Quote of the Week
00:00 – 03:03 – This Quote of the week addresses the escalating problem in society where we can’t bridge our divisions because we are increasingly unable to have honest respectful conversations, with so many areas and topics no-go zones. It’s all leading to escalating civil violence.
…also from Michael: The Problem With The Relentless Middle Class Message
Dr. James Thorne was very clear when he last joined us in April 2017 that Trump’s deregulation of the financial sector and though he expected it to be a 2-3 year process things have gone very well in that area. James tells Michael what opportunities investors should be looking at to take advantage of this deregulation.
Jame also thinks that we are early in the transition from analog to digital and recommended Amazon and Google last time, both which are trading higher now. James says the rate of change of technological innovation is accelerating, and with Amazon doing significant damage in the retail space, any company that isn’t spending significant amounts of money on technology “is going to go away”.
In a fascinating segment of this interview, the US Government & the Obama Administration is about to be accused of committing the largest financial crime in history, stealing money from Fannie Mae and Freddie Mac to finance a bail-out Wall Street and to also finance ObamaCare. Documents are now coming out but it is not yet being covered by the mainstream media.
Thorne like the fact that their is fear in the market, and he scours the world for places where that fear is in place, Europe is interesting, Greece looks good oThe Problem With The Relentless Middle Class Messagever the next 2-3 years. Canada is looking expensive.
….also from Michael: The Problem With The Relentless Middle Class Message
Michael can’t think of a single special interest group leader, big Government advocate or politician whose stood up in in the last 10 years and said “the World has really changed, so I’ve changed my view on economics and finance.”
…also from Mike: It’s Never Been Easier or Cheaper To Substitute Technology For Jobs
We are starting to see some research on the impact of a hike in minimum wage on jobs that can be replaced by technology. The conclusions aren’t pretty but its not too likely minimum wage advocates are going to change their tune.
….also Michael’s Mid-Week Update: “NAFTA Fatally Flawed
-
I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.
~ Dale G.
-
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
~ Dave E.
-
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
-
A sane voice in a scrambled investment world.
~ Ed R.
Inside Edge Pro Contributors
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair
The Problem With The Relentless Middle Class Message
Posted by Michael Campbell
on Saturday, 19 August 2017 18:03
The Federal Liberals contant message that they are doing everything for the “middle class” clearly resonates with voters, and it also provides cover when Justin Trudeau got caught breaking his own rules regarding pay for access at a dinner for Chinese billionaires. The Liberals do lots of things that hurt the middle class. For example one of their main six goals for the renegotiation of NAFTA that includes preserving a system that transfers wealth from the lowest earning 40% of families to a privileged group of just 13,500!
…also Featured Guest Dr. James Thorne on: The Incoming “Financial Crime of the Century”