Mike's Daily Comment

In the US/China dispute there will be no winners – the investment markets are trying to figure out how big the fall-out will be. In the meantime, most of us haven’t figured out that China is playing to win the global war for economic dominance.

In the next few years millions of retirees are not going to get the pension benefits they’ve been promised. Whether it’s your RRSP, pension or CPP – the best protection is to invest in highly profitable companies. Now someone please tell that to the anti-capitalist crowd.

Still shaking our heads about commentators and politicians celebrating the decline in real estate activity and the severe drop in presale condo sales – while they declare their real concern over affordability.

The true cost of government can only be totaled by adding all the mandatory transfers to the three levels of government. And when you do – you find out that it keeps going up.

Who Are You Betting On?
Posted by Michael Campbell
on Wednesday, 14 August 2019 6:06
The Chinese government’s goals are clear – be the dominant economic and military power in the world. And who’s going to stop them? Europe? Canada? It’s clear that the US is the only hope.