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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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25197506 No.25197506 [Reply] [Original]

>government hands out 24k to almost every pleb in the country
>pleb doesn't even consider the economic consequences, just sees muh free money
>either blows it all on bullshit products they don't need, or poorfag gives it to landlord to be able to survive
>400% increase in money supply
>that money is now in the hands of corporations or landlords

The canadian dollar is fucked bros. I'm unironically all in on bitcoin

>> No.25197547

Hands out CERB payments (funded by our taxes) like candy.
Taxes you on your taxes.

Thanks Trudeau!

>> No.25197632

>>25197506
I lived in Toronto years ago (not Canadian and I don't anymore) and I already felt food prices were pretty ridiculous... I'm wincing imagining how it's now worse and where it's going.

>> No.25197648
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25197648

Don't forget we sold all our gold reserves to China.

>> No.25197707
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25197707

>>25197506
Good man. Now all you need is to get your PAL and RPAL. You can find more info on /k/, just find cangen.
Remember, the jew fears the Goose Hydra

>> No.25197727

Where are you getting 24k from? I didn't take a cent from the govt this year.

>> No.25197744
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25197744

>>25197506
Just post the in store prices and there will be an end to the horror

>> No.25197848

>>25197506
so enough for about 100 steaks then

>> No.25197859

>>25197727
CERB and CRB?

>> No.25197892

>>25197506
Your statements are empirically false. The dollar is fucked mainly due to oil price war. But whatever fits your narrative. CERB gives pale in comparison to what the banks were handed. Kike in disguise

>> No.25197994
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25197994

>>25197892
so your saying m0 money supply exponentially increasing isn't a factor? kys

>> No.25198013

>>25197892
>t. keynes

>> No.25198045

i got 14k from the cerb and put it all into bitcoin during summer, actually comfy

>> No.25198050

>>25197859
Oh I actually still have a job so I wouldn't use that. They are already forcing people to give the money back because the govt is retarded and gave it away no questions asked at the beginning of this shit

>> No.25198072

>>25197506
all part of the plan to roll canada into a debt forgivness program with the IMF and move them on to an SDR ratio.

>> No.25198090

All white leafs need to buy silver, gold, and bitcoin.
All chink and sand nigger leafs need to die.

>> No.25198097

>>25198072
enjoy the great reset beta test legit sharing centrally planned economy and hardcore communism

>> No.25198098

>>25198050
true but the eligibility criteria was bullshit. my teenaged sister who worked 1 or 2 shifts a week at a fast food joint while going to hs got laid off and qualified

>> No.25198167

>>25197506
poorfags lose again, savers got btfo

>> No.25198191

Canada is a scam country from top to below. They scam immigrants to come there and bring their life saving while they know there is not enough job even for people already there and meanwhile to sustain the housing bubble. All of my friends who immigrated or studied there moved out to the US asap got their passport.

Also it has a shitty weather with tasteless and expensive foods.

>> No.25198270

>>25198072
This nig gets it, Canada is the globalists experiment. They are the most progressive, resource rich undeveloped 'developed' country. Its why theyre frens with china. Aus is second. But theyre more belligerent and its too hot.

>> No.25198372

https://www.cbc.ca/amp/1.5855267?__twitter_impression=true

kek its already happening

>> No.25198477

>>25197994
Im saying you shouldnt discuss economic policy when you make such absurd and narrow conclusions.
>>25198097
Muh reset, you're just a brainwashed dog incapable of abstraction beyond a perfectly coordinated and anonymous shadowy elite class. COVID conspiracies will be the biggest nothingburger of this decade

>> No.25198505

>>25197506
Kicking myself for not buying earlier in the year. I’ve still got all the money sitting there losing purchasing power. Like $18,000 liquid.

>> No.25198510

>>25198477
ok so enlighten this retard then. whats going to happen to the canadian dollar within the next year

>> No.25198527

>>25198505
start DCA'ing now bro. this shit is going to get a lot worse before it gets better