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According to a recent document from the Russian Finance Ministry, military expenditure is slated to surge nearly 70 percent to €106 billion by 2024. This increase underscores Moscow's unwavering commitment to its military involvement in Ukraine, despite the significant human and economic toll.
As per the document, Russian defense spending is set to rise by 68 percent in 2024 compared to the current year, amounting to 10.8 trillion rubles (€106 billion). Consequently, defense allocation will constitute roughly 30 percent of the total federal expenditure in 2024 and 6 percent of the GDP—marking a historic first in modern Russian history. Internal security budget is also slated to increase to 3.4 trillion rubles (€33 billion), nearly 10 percent of the annual federal spending.
The primary emphases of this budget are stated as "bolstering the nation's defense capabilities," "assimilating the newly acquired regions" of Ukraine, whose annexation Moscow has insisted upon, and providing "social assistance to the most vulnerable citizens," just months ahead of the Russian presidential elections in spring 2024.
Conversely, the cumulative expenditure on education, healthcare, and environmental protection barely amounts to one-third of the defense budget, according to ministry data. Overall, federal expenditure is projected to reach 36.7 trillion rubles (€359 billion), a striking 20 percent surge from 2023.
However, the government has provided little insight into how it plans to fund this substantial escalation. Prime Minister Mikhail Musustin stated last Friday that revenue from hydrocarbon sales will see a sharp decline, constituting only "a third of next year's budget" in 2024, compared to half prior to the Ukraine invasion. Hydrocarbon sales, once the driving force behind Russia's economic growth, are dwindling due to international sanctions and the European Union's resolve to reduce energy reliance on Moscow.
One indication that the government anticipates a challenging period ahead for the Russian economy is its announcement that it has based its budget forecast on the assumption of a dollar being valued at around 90 rubles, thus implying an anticipated weakening of the national currency in the medium term. The draft budget law for 2024-2026 is scheduled to be submitted to the State Duma, Russia's lower house of parliament, on Friday.
More Medical Misinformation, Random Deleting of Videos , Controlled opposition Lives! ,
The debate surrounding the adequacy of the minimum wage has been a longstanding and contentious issue in the economic and policy spheres. While the minimum wage is intended to establish a baseline level of compensation, it often falls short of meeting the demands of a living wage. In this essay, we will explore the reasons why a minimum wage job is often inadequate for sustaining a decent standard of living, and the strains this imposes on the private sector.
The Minimum Wage Dilemma
The concept of a minimum wage was initially introduced as a safeguard to protect workers from exploitation and to ensure a basic level of economic security. However, over time, inflation and rising living costs have eroded the real value of the minimum wage, creating a growing disparity between what it provides and what is needed to cover essential expenses.
Rising Cost of Living
One of the primary reasons why a minimum wage job often falls short of a living wage is the escalation of living expenses. Costs associated with housing, healthcare, education, and other basic necessities have surged over the years, outpacing the rate at which the minimum wage has been adjusted.
Inadequate for Basic Needs
A minimum wage job, by definition, provides the bare minimum needed to subsist. However, it frequently fails to cover essential expenses, leaving workers struggling to make ends meet. This can lead to financial instability, forcing individuals to make difficult choices between necessities such as rent, food, and healthcare.
Limited Opportunity for Advancement
Many minimum wage jobs offer limited opportunities for advancement or skill development. This can lead to workers becoming trapped in a cycle of low-paying employment, with little chance of upward mobility or access to higher-paying positions.
Insufficient for Savings and Investments
A minimum wage often leaves little room for savings or investments in the future. This lack of financial cushion can lead to vulnerability in the face of unexpected expenses, such as medical emergencies or job loss.
Dependency on Public Assistance
Due to the inadequacy of the minimum wage, many workers are forced to rely on public assistance programs, such as food stamps, housing subsidies, and Medicaid. This places a strain on government resources and taxpayers, effectively subsidizing employers who pay low wages.
Inequality and Social Mobility
The disparity between minimum wage and living expenses exacerbates income inequality and hampers social mobility. It creates a situation where individuals and families struggle to break free from poverty, hindering their ability to improve their long-term prospects.
Negative Impact on Health and Well-being
The stress and financial strain of living on a minimum wage can have adverse effects on physical and mental health. Lack of access to proper healthcare, nutritious food, and stable housing can lead to long-term health issues and reduced overall well-being.
Strains on the Private
In 2019, the global economy faced a multitude of challenges that significantly impacted various sectors, including banking, housing, inflation, and job losses. These issues were interlinked, exacerbating the overall economic strain. This essay will delve into each of these areas to elucidate how they collectively contributed to the economic turbulence of that year.
The banking sector played a pivotal role in the economic landscape of 2019. One of the primary concerns was the persistently low interest rates. Central banks, including the Federal Reserve in the United States and the European Central Bank, maintained historically low policy rates to stimulate economic growth following the aftermath of the 2008 financial crisis. While this policy had positive effects in the initial recovery phase, by 2019, it had unintended consequences.
Low interest rates compressed banks' net interest margins, the difference between interest earned on loans and interest paid on deposits. This put pressure on their profitability, as they struggled to generate sufficient income from lending operations. Consequently, banks were more cautious about lending, particularly to riskier borrowers. This limited access to credit for individuals and businesses, stifling investment and consumption.
The housing sector also grappled with its own set of challenges. In many regions, housing prices had soared to unsustainable levels, fueled by a combination of factors including low interest rates, speculative investments, and a lack of affordable housing options. This created a precarious situation where a significant portion of the population was priced out of the market, making it difficult for first-time homebuyers to enter the market.
Simultaneously, the high prices posed a threat to financial stability. The potential for a housing market correction loomed large, which could lead to a cascade of adverse effects across the economy. Many households were over-leveraged, with mortgage debt levels far exceeding their disposable income. In the event of a downturn, these households were vulnerable to default, potentially triggering a wave of foreclosures and further exacerbating the housing crisis.
Inflation was yet another pressing concern in 2019. While moderate inflation is generally seen as a sign of a healthy economy, persistently low inflation rates were a cause for worry. Central banks target a certain level of inflation to ensure price stability and stimulate economic activity. However, in 2019, many advanced economies struggled to meet their inflation targets.
Several factors contributed to this predicament. Globalization and technological advancements kept a lid on wage growth, as companies faced competition from lower-cost labor markets and automation. Additionally, the rise of e-commerce and increased price transparency through online platforms exerted downward pressure on prices. As a result, central banks found themselves in a challenging position, with limited tools
March 22nd 2019 , Governments and Banks on the hook with money laundering , rates are finally going up and the bad debt is finally gonna fall off and a majority of people that bought in the last 5 years were on the verge of loosing everything , Banks were on the hook for Artificially low rates that propped people into buying in an already over priced Market that was 22 times their annual income , GUESS WHAT ! they Pulled the trigger on the pandemic as the word was protesting , rates went back down .
***Originally Went live on March 22nd 2019 --- Back from my 8th YT suspension
My Opinion : Housing may be in correction territory! , we stated by 2016 their was gonna be a correction , we were wrong . But the only way is if they Pivot and lower rates again . I cant see them lowering Rates because we wont see a correction and inflation will kick in hard by 2020 plain and simple we wont be able to afford food .
Tragic Outcome: Woman Passes Away Following an 11-Hour Wait for Medical Attention in New Brunswick Emergency Room
Marianne Porter's Final Hours: A Tragic Tale of Pain and Waiting
In the waning moments of her life, Marianne Porter endured excruciating pain, hunched over and moaning, as she awaited attention from an emergency room physician at Moncton Hospital.
Enduring an agonizing 11-hour wait, Porter's condition deteriorated. Her sister, Donna Bordage, believes this prolonged delay played a role in her passing, which occurred mere hours later. Porter had sought medical help on a Saturday morning, suspecting a hernia.
While Porter's vital signs remained stable, she languished in the waiting area, in severe discomfort, until she was finally attended to. Throughout the night, medical professionals worked tirelessly, but tragically, her kidneys ultimately failed, leading to her passing just past 9 a.m. on Sunday.
At only 58 years old, Porter leaves behind three children.
Overcrowded Emergency Rooms: A Pervasive Issue
Though Dr. Serge Melanson could not comment on the specific circumstances of Porter's passing, the president of the New Brunswick Medical Society highlighted that, on occasion, half of the ER beds at Moncton Hospital are occupied by patients who have been admitted but are unable to be moved to another unit or ward due to severe overcrowding.
The prophecy is finally coming together, Robert Kennedy Jr to run as independent, could complicate Trump, Biden 2024 contest
Title: The Paradox of Artificial Bubbles: Creating Shortages and Wealth
Artificial bubbles, a phenomenon in financial markets, occur when the prices of assets, such as stocks, real estate, or commodities, drastically exceed their intrinsic value due to speculative trading and investor optimism. These bubbles, while seemingly promising prosperity, have a paradoxical effect on the economy. This essay aims to elucidate the intricate relationship between artificial bubbles, artificial shortages, and the resultant creation of artificial wealth, exploring the underlying mechanisms and their consequences.
I. The Genesis of Artificial Bubbles
1.1 Irrational Exuberance and Speculative Behavior
Artificial bubbles are often ignited by irrational exuberance, a term popularized by former Federal Reserve Chairman Alan Greenspan. This refers to a collective state of overconfidence among investors, causing them to overlook fundamental factors and bid up asset prices based on unfounded optimism.
1.2 Feedback Loops and Amplification Mechanisms
Once ignited, artificial bubbles thrive on feedback loops. Rising asset prices attract more investors, who further bid up prices, creating a self-reinforcing cycle. Moreover, the availability of easy credit and low-interest rates amplify the speculative behavior, as investors are encouraged to leverage their positions.
II. The Dynamics of Artificial Shortages
2.1 Scarce Resources and Perceived Value
Artificial bubbles distort the perception of scarcity. As asset prices soar, there is a tendency to view these resources as increasingly scarce, even if their intrinsic value remains unchanged. This perception is driven by the fear of missing out (FOMO) and the belief that prices will continue to rise indefinitely.
2.2 Speculative Hoarding and Holding Patterns
Investors, driven by the fear of missing out, engage in speculative hoarding. They refrain from selling their assets in anticipation of even higher prices. This behavior further exacerbates the perceived scarcity, as the assets are effectively taken out of circulation.
2.3 Distorted Market Dynamics and Resource Allocation
Artificial shortages disrupt the traditional market dynamics of supply and demand. As demand outstrips supply, prices are artificially inflated, leading to a misallocation of resources. This misallocation can have far-reaching consequences, affecting sectors ranging from housing to commodities.
III. The Paradox of Artificial Wealth
3.1 Illusionary Gains and Wealth Effect
Artificial bubbles give rise to illusory gains, where individuals and institutions see their net worth surge on paper. This wealth effect spurs consumer spending and investment, leading to short-term economic stimulation. However, this wealth is often based on inflated asset prices rather than tangible value.
3.2 Disparity and Wealth Redistribution
While some participants in the bubble benefit from soaring asset prices, others are left on the sidelines, unab
As of my last knowledge update in September 2021, property tax rates can be influenced by various factors, and it's important to note that they can change over time due to shifts in local government policies, economic conditions, and other relevant factors. If property taxes have increased in Brampton, Ontario, there could be several reasons for this phenomenon. Here are some potential factors that might contribute to high property taxes in Brampton:
1. **Population Growth and Urbanization**: Brampton has experienced significant population growth over the years. Rapid urbanization can lead to increased demand for public services and infrastructure, which may require higher property tax revenue to fund.
2. **Infrastructure Development and Maintenance**: Building and maintaining infrastructure like roads, bridges, parks, and public facilities can be costly. If Brampton has embarked on large-scale infrastructure projects, this could lead to higher property taxes.
3. **Municipal Budgetary Needs**: Municipalities must cover various expenses, including public safety (police and fire services), education, healthcare, waste management, and administrative costs. If the city's budget has expanded to meet these needs, property taxes may have increased accordingly.
4. **Assessment Value of Properties**: If property values in Brampton have appreciated, this could lead to higher property tax bills. Even if the tax rate remains the same, a higher assessed value will result in higher taxes.
5. **Government Policies and Regulations**: Changes in provincial or municipal policies, regulations, or mandates can affect property tax rates. For example, shifts in how property assessments are calculated or changes in the allocation of tax revenue can impact property taxes.
6. **Transparency and Accountability**: A municipality may choose to increase property taxes to improve transparency and accountability in local governance. This can involve investing in systems for more effective public services or meeting higher standards of transparency in financial reporting.
7. **Economic Factors**: Economic conditions, such as inflation, can impact property tax rates. In times of economic uncertainty or downturns, local governments may face increased fiscal pressures, leading to a need for higher tax revenue.
8. **Demands for New Services**: If there is a growing demand for additional services in the community, such as improved public transportation, enhanced recreational facilities, or expanded healthcare services, this could result in higher property taxes.
9. **Debt Repayment**: If the municipality has taken on debt for large-scale projects, property taxes may be raised to ensure timely repayment of these obligations.
It's essential to consult official sources or local government representatives to get the most accurate and up-to-date information on property taxes in Brampton, as the specific reasons for any increases may vary based on current circumstances and polic
In recent years, a profound shift has occurred in the relationship between governments and social media platforms. This transformation is marked by an increasing sense of governments losing their traditional grip on information dissemination, which has led to growing calls for censorship. The catalyst for this shift lies in the unprecedented access to information and the ability of individuals to share their perspectives with a global audience. As a result, governments are grappling with the challenge of controlling narratives, and some argue that increased censorship is seen as a necessary response to maintain authority. However, this evolving dynamic raises critical questions about the balance between free expression and the need for regulation in the digital age.
The Rise of Citizen Journalism and Alternative Narratives
One of the key drivers of governments' perceived loss of control is the rise of citizen journalism facilitated by social media platforms. Individuals armed with smartphones now have the power to capture and disseminate events as they happen, often circumventing traditional news channels. This phenomenon has enabled alternative narratives to emerge, challenging official versions of events and providing a more diverse and nuanced perspective. The ability of social media to amplify these voices has democratized information dissemination to an unprecedented degree.
The Speed of Information Flow
Social media's real-time nature has fundamentally altered the speed at which information spreads. In the past, governments had more time to shape narratives through traditional media channels. Now, a single tweet or post can rapidly gain traction, potentially shaping public opinion before official statements can be issued. This accelerated pace of information flow poses a significant challenge for governments seeking to maintain control over the narrative.
The Erosion of Trust in Traditional Institutions
Parallel to the rise of citizen journalism, there has been a decline in trust in traditional institutions, including governments and mainstream media. This decline is partly attributed to a perception that these institutions have not adequately addressed the diverse needs and concerns of the public. As a result, individuals are increasingly turning to alternative sources for information, often found on social media platforms. This further challenges governments' ability to control narratives, as they are no longer the sole gatekeepers of information.
The Influence of Algorithms and Echo Chambers
Social media platforms employ algorithms that curate content based on user preferences and behaviors. While this can enhance user experience, it also has the unintended consequence of creating echo chambers—environments where individuals are predominantly exposed to information and viewpoints that align with their existing beliefs. This phenomenon can reinforce confirmation bias and contribute to the spread of misinformation or divisive narra
In times of economic uncertainty and market volatility, investors seek refuge in assets that have historically demonstrated resilience. Among these, gold stands as a stalwart, offering a unique set of characteristics that make it an attractive investment when real estate and stocks experience downturns. This essay will elucidate why gold serves as a reliable haven in such scenarios, examining its intrinsic value, historical performance, and role as a hedge against economic instability.
Intrinsic Value of Gold
Gold's enduring appeal as a store of value stems from its intrinsic characteristics. Unlike stocks, which represent ownership in a company, or real estate, which provides shelter and can generate rental income, gold is valued for its inherent rarity, malleability, and aesthetic appeal. Its scarcity ensures that it cannot be easily inflated or devalued by government policies, making it a tangible and enduring asset.
Historical Performance in Downturns
Gold has a proven track record of preserving wealth during periods of economic turmoil. The 2008 financial crisis serves as a compelling example. As stock markets plummeted and real estate values plummeted, gold prices surged. From 2007 to 2009, the S&P 500 index experienced a nearly 40% decline, while gold prices increased by approximately 25%. This demonstrates gold's ability to act as a counterbalance to traditional investments, helping to mitigate losses during bear markets.
Inverse Correlation with Stocks and Real Estate
One of the key attributes that sets gold apart as an investment is its inverse correlation with stocks and real estate. When equities and property values face downturns, gold tends to appreciate in value. This negative correlation provides diversification benefits, reducing overall portfolio risk. By including gold in an investment strategy, an investor can potentially offset losses incurred in stocks and real estate, thereby enhancing the overall stability of the portfolio.
Preservation of Wealth
Gold's role in preserving wealth over the long term is underscored by its ability to retain value across generations. Unlike paper currencies, which are susceptible to inflation and devaluation over time, gold has maintained its purchasing power for centuries. Historical records indicate that an ounce of gold could purchase a comparable amount of goods and services in ancient times as it can today. This enduring store of value makes gold an invaluable asset for protecting wealth from eroding economic conditions.
Safe Haven During Geopolitical Uncertainty
Gold's appeal extends beyond economic downturns and encompasses geopolitical uncertainty. During times of geopolitical strife, such as political instability, armed conflicts, or trade tensions, investors flock to gold as a safe haven. This demand surge further bolsters its value. For instance, during the 1970s oil crisis and subsequent geopolitical turmoil, gold prices experienced a meteoric rise, outperforming traditional in
A distraction is a phenomenon that diverts attention or focus away from a particular task, activity, or objective. It is a pervasive aspect of human experience and can take many forms, ranging from external stimuli to internal thoughts and emotions. Distractions can be both intentional and unintentional, and they can have varying degrees of impact on an individual's ability to concentrate, perform tasks, or achieve goals.
Distractions can emerge from a multitude of sources, and they often arise in the context of a dynamic and information-rich environment. External distractions encompass sensory stimuli such as noise, visual clutter, or interruptions from the surrounding environment. For instance, a noisy construction site near a workspace or a constantly ringing phone can disrupt one's concentration. These external stimuli can be especially potent when they are unexpected or unfamiliar, causing a sudden shift in focus.
Moreover, internal distractions originate within an individual's mind. They may include thoughts, emotions, or physiological sensations that draw attention away from the primary task at hand. For example, worries about an upcoming deadline, daydreaming, or even hunger pangs can all contribute to internal distractions. Additionally, emotional states like stress, anxiety, or excitement can create a mental environment that is less conducive to sustained concentration.
In a digital age, technological devices and platforms have become significant sources of distraction. The constant availability of smartphones, social media, and various forms of digital entertainment can lure individuals away from their intended tasks. The allure of notifications, messages, and the seemingly endless stream of content on the internet can be particularly challenging to resist.
Distractions can have both short-term and long-term consequences. In the short term, they can disrupt the flow of a task, leading to errors, decreased productivity, and a general sense of frustration or dissatisfaction. In more complex tasks, distractions can even be dangerous, as they may compromise safety or lead to critical mistakes.
Over the long term, a habitual tendency to succumb to distractions can hinder personal and professional development. Consistently shifting attention away from important goals or responsibilities can impede progress and prevent the achievement of desired outcomes. For instance, a student who habitually succumbs to distractions may find it difficult to concentrate on studies, leading to lower academic performance. Similarly, in a professional setting, regular distractions can hinder career advancement and reduce overall job satisfaction.
The impact of distractions can vary depending on individual factors such as personality, cognitive abilities, and environment. Some individuals may have a higher tolerance for distractions and can still maintain focus despite external or internal stimuli. Others may be more susceptible to the disruptive effects o
Bring Back Donald Trump NOW !, They Need a Distraction NOW ! , Governments are loosing Grip
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The foreign-born population of the United States is on the verge of reaching 50 million, an all-time high, less than three years into President Joe Biden's tenure, during which he sought to increase immigration levels through executive authority.
Analysis conducted by the Center for Immigration Studies (CIS) based on the U.S. Census Bureau's Current Population Survey (CPS) indicates that as of last month, the foreign-born population of the nation stands at approximately 49.5 million, just half a million short of the 50 million mark.
This figure underscores how rapidly immigration to the United States has expanded under Biden's administration. According to CPS data, around 2.2 million both legal and illegal immigrants have been incorporated into the nation's populace in just the past year.
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Mike in the Night! E521, Ricky Spanish Shits on Mike in the Night! Royally screwed by Governments, News, Open Mic
is social media on the hook for mass murder ? , the sandwich story .
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Massive invasion of arsonists , forest fires to hit Australia, 2023-2024, governments are losing it
my friend was murdered by mainstream media, big pharma, government, socialized medicine
Artificial Intelligence (AI) has emerged as a powerful tool that holds the potential to revolutionize various aspects of human life. However, like any powerful tool, AI can be used maliciously to sabotage humans in numerous ways. This essay explores the multifaceted avenues through which AI can undermine humanity, highlighting the importance of ethical considerations and responsible deployment of AI technology.
AI can be harnessed by cybercriminals to launch more sophisticated and targeted cyberattacks. With machine learning algorithms, hackers can develop intelligent malware that adapts and evolves in response to security measures, making it increasingly difficult to detect and neutralize. Furthermore, AI can automate tasks such as data collection and analysis, enabling hackers to breach systems with greater efficiency and effectiveness.
Disinformation and Manipulation:
AI-generated content, such as deepfakes and synthetic media, can be used to spread misinformation and manipulate public perception. Malicious actors can create convincing fake videos and audio recordings of public figures, causing political turmoil, damaging reputations, and eroding trust in media sources. This can lead to societal divisions and a loss of faith in authentic information.
Social Engineering Exploitation:
AI can enhance social engineering techniques, where attackers manipulate individuals into divulging sensitive information or performing actions that compromise security. By analyzing vast amounts of personal data available online, AI can craft tailored messages that exploit psychological vulnerabilities, making it more challenging for individuals to discern fraudulent requests from legitimate ones.
The development of AI-powered autonomous weapons raises concerns about the potential for these systems to be used in warfare and conflict. If in the hands of malicious entities, these weapons could identify targets and carry out attacks without human intervention, resulting in unintended casualties and escalation of hostilities beyond human control.
Financial Systems Manipulation:
AI algorithms can analyze financial markets and predict market movements with remarkable accuracy. However, if these predictive capabilities are exploited by malicious actors, they can manipulate stock prices, initiate coordinated market crashes, and undermine economic stability. This could lead to significant financial losses for individuals, institutions, and even entire nations.
AI-driven surveillance systems, while designed to enhance security, can also infringe upon individual privacy. By analyzing massive amounts of data collected from various sources, AI can identify patterns of behavior and predict future actions, eroding personal freedoms and enabling unwarranted surveillance by governments or corporations.
Autonomous Systems Takeover:
Previously Aired on : Apr 18, 2016 VANCOUVER
My Opinion: why would you leave the security and wealth you built to sell it off to move to a foreign country? 1st thing that comes to mind is High Taxation , Like we said on our previous channel "they will tax you to death! "
today is April 17 2016 I thought something on the news with a crack that was a crackpot conspiracy theory for a long time was the people millionaires leaving the country unpretty uh I thought that was just a story or something to you to get people riled up and another thing to make a million videos about but it's in several major news syndicates now several major newspapers a lot of millionaires are leaving the United States a lot of millionaires are leaving we're talking about millionaire in assets like in that actually have not a million dollars in credits we're talking about like actual millionaires and yes it's it's why why is this happening that's why I created this channel so maybe people could put constructive criticism below leave links below because I don't know anything and everybody knows that my channel is designed for basically people contributing towards the cause maybe together we could find a solution right now there's the number one country that's losing more millionaires than any other is France France is in first place it's lost eleven percent of its millionaires second country is Italy lost 10% of its millionaires just left the country and where are these people going that's the thing I mean I mean you see evidence of people moving out and gathering their stuff and leaving their places or selling their stuff but where they go after because we don't know right I mean obviously you see people moving into other places but where are these people going right with the European I mean you can't just can't move to the US from the Europe just like that right so were they going right they can't move to even Mexico they can't even move to there's a lot of countries you just can't move to so were these people going okay so you got that number three is so it was Spain Italy and number three is actually the United States of America where is everybody going there's rumors going around are these just rumors right I don't know anything right but you got these rumors going around a lot of people are going New Zealand there's even been more reports a lot of people are going to Madeira Island in the Azores those Portuguese archipelago Islands whatever I was born in one of those Islands but there's a lot of rumors of people going moving there because it's so far out of the way of everything right where else there's other rumors that they're moving to some some Polynesian islands dividing up land there and creating landing strips and stuff so do people know something's coming is this the calm before the storm you know we have these massive elections on loom a lot of countries are entering huge elections right now you know maybe somebody
Originally Aired on : Apr 11, 2016 VANCOUVER
My Opinion: This is Nuts ! Chinese are parking their money here like crazy ! They are bidding up Junk homes so fast that the Canadian proper cant compete ! at this rate Canada wont exist by 2025 , the housing market will NEVER BURST unless they put an end to Money Laundering in Canada NOW ! Bidding Wars on Junk Homes , CCP Money Laundering Outbidding Middle class Canadians, Chinada
hot topic here in the north west southwest of Canada northwest of you in the United States of the housing bubble here in Vancouver and I've been doing some math watching a few documentaries I read a book believe it or not actually write a damn bulk and it's not good it's the market keeps getting fueled by foreign investors so if everybody lost their job here in British Columbia in Vancouver and British Columbia the housing market will just keep going up because the foreign mark or the foreigners are coming in and buying up the market at whatever price and they're over bidding at each other and it's destroying the the ability for the common Canadian to buy anything in this country well in the province of BZ now and if you go oh go two hours away or an hour away from the city it's worse you get poor quality poor quality of living like and and over expensive stuff that is beyond anything you could ever imagine so a housing bubble would have burst here in Vancouver no I can't even Burnaby Richmond it will never burst because there's always people people overseas that are going to come in from China basically and buy up the properties a second they're available for sale because a lot of the money a lot of the money that is being made in China a percentage of it is illegally made so they can invest it in China so they come to Canada and used the housing market as a safe haven the housing market and gold market is a few markets that are safe havens right the housing markets are safe because you're not carrying around Brooks a gold everywhere you go or having him in save swear it's a risk to get to get you know you could get killed over having goals right bar is a golden so just investing houses so that's what that's what a lot of foreigners have been doing they've been bringing in a lot of money dirty money a lot money laundering whatever it is and or illegally made money and just investing it here in Vancouver and what does that happen well it's going to happen it's just Oh what happened the BC people or the Canadian start losing their jobs they can't pay their mortgages who cares they leave and then more foreigners come in and buy up the properties that's just how it is I read a book believe it or not I did and it actually explains how that's happening and not everyone's scared to call a spade a spade I mean th
Originally Aired on Apr 10, 2016 VANCOUVER
My Opinion : At this Rate not even money launderers can keep up with the 100X inflated real estate prices in Canadian Cities, this will trigger a mass exodus of young educated middle class out of the cities. Canadian cities will turn into empty shells and make homeowners wealthy overnight !
hey guys mike Martin's channel Mike Martin's here in Vancouver I got some good good good news I found a house I found a house for under a million box found it and it's not bad not bad condition let me give you a little outside to her here of it and let me show you what the health looks like one place of music completely boarded up home yes sold for 980,000 it's one hundred percent needs to be re excavated needs to be rebuilt completely the house is under complete a teardown mode yes yes yes and that's what you get my friends and by the way that's not the price of the house the house was almost was actually 1.1 million dollars why because they're actually going to build condos here so it'd be better if you bought it for 900,000 would have been cheaper but no they're building these they're building leaves all over the city i just thought i'd show you guys the housing prices here are just beyond anything you could ever imagine my friends thanks for watching and don't forget to hit the subscribe button bye
Originally Aired on : Feb 18, 2016
My Opinion: As US dollar becomes DE DOLORIZED Brazil is abandoning the USD and as that happens Dilma Rousseff is Creating a Gold backed , Back end Brics Nations Currency that will force north America into a Unified Currency . im Giving it till 2021 before they roll things out !
I want to make this quick video because I just saw in the Brazilian news today watching is directly from Brazil and they're denouncing the US dollar as a reserve current a reserve currency for trade Brazil is actually going to switch to euros and I know it's probably everywhere on the news and everyone knows that but I just wanted to throw that out there because we might see the end of the dollar collapse the US imperial Empire collapse I don't know what's gonna happen but I think I think what might happen is they might unify the Canadian American and Mexican dollar into one amaryl and I think if the Amero comes out it might be the three economies might put it back in check to be how would you put it to be a good adversary against the euro if that did happen there's lots of minerals in North America up in the polls and everything and there's lots of lots of oil reserves down in Mexico too and a unification of the Amero would be I think would rival the euro if that did happen I I think that's I think that's personally what I think might happen so I'm gonna keep you guys posted on this one because this is really important and I think it's crucial that people understand this because this might change the way we wouldn't be doing business as a trading partners from border to border so anyway so I'll keep you posted on that I just thought I'd put up a quick video on that because I think this is gonna I think the tables are going to turn especially with Brazil I know China is a no Russia is but I didn't know that that that Portuguese America made that the decision or Brazil made it the decision to go ahead and switch like that anyways thanks for watching guys don't forget to subscribe buttond #mikemartins #mikeinthenight
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