The economic troubles are immigration. What happens is you have QE and 0% interest rates, to deal with Covid, then you have a labor shortage and “quiet quitting”; as per the phillips curve in economics where inflation and employment are inversely coorelated. Then you have mass immigration to fill the temporary QE induced labor shortage. Then you have the BoC raising interest rates, even more so than expected given Trumps tariffs. Then you have a reversion to the mean for employment, and a lot more workers that can no longer be absorbed.
So its all excess immigration. We arent meant to drastically distort the market like this to fill temporary lulls or highs in the economy, to hide falling GDP growth and then losing the election. I’m not a mustached villain, I simply have a single mom sister who can barely get by as an education assistant and think what we did is despicable.
The economic troubles are immigration. What happens is you have QE and 0% interest rates, to deal with Covid, then you have a labor shortage and “quiet quitting”; as per the phillips curve in economics where inflation and employment are inversely coorelated. Then you have mass immigration to fill the temporary QE induced labor shortage. Then you have the BoC raising interest rates, even more so than expected given Trumps tariffs. Then you have a reversion to the mean for employment, and a lot more workers that can no longer be absorbed.
So its all excess immigration. We arent meant to drastically distort the market like this to fill temporary lulls or highs in the economy, to hide falling GDP growth and then losing the election. I’m not a mustached villain, I simply have a single mom sister who can barely get by as an education assistant and think what we did is despicable.