Category Archives: Government

The Coming Retirement Burden

The Coming Retirement Burden This is a US article but the message and facts equally apply to Canadians.  CPP is, for the most part, a pay-as-you-go wealth distribution scheme, meaning your CPP deductions are simply transferred to a current retiree in … Continue reading

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Should We Worry About Rising Interest Rates?

Should We Worry About Rising Interest Rates? The math of bonds is as follows:  When interest rates go down (like they have now for such a long period) bond prices rise and investors can enjoy capital gains in addition to … Continue reading

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Sponging Boomers

Sponging Boomers  This is a fantastic article. A reconciliation of economic realities and unsustainable government promises has barely begun; but it most certainly has started and will inevitably continue.  Make no mistake about it – it will happen. How this … Continue reading

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Making no cents

Making no cents Of all the articles I saw describing the Canadian Mint ceasing the production of pennies, I was surprised to see inflation was not mentioned anywhere.  It took 52 days and a UK publication to report on this … Continue reading

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Raiding the Coffers

Raiding the Coffers Hard to make sense of this, but what is described in this article makes my head spin. It is so backwards and ridiculous that you may need to read this more than once for it to fully sink … Continue reading

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Americans don’t really want spending cuts

Americans don’t really want spending cuts Although this is a US article talking about American attitudes, I would argue Canadians feel exactly the same way.  As I wrote about this past summer, governments everywhere have promised more than can be … Continue reading

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Lessons From Canada’s Basket Case Moment

Lessons From Canada’s Basket Case Moment I think this is particularly interesting because Canadians all seem to believe their country is immune to the financial realities faced by other nations.  Also, timely because Germany just experienced a similar lack of … Continue reading

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