Not your average recession . . . .

[TASFarms]

61 franchises Wendy’s goes bankrupt
Michael Burry closes on 1.6 billion loss. US looks to be in rough shape. Canadian govt is the only job creator in this country. All other industries are just maintaining. Immigrants leaving

[Taiga]

One of the economic articles I read from ATB Financial recently said Alberta’s population grew by 184,400 people between July 2022 & July 2023. (4.1% growth).

Calgary is construction everywhere. Airdrie over 100k people now. Downtown Calgary sort of resurrecting itself.

[url]https://caoec.ca/drilling_rig_map[/url]

Lots of rigs working, once LNG Canada and Transmountain are done we will be in a good position.

Don’t know how to make links.

[Guest]

One of the economic articles I read from ATB Financial recently said Alberta’s population grew by 184,400 people between July 2022 & July 2023. (4.1% growth).

Calgary is construction everywhere. Airdrie over 100k people now. Downtown Calgary sort of resurrecting itself.

[url]https://caoec.ca/drilling_rig_map[/url]

Lots of rigs working, once LNG Canada and Transmountain are done we will be in a good position.

Don’t know how to make links.

Press on 3 dots , then video pic , then past link that you highlighted and copy

[Guest]

Pics are in wrong order

[errolanderson]

Group, this is significant . . .
The M2 money supply stateside is now at its lowest point . . . ever.

Printed money vanishing as credit write-offs implode and asset values plunge. So much for Keynesian economics. The piper will be paid . . .

[TASFarms]

Group, this is significant . . .
The M2 money supply stateside is now at its lowest point . . . ever.

Printed money vanishing as credit write-offs implode and asset values plunge. So much for Keynesian economics. The piper will be paid . . .

Isn’t m2 money supply still higher than precovid?
US companies already making excuses for poor black friday sales.

[shtferbrains]

I no economist but here's a chart.

The vertical shaded lines are previous recessions

It would be interesting to see farmland prices plotted on that timeline.

[wheatking16]

US M2 Money Supply is below a declining 20-month MA for the first time.... since ever.

[Old Cowzilla]

Still lots of money for ag thou I guess the world still needs farmers. Just how do they measure the success of black fridays now when they start the 1st of November and run till December 24 than are followed by boxing day sales till Jan 15 ?

[biglentil]

The globalists have put in place all the legal mechanisms in place to "build back better". To build back implies that the current structure of capitalism including property rights must be dismantled first. In the last decade legal mechanisms have been quietly put in place in virtually all jurisdictions across Earth. In classic Helgelian Dialectic a debt crisis of their manufacture that of course will be blamed on the risky behavior of the public will facilitate the removal of all property rights.

This is an excerpt from the "The Great Taking".

[AlbertaFarmer5]

One of the economic articles I read from ATB Financial recently said Alberta’s population grew by 184,400 people between July 2022 & July 2023. (4.1% growth).

Calgary is construction everywhere. Airdrie over 100k people now. Downtown Calgary sort of resurrecting itself.

[url]https://caoec.ca/drilling_rig_map[/url]

Lots of rigs working, once LNG Canada and Transmountain are done we will be in a good position.

Don’t know how to make links.

Anecdotally, we have gained many new neighbors from Ontario in the past few years.
Rats leaving the sinking ship which is the rest of Canada while they can.

[errolanderson]

Over the past month, there are now more central banks cutting rates, than hiking them.

[sk_wheatking]

Anecdotally, we have gained many new neighbors from Ontario in the past few years.
Rats leaving the sinking ship which is the rest of Canada while they can.

Yes, their leaving Ontario to vote liberal in the west.

[Taiga]

Liberal govt says everything is great and will add another $40B deficit to the debt.

[errolanderson]

Comment from Michael Burry this morning . . . .

The average credit card balance in the U.S. is — $7,000 and the average retail credit card APR hit a record high of 28.93% this year. Source, Bankrate.

If a credit card holder finances a $1,000 purchase at the average retail card interest rate of 28.93% and only makes minimum payments, that cardholder will owe $715 and be in debt for 50 months. How much time does the consumer have left?