Quote:
Originally Posted by MolsonExport
Great post.
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Carney has failed miserably in each of his roles. He is an underperformer with fancy job titles.
He lit the fuse for the Canadian housing bubble by introducing quantitative easing into our economy. Your kids have Carney to thank for possibly never being able to buy a house.
He then took this exact same monetary philosophy to the UK, printed an ungodly amount of money, and watched the UK's economy fail to grow for 7 years. Shortly after he left they started to grow again.
Then he joined Briokfield as their head of investments and under his guidance saw Brookfield fail to make profit in one of the greatest bull markets of all time the past 2 years.
Finally, he teamed up with Trudeau, recommending fiscal policy since 2020, culminating in the largest deficits our country has ever had, and the highest inflation since the 70s.
He is a smooth talking snake and would be an absolute disaster for Canada, far worse than Trudeau.
Freeland annoys me to no-end but is relatively benign. But Carney scares the hell out of me - people like him are extremely dangerous.