Doug Casey on the Silent Depression and Current Economic Realities
International Man: Wall Street Silver, a financial analyst on Twitter, highlights that during the Great Depression, the average home cost 3x the average income. Today, it costs 8x as much.
In the 1930s, the average car cost about 46% of a year’s earnings. Today, they eat up 85% of the annual average wage.
Rent, which previously claimed just 16% of yearly income, now demands a staggering 42%.
By these metrics and others, the average person is in a worse posi...
https://internationalman.com/articles/doug-casey-on-the-silent-depression-and-current-economic-realities/
On FB very well said…..
I had a conversation in person recently that pretty much sums up the Canadian political divide right now. Not the cartoon version from the news... the quiet, everyday one we've all had with friends, or family.
It started predictably of course. The usual labels tossed out like confetti (xenophobic, homophobic, transphobic, bigot, Maple Maga). Because apparently if you question a policy, you must secretly hate the group it’s supposed to help.
And this little exchange laid it out for me.
For a lot of modern liberals, politics seems to be less about what actually happens and more about looking compassionate. Slap the right moral sticker on a policy "help the marginalized! Expand programs! Signal virtue!" and you're golden.
Ask whether it works in practice? Ahhh... suddenly you’re the bad guy with a heart of stone.
Their world is simple... you’re either “for people” or “against people.” Intentions are everything and results are optional.
In that framework, a policy ...
Copy it, read it & send to the federal government!
https://docs.google.com/document/d/17oUkTCKTO-s2CYdKN1YLs9hRouRBe6PrnINCjrxG-n8/edit?tab=t.0
