and the book FOUL written by Andrew Jennings.
This is why the Global economy is a mess. Smoke and mirrors and predominantly propaganda mouthpieces (no longer NEWS) to preach to the uninformed.
One side (Harris) promotes a totally bloated overpaid Government and tens of millions who believe in "freeness" and that $$$ will fall from the sky. We have this problem in Canada now after the Liberals. Let's not forget the constant preaching of the bogus green agenda and forcing electric vehicles down our throats at least 35 years too soon.
The other side (Trump) was trying to expand on local ENERGY production from within the USA and also from CANADA through the Keystone XL. Since 2008 Obama blocked this pipeline and chose to purchase oil from foreign countries which was amazingly ignorant to say the least.
This policy has been in place until today.
If this pipeline had come to fruition a decade ago, our energy prices would have been WAY lower in North America, which would have had a hugely positive effect on affordability, and resulted in a lower cost of living. Our present reality has way less to do with Keynesian economics and way more to do with blatant Government missteps and corruption.
Only this past week U.S. Senator Elizabeth Warren commented on the recent TD debacle and stated “These charging decisions represent absurd legal gymnastics by DOJ that ultimately have allowed the bank and its top executives to avoid full responsibility for their actions,” Warren said. “This is not an acceptable outcome.”
It is this type of atrocious behavior and lack of concequences for the elite in the Business world that has us where we are. I'm sure the group Save Canadian Mining can appreciate Senator Warren's sentiment regarding these Banking officials.
So returning to our present predicament at TUD, and while some do not see the urgency to get the PEA produced asap, it's a mistake to keep kicking the can down the road in these turbulent Economic times.
Just as the stock was recovering nicely and at 40% of the realistic value, this bombshell was dropped. Horrible timing and the effect has made the price tumble. Bad for shareholders like myself.
The modified PEA timing should have been announced in 2025 as part of the new drilling program with specifics and precise hole locations.
Now we are probably going to see pain at the hands of the manipulators.