Mike's Daily Comment
I’m talking about the Bank of Canada press conference, the key component to a strong recovery. No pablum, nothing self congratulatory – just facts and actions that the Bank hopes will prevent the recession from turning into a depression.
Tuesday the Prime Minister announced that now we’re double super primo serious about having arriving travellers quarantine. That’s over a month after they said it was a necessity.
Argentina is about to default of $83 billion in debt owed to private investors. Can the Federal Reserve bail them out too because the direction of the investment markets may depend on it.
Why so many are prepared to go to bat for China is a mystery? No, not the people who are on Beijing’s payroll or are in Canada with the blessing of the totalitarian state – what about everyone else.





Moving to Green Energy Just Got More Unrealistic
Posted by Michael Campbell
on Friday, 17 April 2020 6:31
Where are the hundreds of billions needed to quickly transition to green energy? In a post COVID world it won’t be government who are dealing with hundreds of billions more in debt or companies who will take years to get back to financial stability.