Where that got us was a pretty high standard of living, remember when you could buy houses in Palm Springs for 200k? Then we took it for granted and began introducing capital flight.
Wow, theyre prioritizing the well being of the country over the environment and indigenous people?
Its like they're finally trying to keep us in a first world standard of living; because they were about to be destroyed as a party entirely if they did not.
What I did is Reolink with PoE off Amazon for about 100$, with RTSP so it can be absorbed into Home Assistant. Block its mac address for internet access in your router.
Traitors to the people blocking their main export I guess. Let's not pretend like BC NDP or Quebec are terribly helpful for Alberta's exports, and Canada isn't refining oil in great volumes any time soon.
The separatist movement clearly exists solely in order to attempt to push pipelines. They are taking the same path as Quebec in an attempt at gaining bargaining power, and Trumps threat of annexation just made it possible.
Though the Feds can run large deficits to feed into the riches assets. Which the BoC buys the bonds to increase the money supply to avoid raising taxes to pay for it, like they're doing with mortgage bonds now to inflate home values.
They're rich on leverage, as their debts were inflated away, and their assets were bailed out. This is what loose monetary policy and bailouts leads to. Our Federal Government and the Bank of Canada are the ones ultimately causing it.
Its called military keynesianism. Its how the US creates dollars, which are then imported into Europe and the globe.
Places like Europe, Canada, and China maintain a net export with the US, importing USD, which stabilizes their currency. The US imports debt and runs a large deficits in order to supply USD to the world. This is what Trump seemingly wants to milk to drop corporate tax, and thus Europe now has to build up their military, in order for their economic system to continue to function without USD.
Actually its generally new buyers who haven't used or benefited from the infrastructure paying to maintain and replace it. Which is the opposite of how it should be.
Where that got us was a pretty high standard of living, remember when you could buy houses in Palm Springs for 200k? Then we took it for granted and began introducing capital flight.