Lost decade is hilarious acting like Canada isn’t a federalist country, solely blaming one person for Canada's failures is so misleading but we both know thats what you want to do. Mislead people who do not even live in Canada. 😂
It is federalist but doesn’t Ottawa wield a lot of power? The majority of the people are in Quebec and Ontario in a few cities, other than Vancouver BC on the west coast. I started reading Sam Cooper who covers arctic Mexico corruption
Notwithstanding some Canadian shortcomings highlighted I passed it by my Ai assistant for a down & dirty analysis. Added Australia for comparison as it is also a ‘resource’ economy.
**GDP Growth Trends (Past 10 Years)**
| Year | Australia GDP Growth (%) | USA GDP Growth (%) | Canada GDP Growth (%) |
I think it’s even worse than you describe Lau. Because housing prices much higher than even the highest markets in the United States and wages are lower. If we’re talking about young people living standards have not only flattened but declined precipitously! Good jobs are very difficult to find, housing prices are through the roof, corruption is rampant, unemployment is high, Trudeau flooded the country with immigrants and the Chinese flooded it with fetty. Of course you’re right about Carney’s nut zero scheme as well. So sad because Canada has such an abundance of natural resources and human capital.
US "gdp" grew by 20% since 2015? Does that mean Joe Average's standard of living, how much less he has to work vis a vis how much better his life is, is 20% better? Coulda fooled me.
The only metric that means anything to me is can I find customers with money to buy my stuff. Maybe when GDP collapses I have to work harder to find fewer customers, with less money, squeezing my margins to the bone, basically working harder to move less volume at thinner margins. I know that long before the theoreticions turn that reality into some doctored GDP number. Probably in a real economy, using rapidly evolving technology, an up to date Joe Average middle classer could live a good life working five hours a week, I don't know. But in a financialized economy that measures "growth" in fiat funny money maybe GDP is the growth in wealth transfer from the middle class to the oligarchs of a shrinking goods and services pool. I got no use for GDP, I stand alone looking for customers in an increasingly destitute economic wasteland.
Short and to the point. I completely agree except its already worse much worse than most people could grasp that a rogue group has pilfered its supporters. And were it to get worse from here a new word is needed to describe the larcney.
The KPMA needs your support! The federally run Yukon government is stonewalling all placer activity inDawson City. This region should be booming and filled with activity, considering the price of gold. The tourists complain there are no services and no food in town. The placer miner are family run green businesses that have washed rock and kept the surrounding nature beautiful and plentiful for over past 125 years! They don’t deserve to be treated with such utter contempt.
Lost decade is hilarious acting like Canada isn’t a federalist country, solely blaming one person for Canada's failures is so misleading but we both know thats what you want to do. Mislead people who do not even live in Canada. 😂
It is federalist but doesn’t Ottawa wield a lot of power? The majority of the people are in Quebec and Ontario in a few cities, other than Vancouver BC on the west coast. I started reading Sam Cooper who covers arctic Mexico corruption
Notwithstanding some Canadian shortcomings highlighted I passed it by my Ai assistant for a down & dirty analysis. Added Australia for comparison as it is also a ‘resource’ economy.
**GDP Growth Trends (Past 10 Years)**
| Year | Australia GDP Growth (%) | USA GDP Growth (%) | Canada GDP Growth (%) |
|-------|--------------------------|--------------------|----------------------|
| 2015 | 2.4% | 2.9% | 1.0% |
| 2016 | 2.8% | 1.6% | 1.1% |
| 2017 | 2.4% | 2.4% | 3.2% |
| 2018 | 2.7% | 2.9% | 2.8% |
| 2019 | 1.9% | 2.3% | 1.9% |
| 2020 | -2.2% | -3.4% | -5.2% |
| 2021 | 4.7% | 5.9% | 4.6% |
| 2022 | 3.7% | 2.1% | 3.4% |
| 2023 | 2.1% | 2.5% | 1.9% |
| 2024 | 2.3% | 2.6% | 2.1% |
**Key Observations**
- **Australia's GDP growth** has been relatively stable, averaging around **2-3%**, except for the **pandemic dip in 2020**.
- **The U.S. economy** has shown **higher volatility**, with stronger rebounds post-pandemic.
- **Canada's GDP growth** has been more variable, with a **sharper decline in 2020** but a **strong recovery in 2021**.
- **2021 saw a sharp recovery** for all three nations, with the U.S. growing fastest due to stimulus measures.
- **Canada's growth has been slightly lower** than Australia's in most years, but it follows similar trends.
I think it’s even worse than you describe Lau. Because housing prices much higher than even the highest markets in the United States and wages are lower. If we’re talking about young people living standards have not only flattened but declined precipitously! Good jobs are very difficult to find, housing prices are through the roof, corruption is rampant, unemployment is high, Trudeau flooded the country with immigrants and the Chinese flooded it with fetty. Of course you’re right about Carney’s nut zero scheme as well. So sad because Canada has such an abundance of natural resources and human capital.
US "gdp" grew by 20% since 2015? Does that mean Joe Average's standard of living, how much less he has to work vis a vis how much better his life is, is 20% better? Coulda fooled me.
No it doesn’t mean that, you’re right. I think GDP is an imperfect measure at best, but the economy does at least grow as a whole.
The only metric that means anything to me is can I find customers with money to buy my stuff. Maybe when GDP collapses I have to work harder to find fewer customers, with less money, squeezing my margins to the bone, basically working harder to move less volume at thinner margins. I know that long before the theoreticions turn that reality into some doctored GDP number. Probably in a real economy, using rapidly evolving technology, an up to date Joe Average middle classer could live a good life working five hours a week, I don't know. But in a financialized economy that measures "growth" in fiat funny money maybe GDP is the growth in wealth transfer from the middle class to the oligarchs of a shrinking goods and services pool. I got no use for GDP, I stand alone looking for customers in an increasingly destitute economic wasteland.
Short and to the point. I completely agree except its already worse much worse than most people could grasp that a rogue group has pilfered its supporters. And were it to get worse from here a new word is needed to describe the larcney.
The KPMA needs your support! The federally run Yukon government is stonewalling all placer activity inDawson City. This region should be booming and filled with activity, considering the price of gold. The tourists complain there are no services and no food in town. The placer miner are family run green businesses that have washed rock and kept the surrounding nature beautiful and plentiful for over past 125 years! They don’t deserve to be treated with such utter contempt.