Mike's Daily Comment

Supply management is is just another tax. A substantial tax too as it effectively raises the price of dairy and poultry products more than 200%. This system might be about to be eliminated though, if a Quebec movement has their way. 

Governments can’t control oil prices or demand for our exports but they do control 3 key areas that new studies say could expand our economy dramatically:

also: Mike’s Favorite Story of the Week

More evidence of the slow slide under the waves of the political realm as we’ve grown to know it

 

A single factory just replaced 60,000 workers with robots. Hiking minimum wage proponents still aren’t taking it seriously that the first wave of robots taking over human jobs is now upon us.

Check out Mike’s Favorite Story of the Week

Corruption, cronyism, over-regulation and taxation is exploding around the world as Governments are drowning in debt. Their solution is to do more of the same. Negative interest rates certainly haven’t worked. Get ready for their new solution…

related: Michael on An Astounding Declaration

It’s a bad idea by anybodies measurement. Worldwide countries are barely surviving because of their massive debt problems. Globally there’s dangerously slow growth and 60 Trillion in debt, yet at the G7 summit our Prime Minister Trudeau announces the solution to that problem is spend more money

Mike’s Mid-Week Update – The Knife At Everyone’s Throat – Interest rates, the Bank of Canada, economic growth and employment is all subject to an exploding trend in our society that is occurring right now. Whether its and opportunity or threat will depend on entirely on how we react individually or as a nation to this technological trend. 

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