Jimmy Crickets

[Jimmy Crickets @Stockz55]

@Tablesalt13 In the 90s, the US traded 🇺🇸 manufacturing jobs for low cost 🇨🇳 goods. Today, the West is trading high paying jobs for wage suppression.

Isn’t govt supposed to work FOR its people?

[Jimmy Crickets @Stockz55]

@bilioannidis @Scott__Davey Now that we’ve established that Kitchener residents have historically overpaid, and are still doing so, one has to wonder: How do residents benefit by being forced to pay more for a service that everyone else gets from private sector?

What HH saves in taxes, they overpay on gas?

[Jimmy Crickets @Stockz55]

@bilioannidis @Scott__Davey And now the criticism: 10 yrs ago it came to light that the avg customer paid over $200/yr more than a union gas contract. And Kitchener Gas is still 7.3% higher than union gas today. Residents overpay on utility bills in Kitchener, City receives a divy

https://t.co/Wy9zjKhEBx

[Jimmy Crickets @Stockz55]

@FlavioVolpe1 I actually thought you might be saying this about Trudeau. It is an equally true sentiment.

[Jimmy Crickets @Stockz55]

@MikePMoffatt Im all for both of the below, but the contrast is hilarious:

1. Toronto Council voted to allow cannabis retail stores in 2018 or ‘19 ✅

2. Toronto Council can’t wrap their heads around ice cream shops in neighbourhoods in 2024 ❌

[Jimmy Crickets @Stockz55]

@danielfoch Meanwhile everyone is trying to get that $2-$10M deal, modelling a scenario exactly as you outline above.

We need to realize that all exits are closing for RE. Pre-con, condo, and now PBR w MLI Select.

Land needs to reset, taxes shed and construction costs slashed b4 next cycle

[Jimmy Crickets @Stockz55]

@danielfoch Should probably ignore the 5 yr, +1,199% return ;)

[Jimmy Crickets @Stockz55]

@PHfloor I’m personally not a big fan of debt levels as a marker for how all in society are doing, as 70% of all debt was held by top 2 quintiles as of 2021. Not sure it has really changed.

Personally, I like savings rates as a marker of financial health.

Poor don’t get loans

[Jimmy Crickets @Stockz55]

@PHfloor With respect, charts with aggregate deleveraging is just as useful in understanding pain points in society as looking at aggregate savings rates.

If the top quintile all “deleverage” by buying fewer extra homes, that gives you a nice aggregate deleveraging chart

[Jimmy Crickets @Stockz55]

@PHfloor I’m not suggesting anyone marshall the political will to make this occur.

Inflation is equally terrible for those on margins (⬆️ food banks, homelessness, etc)

After +25 to 30% inflation over 5 yrs, I expect softening. HH budgets are unhealthy for 3/5 of income earners.

[Jimmy Crickets @Stockz55]

@PHfloor The lowest quintile has at least 5 quarters of not being able to save. If you look at shelter costs for that group, it is pushing them onto the streets (homelessness has doubled since 2020). Deflation is painful in short term, necessary for long term success of society

[Jimmy Crickets @Stockz55]

@WeedStreet420 https://t.co/cz0yCui4uL

[Jimmy Crickets @Stockz55]

@sammyj_19 One defining feature of this industry so far: if you get excited about a 5-10% pop and buy on it, you will lose on the inevitable 10-20% crash that will come within the next month.

It is simply better to wait for real news. Let someone else take the losses until then

[Jimmy Crickets @Stockz55]

@sammyj_19 One defining feature of this industry so far: if you get excited about a 5-10% pop and buy on it, you will lose on the inevitable 10-20% crash that will come within the next month.

It is simply better to wait for real news. Let someone else take the losses until then

[Jimmy Crickets @Stockz55]

@CityPlanTO @JasonThorne_RPP Let’s get your HAF initiatives going. You are projected to be more than 2 years delayed on a number of your 4 yr HAF projects. All while adding over 100K new ppl per year to the City.

Time to allow dev’t as of right! Enough with forcing zone changes for most dev’t

[Jimmy Crickets @Stockz55]

@JGriesler It was $5 a month ago. Buying at $25 is still pretty dangerous

[Jimmy Crickets @Stockz55]

@ONBigCityMayors @MariannMeedWard @fordnation https://t.co/vMttNoS0R3

And in 2021 Big City Mayors called for drugs to be decriminalized (which was obviously a mistake)

If anyone wonders how we got here, have no doubt that our “leaders” strongly promoted it, even to senior governments

[Ontario’s Big City Mayors @ONBigCityMayors]

Ontario's Big City Mayors are calling for decriminalization of controlled substances, mental health crisis teams as part of our position paper on Mental Health and Addictions. OBCM also passed motions regarding London attack, residential schools, &infrastructure funding. Details:

[Jimmy Crickets @Stockz55]

@EricDLombardi The Feds borrowed, so you didn’t have to 🤣.

CERB and other benefits were terribly inflationary, and led to job openings not being filled quickly, which led to lobbying by the business groups, which then led to the “taps opening” on TFW, etc.

The Feds crashed the economy