Hilliard MacBeth

When the Bubble Bursts: Surviving the Canadian Real Estate Crash 2nd Ed- June 2018; writing, golf - 46 years as investment professional, one day at a time

[Hilliard MacBeth @hmacbe]

new link for interview https://t.co/uMICCt5KMA

[Hilliard MacBeth @hmacbe]

Is Canada's Economy on the Verge of a Financial Crisis? https://t.co/jIFiorMZvh #cdnpoli #topoli #vanre #whenthebubblebursts

[Prof. Steve Keen @ProfSteveKeen]

The Theoretical Lie that Government Debt is Dangerous
https://t.co/Smzug1ZYoh

[Hilliard MacBeth @hmacbe]

@BenRabidoux they are still embarrassed over the delay during the last cycle.

"transient, temporary and transitory" they called inflation as it was heading to nearly 10%.

[Hilliard MacBeth @hmacbe]

the solution, according to George, is a land value tax.

[Hilliard MacBeth @hmacbe]

clearly explained in the book by Henry George, from the late 1880s. " Progress and Poverty"

[Wealthy New Yorkers Who Take The Bus @bri_guy_ny]

I'm in my 40s. I'm a lawyer. My wife is a lawyer. We both work full time.

We cannot afford the house my parents purchased on a single electrician's income in their 30s.

We cannot afford the house my immigrant grandparents purchased on a single MTA bus driver's salary in their 30s. They had SIX CHILDREN.

For 30 years, politicians in Washington & their oligarch allies convinced regular people that this was just about avocado toast and fancy coffee.

In reality, this is end-stage capitalism. Everyone is stuck in place. It's impossible to buy a home. It's too costly to move. We work too much to have passion projects. We don't have enough savings to start our own businesses. We can't afford to go without healthcare to do it.

Thanks for writing this article @troy_closson. Would be very happy to discuss further.

https://t.co/gD6bjvV8q0

[Theo Moudakis @TheoMoudakis]

Please enjoy my cartoon for Tuesday's @TorontoStar

[Hon. Thomas A. Lukaszuk @LukaszukAB]

.@ABDanielleSmith, now that we’re all assured that UCP is not a separatist party and all UCP MLAs support unity, why not have a vote in the Legislature on question #10 as requested by #ForeverCanadian?

As a federalist leader, you’d want to send such a powerful message of unity.

[Michael Dunne @dunne_insights]

What are investors seeing in BYD? Stock is down 34% YoY.

[Peter D Carter @PCarterClimate]

CLIMATE IS FAR BEYOND SAFETY LIMIT- SO NO CARBON BUDGET
Atmospheric CO2 at 426 ppm is above the safe level of 350 ppm.
Human radiative forcing of 3.1 is over three times the safe level
It is +3.10 W/ m², and the safe level is +1.0 W/m².
"This means the Earth system is already well beyond the Safe Operating Space for climate stability”. (Planetary Health Check 2026)
https://t.co/rhdkjd2FB9
#climatechange #globalwarming

[Prof. Eliot Jacobson @EliotJacobson]

Your 'doom quote' for today:

"Facing a future of accelerating climate change while blind to worst-case scenarios is naive risk management at best and fatally foolish at worst."

https://t.co/1UHpuaKGA6

[Prof. Eliot Jacobson @EliotJacobson]

Breaking News!
Code: y-Axis Alert!

Yesterday's Nino 3.4 preliminary sea-surface temperature anomaly set a new record high, at 3.48°C above the 1991-2020 baseline. To clearly show this anomaly, the y-axis max was raised to 4.0°C.

Attention historians: this is gobsmackingly bananas.

[Barchart @Barchart]

Berkshire Hathaway is now sitting on a staggering $365 Billion in cash, enough to buy 472 companies in the S&P 500 🚨 🤑

[Jordan - The EV Guy @JordanEVGuy]

BYD’s Blade battery technology is seriously impressive.

And its second-generation Blade Battery 2.0 takes things even further.

Just look at what BYD has demonstrated…

A fully loaded 46-tonne truck was driven over the original Blade Battery pack.

According to BYD, there was no leakage, deformation or smoke.

Blade Battery 2.0 passed a nail penetration test while undergoing ultra-fast charging, even after 500 FLASH charging cycles. No thermal runaway, smoke or fire.

Four battery cells were deliberately short-circuited simultaneously, with temperatures exceeding 700°C. BYD reported no fire or explosion.

10-70% in just 5 minutes, or 10–97% in 9 minutes using BYD’s compatible 1,500kW FLASH charging infrastructure and vehicle.

Even at -30°C, the battery can reportedly charge from 20-97% in just 12 minutes.

Energy density Increased by 5% compared with the original Blade Battery, allowing more energy to be stored in the same battery volume.

BYD reports a 2.5% reduction in overall capacity degradation compared with the first generation.

And this is lithium iron phosphate technology, a chemistry already widely used in affordable EVs.

The electric cars being developed today are already significantly more capable than those of just a few years ago.

And we’re still only scratching the surface.

.

[Hilliard MacBeth @hmacbe]

Free enterprise capitalism needs massive government debt to run properly. Who knew?

[Sola 🇨🇦 @SolaTheAnalyst]

National debt breakdown (Canada vs. United States):

• National Debt
🇨🇦 Canada: $1.33 Trillion (CAD)
🇺🇸 United States: $40.54 Trillion (USD)

• Debt Owed Per Citizen
🇨🇦 Canada: ~$32,000
🇺🇸 United States: ~$121,004

Every American child is born owing almost 4x more national debt than a newborn Canadian.

[Hilliard MacBeth @hmacbe]

Assume all mainstream economists act rationally always, have perfect knowledge of the impact of the policies they advise policy makers to follow and that they care about the welfare of all people, not just the wealthy who make donations to the universities that employ them. Now find the equilibrium state. Show your work.

[Mr. Keynes @TyKeynes]

Steve Keen's greatest mistake was assuming economists would be interested in discovering that their theories might be wrong.

[Craig Unger @craigunger]

1/ Last month I told a room of Baltic intelligence officers and diplomats that Donald Trump is an asset of Russian intelligence. Not one of them blinked. "Of course," they said. Ho hum. But in America, saying it out loud is still taboo. Why? 🧵

[Anton Gerashchenko @Gerashchenko_en]

Friends,

My account here, just like other Ukrainian accounts recently, is suffering from severe shadowbanning/pessimization. There has been a sharp drop in reach, as the platform's algorithms quietly remove it from search and recommendations.

My Threads account, which has 25,000 followers, currently gets more reach than my account here on X.

I will remain here and I deeply value our community. But just in case, I want to remind you that I have other platforms: Threads, Bluesky, and Telegram.

📷: you can press the bell icon to get notified of my new posts.

[Vatnik Soup @vatniksoup]

This is demonstrably true. Previously, each Vatnik Soup thread received between 300k and 5M impressions. Now, we're lucky if we get 100k.

Our annual views have dropped from 700M to 280M. Posts about Ukraine shared by accounts with millions of followers barely get any traction, whereas our more generic posts about AI, for example, can get millions of views.

Ukraine is still one of the hottest topics on this platform, yet voices supporting the country are being throttled, just like Starlink/Starshield was.

[Craig Unger @craigunger]

I'd appreciate it if @elonmusk stopped shadowbanning everyone he disagrees with. I earned a blue check under Twitter and got more than 50K followers. Since Musk took over, I've paid his monthly feel but I've gained virtually no followers and Musk's algorithms ensure that I get almost no traffic.

[WarMonitor @TheWarMonitor]

We have cancelled our X subscription for the following main reasons:

First and foremost, we cannot contribute to an organization that apparently places the interests of an adversary above those of the United States.

Second, despite assurances that a paid subscription would extend reach, it appears we've experienced systematic deboosting over the past few months in favor of the platform's political preferences, conduct that violates its own terms of service.

[Hilliard MacBeth @hmacbe]

@alojoh people don't trust the government, but do they trust Elon Musk?