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Canada starts rate cutting cycle. Despite rampant inflation (especially in housing). (www.zerohedge.com)

posted 171 days ago by NatalieBiden 171 days ago by NatalieBiden +28 / -0

Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– Benevolentdictator 8 points 171 days ago +8 / -0

Trudeau's government didn't implement a single austerity measure to reduce government spending and ease inflation.

All they did was raise a pittance in revenue by hiking carbon taxes and bringing in new capital gaine penalties.

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