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Monday, May 06, 2024 3:02:40 PM
But I would consider the worst case scenario simply because the world is moving away from reliance and relationships with America and the west these years. So the decisions made and the leadership in the upcoming months ahead will further impact our foreign trade, developments, relationships and thus our economy. The U.S and Canada are up for an economic disaster and the cards and data are on the table for those able to see.
I'm hoping for the best too, but that's just wishful thinking. A lot of domestic money is leaving Canada and the U.S as of 2020. Germany lost some big corporations to China and India this past year due to stupid taxes and stupid policies... Greed has gotten the best of our sh!tty leaders and while their pockets are being lined for the looming economic strife ahead, ours likely are not. So be very careful in how much weight of importance you give blindly to stats and figures of estimated output. In the past, those were great indicators of future performance. But BRICS is going to make sweeping changes in the years ahead... does it mean our economy comes to a halt, of course not, but it means whatever markets are over-saturated would likely suffer... Supply & Demand... For example, too much immigration, not enough jobs & lower productivity? Okay, lower the cost of labor... Some will survive, many will suffer... I noticed the biggest slow down in my business and amongst my peers in the past few months... it's frustrating and infuriating to see the cr@ckhea!ds in power
Normally, we come out of these up and down trends like repetitive cycles... the difference today is, the downtrend will be a big one in this particular cycle... commodities is our best option these days.
The West has been engaged in a lot of deceitful practices of pillaging & destabilizng other nations to line their own pockets... As the Hindus would say, the Karma is coming lol...
I've been watching this ticker too, I stayed away from the market all winter focused on other things, stepped away since the end of 2021 over all because it's become a gamble...
Let's hope you guys are right on this one.
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