Mike's Daily Comment

Surprise or maybe not – new stats make clear that pay people not to work and some won’t but that’s not the only problem with UBI.

Especially given that innovation is the offspring of competition – and dare we say it…capitalism. And there are no shortage of anti-capitalists. But at what cost?

Mike asks a straightforward but pivotal question in advance of the federal election campaign. The trillion dollar man weighs in on the inflation debate. Big Picture Trading’s Patrick Ceresna on the one thing all investors should do Now. A shocking stat on innovation – or lack of it plus a goofy you shouldn’t miss.

Quote of the Week
Culture wars in education are gaining intensity but where did concepts like Critical Race Theory and Intersectionality come from.
Shocking Stat of the Week
Innovation is the buzziest of buzz words but it’s just the latest area where Canada’s ranking is falling.
Goofy Award
As Mark Steyn says – The enduring sheen of revolutionary chic so attractive to some elites is in forlorn contrast to the decrepitude of the real thing.

The Biggest Winner if Inflation Comes Roaring Back
Posted by Michael Campbell
on Wednesday, 21 July 2021 5:49
Not most of us because our pay cheques don’t keep up with inflation. The big winners are borrowers and who’s the biggest borrower of them all?