Imagine paying thousands for a ticket to the highly anticipated FIFA World Cup game between Norway and France, and Norway doesn't bother to field any of their best players.
Tonight in Buffalo NY, the singers microphone stopped working. Listen to them.
The CDN Govt wants us to turn our back on these people, and choose Beijing
A new CBC Marketplace documentary exposes another insidious way the big grocers are ripping off Canadians - "property controls".
If CBC replaced all the woke content with stuff like this, there would be far fewer calls to defund them.
Read The Art of the Deal. Trump is using his standard playbook on Greenland.
1. Aim high — anchor the negotiation. “I want to buy Greenland,” not “let’s cooperate in the Arctic.”
2. Create leverage — make yourself indispensable. Arctic shipping. Rare earths. Missile defense. Space & undersea cables. From “we’d like access” to “we’ll pay, but we want control.”
3. Control psychology — force the other side to react. Everyone calls it absurd. Create chaos and fear. Now move to negotiate on better terms.
4. Walk away — power comes from not needing the deal.
Open questions:
1. Will a deal actually get done?
2. How much lasting damage was done to NATO and trust among allies?
3. Could Trump have secured the same or even better terms without all of this friction?
4. Do his negotiating opponents understand the playbook and how to defeat it?
@carlbildt Yes, speak up, but Carney is also justifying cozying up to China after naming it the biggest security and geopolitical threat to Canada last year. He's also marketing himself for the next election which can come soon when he sees he can win a majority.
I have posted this in the past...
🇨🇦 Canada, 🇬🇷 Greece, 🇯🇵 Japan — Same Problem, Different Timelines
All three nations share the same underlying flaw:
Debt growth has outpaced real economic productivity.
The difference is how long they can delay the inevitable reckoning — and what form it takes.
🇯🇵 Japan — The Slow-Motion Reckoning
Debt: Over 250% of GDP — highest in the world.
Why it lasts: Japan borrows in its own currency, and most debt is held domestically (by its own citizens and the Bank of Japan).
Consequence: No sudden default, but 30+ years of deflation, stagnation, and demographic decline.
Endgame: Silent erosion of wealth through currency debasement and shrinking real growth — a long, cold winter.
🧊 Japan didn’t escape the reckoning; it just stretched it across decades.
🇬🇷 Greece — The Fast-Motion Collapse
Debt: Around 180% of GDP before its crisis.
Why it collapsed: Greece borrowed in a currency it couldn’t print (the euro). When confidence broke, it couldn’t devalue or print its way out.
Consequence: Yields spiked to 63%, mass defaults, bank runs, and social upheaval.
Endgame: Austerity, bailout, and loss of sovereignty to outside institutions (ECB/IMF/EU).
Greece faced a fiscal reckoning abruptly — because it had no monetary escape valve.
🇨🇦 Canada — The Hybrid Time Bomb
Debt profile: Sovereign debt moderate (~100% GDP), but private and household debt extreme (~220% GDP).
Why it’s vulnerable:
Foreign investors hold ~36% of federal debt — unlike Japan, Canada depends on global confidence.
A heavily credit-driven economy (real estate, banking, consumption).
Rising yields quickly hit homeowners, banks, and tax revenues.
Consequence: A credit-to-fiscal feedback loop — as private debt deflates, public debt surges to absorb the losses.
Endgame: Not a Greek-style default, nor a Japanese stagnation — but a stagflationary squeeze: falling real estate, weak growth, rising funding costs, and eventual currency debasement to stabilize the system.
⚖️ Canada’s reckoning will likely be financial first, fiscal second — a drawn-out hybrid of Japan’s stagnation and Greece’s funding stress.
🧭 In Simple Terms
Country Crisis Speed Root Cause Monetary Control Likely Outcome
🇯🇵 Japan Slow Public debt Full control Deflation & stagnation
🇬🇷 Greece Sudden Public debt No control (Euro) Default & austerity
🇨🇦 Canada Medium Private debt → Public debt Partial control (foreign funding) Credit deflation, stagflation, currency devaluation
Bottom Line:
Every debt-driven system meets its reckoning.
Greece hit the wall.
Japan froze in time.
Canada will inflate and devalue its way through — the illusion of control masking a real loss of purchasing power. 💣💵❄️
@StephenPunwasi There are only 20 open spots to the Eurovision final, so many countries fail to qualify. Wouldn't that be something if $$$ were spent and we failed to qualify...
Too many people try to let Canada off the hook for our housing crisis by arguing it's really a global crisis.
As it turns out, no. Canada's affordability is uniquely worse than our peers. @MikePMoffatt and I bust this myth on today's Missing Middle.
Watch here: https://t.co/Yw1khXc2fs
@ronmortgageguy I work in systems theory and with productivity and grew up in a Nordic society with efficiency focus. I find Canada different in this and I am noodling on why it's a low priority. As a federal state Canada is siloed and with duplications, and folks also support the status quo.
The RECO Board Must Resign & The Executives MUST Be Terminated
For months the Real Estate Regulator KNEW millions were stolen
2/
Regulator confirms iPro co-founders took millions from trust account, but says they will not be charged https://t.co/55xSw5yfGI via @torontostar