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Net Zero: a failure for climate change mitigation

Net Zero: a failure for climate change mitigation

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Canada’s Debt Spiral

Canada’s Debt Spiral Living beyond our means requires us to borrow money to cover the difference between our income and our spending. Many Canadians now understand the financial consequences of this practice and regret the choices they’ve made. Unfortunately, Prime Minister Trudeau is not one of them, as evidenced by his government’s budget deficits which […]

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Rising Debt + Rising Rates

Rising Debt + Rising Rates Have they all lost their collective minds? Look I get that some people are leaning Democrat versus Republican and vice versa and that’s fine, but what exactly are voters getting? If, on the one hand, you think Democrats tax and spend too much you get Republicans on the other hand […]

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“The Cost Is Very High”: Portugal Taxpayers Face €3 Billion Loss After Second Bank Bailout In 2 Years

“The Cost Is Very High”: Portugal Taxpayers Face €3 Billion Loss After Second Bank Bailout In 2 Years Back in August of 2014, Portugal had an idea. Lisbon would use some €5 billion from the country’s Resolution Fund to shore up (read: bailout) Portugal’s second largest bank by assets, Banco Espirito Santo. The idea, basically, […]

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“No Recovery For You!” Brazil Officially Enters Recession, Goldman Calls Numbers “Disquieting”

“No Recovery For You!” Brazil Officially Enters Recession, Goldman Calls Numbers “Disquieting” Well, you know what they say: when it rains it pours, especially when you’re the poster child for an epic emerging market unwind and you’re suffering through the worst stagflation in over a decade while trying to clean up the feces ahead of the summer Olympics.. or […]

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The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe

The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe The President of France has come up with a very creative way of solving the European debt crisis.  On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing […]

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Prospect of deficit threatens Conservative government’s best laid plans | Toronto Star

Prospect of deficit threatens Conservative government’s best laid plans | Toronto Star. TTAWA—Prime Minister Stephen Harper’s government faces a roller-coaster ride in the coming months as it tries to balance Ottawa’s books and implement a lavish program of family-oriented tax cuts and spending in advance of an election. The Conservatives have been saying 2015 will […]

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Fitch Downgrades Ontario Long-Term Debt, Notes Risks On Path To Balanced Budget

Fitch Downgrades Ontario Long-Term Debt, Notes Risks On Path To Balanced Budget. TORONTO – Fitch Ratings downgraded Ontario’s long-term debt rating Friday, highlighting “risks” on the path to the Liberal government’s target of balancing the budget by 2017-18. The rating agency cut its long-term issuer default rating to AA- from AA, saying “difficult actions” will […]

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MYEFO: Budget deficit forecast for 2014-15 increases $10 billion to $40.4 billion – ABC News (Australian Broadcasting Corporation)

MYEFO: Budget deficit forecast for 2014-15 increases $10 billion to $40.4 billion – ABC News (Australian Broadcasting Corporation). The Federal Government says it is “on the right track” to put the budget back in the black in 2019-20. It means the budget would return to surplus in a third term of a Coalition government. The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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