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/
This article is from Red Deer's NDP rag. Love how he is doing his town halls in small communities and the first ones are all large ones. How many will show up in small communities?
https://www.reddeeradvocate.com/local-news/this-thing-is-such-a-sham-alberta-ndp-leader-slams-alberta-next-panel-8137083
Did anyone here watch the town hall from Edmonton last night? I watched the first from Red Deer on X and attempted to watch last night on FB but the hecklers and comments pissed me off so quit watching. after about 15 minutes. They are sure a different bunch north of me and I don't say that in a positive way from what I heard. I am sure Ganum will have something to say negative as he didn't watch from Red Deer but had lots to say.
