If the interest rate increases, it will happen anyway. Canadian governments, especially a Trudeau government loves debt, but so does the private sector. People are so over leveraged that it'll be easy to nosedive if anything happens. Might even be part of the plan.
It's not just the value of property increasing, it's the value of fiat currency falling.
There's a reason Bill Gates is the largest owner of farmland, and I suspect it has less to do with wanting everyone to go vegetarian, and more to do with the land itself holding value in a way no other asset can in an economic collapse. If the soft-landing 'Great Reset' fails, and we end up with neo-feudalism... Billy boy is well positioned.
If the soft-landing 'Great Reset' fails, and we end up with neo-feudalism... Billy boy is well positioned.
He has too much land to control. All that's needed is to simply ignore the deeds, at that point, and they cannot be enforced. Then a few years later, he dies, and all is forgotten.
In the case of a full collapse, sure, you're right.
I don't really expect mad max level anarchy, we won't be so lucky. I expect a half-collapsed monstrosity of a government smothering its people rather than having the decency to die gracefully.
"She's a government employee who helps her friends get lucrative positions and welfare while making her white colleagues do all the actual office work. He's a thug only here because his mother kicked him out and his last two baby-mamas are still trying to get him for support. Their budget is peanuts plus two loonies. They want a 6 bedroom, two-story victorian in the greater Toronto area and are looking for whitey to pay for it."
They're perfectly capable of that already?
i guess 15 years is too long to remember the fucking great recession caused by this kind of bullshit?
You assume the point isn't to ruin the economy and fuck the middle class who actually pays for shit.
If the interest rate increases, it will happen anyway. Canadian governments, especially a Trudeau government loves debt, but so does the private sector. People are so over leveraged that it'll be easy to nosedive if anything happens. Might even be part of the plan.
Right? I just saw a commercial from PNC bank saying they are doing the same shit and I was just like, "Wtf, we're doing this again?"
It's not just the value of property increasing, it's the value of fiat currency falling.
There's a reason Bill Gates is the largest owner of farmland, and I suspect it has less to do with wanting everyone to go vegetarian, and more to do with the land itself holding value in a way no other asset can in an economic collapse. If the soft-landing 'Great Reset' fails, and we end up with neo-feudalism... Billy boy is well positioned.
He has too much land to control. All that's needed is to simply ignore the deeds, at that point, and they cannot be enforced. Then a few years later, he dies, and all is forgotten.
In the case of a full collapse, sure, you're right.
I don't really expect mad max level anarchy, we won't be so lucky. I expect a half-collapsed monstrosity of a government smothering its people rather than having the decency to die gracefully.
"i'm standing on it, it's my land."
$50k CAD. For a house in Toronto. Good luck with that.
I think the idea is that they if they'll cover up to 50k of a house purchase if you can convince someone you're black.
Trans-racialists, assemble!
so, 2008 2 electric boogaloo
"She's a government employee who helps her friends get lucrative positions and welfare while making her white colleagues do all the actual office work. He's a thug only here because his mother kicked him out and his last two baby-mamas are still trying to get him for support. Their budget is peanuts plus two loonies. They want a 6 bedroom, two-story victorian in the greater Toronto area and are looking for whitey to pay for it."
There are blacks in Canada.