Treeaom_Biz

Biz_Related

[Jennifer Keesmaat @jen_keesmaat]

If one NATO country attacks another NATO member and attempts a hostile takeover against the will of its people, does NATO even exist anymore?

Asking for a country.

[Treeaom_Biz @TreeaomBiz]

@johnny_33 @BigKekwith But honestly with a 5% interest rate, the oppo cost of $500k is already $2083/mo...plus maint and property tax, the tenant actually has a deal at the fair market value....

[Treeaom_Biz @TreeaomBiz]

@StephenPunwasi Like...a mirror?

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

"These young adults just sit at home and look at screens all day! This is why the fertility rate is so low"

🟥 - Computer prices (since 1995) - NEGATIVE 2000%

🟩 Child care price (since 1980) - +300%
🟦 Baby food - +320%
🟧 Owned shelter - +320%

[Brad Zubyk @Bzubyk]

"The poorest five provinces now rank among the six poorest jurisdictions in North America. Ontario ranks just ahead of Alabama. British Columbia is poorer than Kentucky."

#cdnpoli https://t.co/xOWHyjVx6L

[Martin Pelletier @MPelletierCIO]

Time to wake up Canada and realize there is a serious problem, and then ask ourselves if our leaders are making it worse or better?

Per capita GDP, after adjusting for inflation, is now below where it was in the fourth quarter of 2014, nine years ago.

As of 1981, per capita GDP in Canada was 92 per cent of that of the U.S.; by 2022 it had fallen to just 73 per cent.

As late as 1981, Canada ranked sixth among OECD countries in GDP per capita, behind only Switzerland, Luxembourg, Norway, the United States and Denmark. But we’re not any more. As of 2022 we were 15th.

Measured in output per hour worked – which is what we mean by labour productivity – we ranked 18th in 2022, having posted the slowest rate of productivity growth in the OECD since 1981.

Again, the contrast with the United States is striking: Up to about 2000, labour productivity in the two countries grew at roughly comparable rates. Since then, U.S. productivity has grown nearly three times as fast.
https://t.co/xmYi564IFH

[Vlad @VladTheInflator]

The entire system was a ponzi scheme the whole time.

The never taught me this in business school.

Fucking worthless. I could have saved years of my life if someone just pulled me aside and said "buy stuff with debt and the government will make you a winner. You don't need to work or be successful."

[Treeaom_Biz @TreeaomBiz]

@shanathalas @SteveSaretsky The price depends on the purchase power of the person who wants it the most... Vancouver as the warmest place in Canada and a globalized city...the demand always >>>>>supply...sadly but we are all price takers...

[Lazy Canadian Entrepreneur @JimChuong]

“I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.” - Warren Buffett

[Treeaom_Biz @TreeaomBiz]

@GRomePow I'm pretty surprised there are so many discussions on race, gender, religion, climate discussions but people are so used to this insane wealth inequality.

[Vlad @VladTheInflator]

in the 1960s a single wage earner could support a family of 4, have a nice house, two cars, a boat and a pension.

In 2023 even two college educated adults can't even afford a home because the Federal Reserve inflated asset prices to pad the pockets of the rich.

[Daniel Foch @danielfoch]

The stress test is getting a stress test.

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

Canada right now has the:

- GDP per capita of Alabama
- Rents of California
- Housing prices of Switzerland.
- Health care of Latin America.
- Winters of Siberia.

This is what market dysfunction caused by government intervention looks like. (+ shitty winters)

[Treeaom_Biz @TreeaomBiz]

@IGorbadei You know that USA only has employer sponsored work visa similar to LMIA right? H1B workers need to leave the States if they were laid off and can't find another job in 60 days. Open work visa is just a very good Plan B for them which doesn't mean they'll come eventually.

[Treeaom_Biz @TreeaomBiz]

@mat_schmaltz 💯 Canadian real estate problem is actually a tax code problem.

[Alex Cohen @anothercohen]

Someone please explain to me why police officers get to drive $60k blacked out Tahoes while the mail guy has to drive around in a 30 year old truck that gets 9mpg and has no airbags or air conditioning

[Wall Street Mav @WallStreetMav]

Interesting thoughts on using cash versus debit/credit cards.

Maybe we should all switch back to cash economy.

🤨

[PG @pg_417w]

The most basic lesson that Canadian RE “investors” will be forced to learn the hard way:

Leverage magnifies both gains and losses.

Most homeowners in this country are only familiar with the first half of that lesson.

[Market Mania 🏴‍☠️ @MarketManiaCa]

Home values in Canada and many countries are a derivative of lending standards and credit creation. The actual price is complete fiction as nobody is really paying it (fully in cash)

[Market Mania 🏴‍☠️ @MarketManiaCa]

Anybody who says: "Well back in my day we had to deal with 12% interest rates" blah blah blah. These people clearly don't understand a simple thing called math. Because 12% of an $80,000 mortgage vs 5% of an $800,000 mortgage is a little different. 422% different.