chief granola

legitimately just vibing | up for interpretation | beach glass collector | grotesquely optimistic | consider it

[Gavin (humanist/acc) @GavMcCracken]

So let me get this straight.

Canada, one of the world's largest oil exporters, keeps donating money to Ukraine, who then buy drones with the money, and then use the drones to blow up Russia's oil exporting infrastructure?

Maybe Mark Carney is a shark after all.

[Hillel Neuer @HillelNeuer]

Dear UK, France, Germany, Canada, Spain, Norway, Netherlands, Australia, Switzerland, Austria, Finland:

Given that Nicaragua's dictator just announced no more elections, maybe it wasn't such a good idea for you to elect him to the U.N. committee overseeing human rights NGOs.

[chief granola @basicallyimabot]

Finding someone that meshes with your style isn’t prioritized enough

[mike oxsmol @greetinghimeros]

obsessed with this guy on marketplace selling all of his sitcom style bachelor pad furniture bc his gf is moving in and hates everything

[chief granola @basicallyimabot]

@kamikazecash @jacobmparis Very location dependent… when spouse & I buy in 2-3 years (eastern Ontario), we will actually save a few hundred a month compared to our current rent/bills. Plus, we’d get a detached home vs renting a basement.

[The Food Professor @FoodProfessor]

"With more tariffs hitting Canada, I’ve said it before and I’ll say it again: there is no trade war to win. “Elbows up” won’t work. You cannot outmuscle a country that represents roughly a quarter of the global economy. You need to work with it—even if you despise its leader. Mexico chose engagement and is now in a better position because of it.

As for Canada, we chose pain."

[chief granola @basicallyimabot]

@coachvarano @caroljsroth The likely scenario is AI makes people more productive, allowing companies to expand faster & actually create more jobs.

[Julie Bindel @bindelj]

New laws in Afghanistan, introduced by the Taliban, mean that men can now marry girls at any age – there is no limit. Male relatives can arrange this with other men, and it’s only once the girls reach puberty that, in extremely limited circumstances, they can ask a court to dissolve the marriage. What’s happening in that country is horrific, and it begs the question why Amnesty are not putting all of their resources into tackling this latest child abuse atrocity.

[Karel Mercx @KarelMercx]

For every new dollar of US debt, 66 cents now go straight to interest. In 2027, that likely rises above 70 cents

This is during a boom. In the next recession,tax receipts fall,welfare spending rises, and the Fed will have to intervene aggressively. Gold and silver will take off

[Jamie Sarkonak @sarkonakj]

Insane that we opened an intake channel for the global elderly in the first place

[chief granola @basicallyimabot]

@nicochristie SATYA

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

NEW STUDY: Top 20% of Canadians NOW pay 65% of all Personal Income Taxes

and the bottom 20% pay just 0.7% of taxes!!

Together, the top 40% of income earners pay 85% of ALL income taxes......insane levels of wealth redistribution!

[Jay Nelson 🍁 @StoneSculptorJN]

If by calling me a “climate denier” you mean that I don’t think the government of Canada can control the Earth’s climate, by taxing the shit out of us, then yes, I am a climate denier.

[Richard Dias @RichardDias_CFA]

Can't believe I'm about to defend Carney, but it has to be said. Blaming him for this past year of weak-to-zero growth is dumb.

The past 10 years of Canada's GDP growth have been 'fake'. It was due to immigration, which accounted for 75% of the growth in headline real GDP.

Carney has ended the open-borders experiment, which is a good thing, and I applaud him.

But that means that growth will be tied to productivity growth, which is in the toilet. Canada's productivity growth is in the toilet, in part because of many of the policies Carney championed, namely, the destruction of the global fossil fuel industry. If you are going to slag him off, I implore you to be more precise.

[Shazi @ShaziGoalie]

An extra 18,000 jobs sounds positive... until you look under the hood.

🔹 More than 25,000 of those were part-time.
🔹 Full-time employment declined.
🔹 Manufacturing lost another 17,000 jobs.
🔹 Ontario lost 16,000 jobs.

Jobs that build the economy are disappearing. Jobs that serve the economy are replacing them.

That's not a healthy labour market.

[Jon Fraser @JonFraserTF]

Well my uncle tried that route and he was dead in 9 weeks. It turns out having to wait 5 weeks to see an oncologist didn't work out so well for him.

We are in the top 1/4 of health care spend in the world and the bottom 1/4 in terms of delivery. There are 3rd world countries with better health care than Canada.

[Kris Eriksen @KEriksenV2]

Imagine being able vote to shut down a probe into your own corruption 😆

Canada is so F’d.

[Eric Balchunas @EricBalchunas]

I published a note today that I've been thinking about for months.. About how the US stock market has arguably become too big and too imp to fail.. It's basically America's retirement fund now and poss even the savior of social security which is expected to run out of money in less than 10yrs
-Curr 55% of ppl own stocks, by far most in world. And w/ Trump Accounts bringing in 28 million add'l americans into stock ownership the vast majority of ppl (incl Top 1% (who own HALF of stock mkt), middle class and lower income) will have financial interest in the health of stock mkt and they're all voters = the political pressure to keep stocks out of a prolonged bear market is going to be very powerful.
-As such I think there's good chance the Fed will buy equity ETFs in the next major downturn to support market and it will be common practice going fwd. China and Japan already do this. They may even target certain sectors or Capex cos with the purchases.
-This is a massive variable that I feel like is a blind spot among the experts out there and why the bears get run over time and time again altho I think investors are onto it as evidenced by the persistent flows into ETFs during pullbacks as well as a survey of 1000 ppl showing 3/4 of them are confident the Fed will bail out markets in next crisis.
-This is just one byproduct of the 'Nothing Stops This Train' monetary supply explosion and debt extravaganza sweeping the world but esp in US which at this point feels irreversable.. Thoughts? lol

[The Reclamare @TheReclamare]

This is dirty

"Brookfield — the asset-management giant Carney chaired before entering politics — became co-owner in a deal with Concert Properties, a developer holding dozens of condo projects in the Burnaby glut zone, fifteen days before the bailout was announced."

[(((Stockwell Day))) @Stockwell_Day]

Dear teachers everywhere, please stop terrifying students by telling them that the world is coming to an end through global warming. At least let them know there are thousands of scientists who don’t agree with that. There is a future.

[morty @findmorty]

banger