Mike's Daily Comment

How Did It All Happen? – If we want to stop repeating the same old policy mistakes, Michael thinks we need to ask why Governments continually implemented policies that dramatically reduced economic growth, increased unemployment while promising outrageous personal services

It’ Not Business As Usual – Record levels of joblessness in Europe, the technological revolution, the explosion of World Debt, the decline in commodity prices led by a 50% plus fall in Oil prices, extreme currency moves, negative interest rates…..

Glad Hands & Back Slapping – Vancouver Mayor Gregor Robinson is heading to Rome to meet with the Pope on Climate Change. Have these crusaders to save the planet never heard of conference calls?

You Can’t Ignore the Math – Whether it is Puerto Rico, Detroit or Greece, the tsunami is about to hit landfall in most jurisdictions. Canada too as Michael points out……

Financial Forecast -The IMF became is the last institution to reduce its forecast for Canada’s ecomomic growth, despite Central Banks taking unprecedented action to prevent deflation…..