Millions of new Google engineers

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Not necessarily, just not enough super wealthy people investing and getting a return to offset losses elsewhere
Makes me wonder if that isn't how we managed positive growth under Obama

Our GDP is artificially inflated with housing sales. Prices are slumping right now.

doesn't have to be people, it could be central banks scooping it all up. If you look at the chart I Posted, Mnuchin stepped in with the PPT to "save" markets during that late December sell off and subsequently all the dovish talk from the FED created this rally.

Oh, you mean wagecages. Gotchu.

Looks like stagflation is here.
Global economy is slowing and the best looking horse in the glue factory, the US, is slowing down too.
Hang onto your horses.

Don't believe the hype, there's still plenty of affordable food -- yes, even meat. That said, prices for everything in this country are escalating quickly and the socialist endgame is obvious. 10-15 years down the road we will be well and truly fucked on the scale of Venezuela. Thankfully I have a few acres here in the country and can grow my own food, burn my own firewood etc. but I feel nothing but sorry for Torontonians living in 600 square-foot condos that cost $900,000, paying ever-increasing taxes and fees to support Ahmed and his three wives and eight children. If you're white and living in a big city, escape now

Don't worry, all the skilled immigrants Trudeau wants will create an economic boom.

>BUT MUH RESTAURANTS!

Here in America we are feeling it too, especially with meat. Top round roast used to sell for $6-8 dollars per package, now it's $11 dollars. This increase occurred over the past year at my local food lion.

I'm middle-class by rural standards, so lower-middle by urban standards -- low wages, but low cost of living -- and this is the first year I've actually started worrying about the future as far as money is concerned. I can see myself having to go back to traditional homesteading skills if this keeps up

My parents are retired/debt free, have Pensions and SS. What they thought was a comfortable retirement at the time is now having to budget for Groceries and ever increasing taxes with a dollar that's continually losing value. They aren't poor but they are getting pinched in what they expected would be enough to live comfortably. Unfortunately, this is only going to get worse.

Well, one silver lining -- it might force us to rebuild our shattered communities and form mutual aid groups with our neighbours. We could end up poorer but happier, barring some kind of massive Soviet-style expropriation of land of course

Your crazy president is trying to undermine our sovereignty.

The libs own policies are screwing the poor.
The minimum wage hike in Ontario had the prices of rent sky rocket over night.
Every person on Disability, Welfare, or single moms are so screwed going forward.
Nobody even talks about it.
A legit cripple gets $1400/month while the average price of a 1bdrm is now $1200/m
There are beggars on 50% of the intersections now, mostly older men, over 50, no longer can eat.
If you don't have someone to live with, you are fucked beyond belief. You can't live by your self now, unless you make $25/hour, minimum.
Even that will only leave you 1k for all your other bills and food.
We are slowly becoming bug people

Also the GDP will continue to fall as we don't produce as much and most job creation is service sector related. AKA $14/hour

>this

just make sure you have a shotgun to blast your brains out with before the next phase rolls out

STAGNATION IN FAG NATION

Canada is in a death spiral. The Housing bubble, which has solely driven Canadian gdp, is now collapsing. Construction has now contracted for the 5th month in a row, something not seen since the 1987 crash.

We are entering a period of stagflation -- rampant inflation, especially on food, and flat or negative GDP growth.

The inflationary factors are clearly evident in Canada, where prices have skyrocketed on basic staples to the following levels:

>1kg chicken breast - $30
>1kg steak - $60
>1kg cheese - $60-90
>1 gallon milk - $12-20
>1 loaf of bread $7+
>12 eggs - $8

Public outrage has grown so much that the Canadian government has removed all meat and cheese from the food guide and is recommending mainly cheap carbs and processed foods. Diverse protein sources include crickets and insects.

>What about milk?
No more milk, only water, because most of Canadians are shitskins and lactose intolerant.

This is the future Canada wanted and deserves.

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>Canada's food guide goes 90% Vegan, eliminates meat, dairy, recommends crickets

Here is the "new" Canadian plate

>food-guide.canada.ca/en/

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Also it should be noted that the Bank of Canada uses the Canadian food guide for its trimmed/core/main Consumer Price Index - CPI which is used to measure inflation.

So now chicken, beef, milk and cheese can continue to appreciate in price by 10-20%/year and the CPI basket won't include any of it, just cheap carbs.

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>Here is CBC Kids, the public broadcaster, teaching kids which insects are cool to eat

>cbc.ca/kidscbc2/the-feed/insects-the-new-super-food

>Insects - the new superfood!

>Health benefits
>Insects are a great source of protein and minerals, such as iron, zinc and magnesium. For example: if you eat two silkmoth larvae, you’ll get 10 times more iron than if you eat 100 grams of beef. Also, 100 grams of insects (crickets, beetles, red ants and grasshoppers) contains almost the same amount of protein as meat, but with less fat and fewer calories. Insects can also be good for your immune system. They include a protein called chitin that encourages healthy bacteria to grow in your stomach.

>Who’s eating insects?
Insects are being gobbled up by 80% of the world’s population, specifically by people in Asia, Africa and Latin America. They’re eating over 1,900 different types of insects. In order of popularity:

MOST POPULAR: beetles and caterpillars
NEXT POPULAR: wasps, grasshoppers, locusts, crickets and ants
LEAST POPULAR: termites and flies

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>Pic related

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Yeah buit face it, even when you are right it is actually not such a big deal. We don't live in the 20s of the last century anymore where people actually starve in a recession. The last big recession was 2008. It was not pleasant, I agree, but in my opinion the effects were deeply exaggerated. People earned less for 2-4 years, that's actually all what happened. Don't get me wrong, a recession would suck, but it has not the dramatic effects it used to have anymore. We are too productive through technological progress and so on now.

Here is what chicken breast costs in Canada

>$39

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Here is what some rib eye steak costs in Canada

>$59/kg

By May it will be $65-70/kg

Attached: $59:kg steak.jpg (4032x3024, 3.52M)

Here is what some basic cheeses costs in Canada

>$63/kg

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Here is what milk costs

>$14/gallon

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Here is what one loaf of bread costs

>$6.59+tax

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Eggs cost $1/egg

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>be Canada
>Significant part of economy is just brokerage fees from selling houses to brown and yellow people and the construction they do afterwards

Gee how could this ever become a problem?

In Canada, 2 slices of ham cost $2 at 50% off

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>Yet that very same $30+/kg ham is exported to the USA at $1/kg at huge profits and sold to burgers at $3/kg

>Notice the product of Canada

Attached: $1.49 a lbs ham product of canada.jpg (4032x3024, 3.33M)

Import more chinks and sandniggers, maybe it will help

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Canada's housing bubble is the biggest in the world after China

This is an old chart but canada is up to 170+ now. Canada has the CMHC which is Fannie Mae and Freddie Mac rolled up into one then shot up with crystal meth and carfentanyl. There is $2T worth of mortgage debt alone in Canada, on a GDP of 1.5T and that is shrinking

Attached: canada housing bubble.png (2208x1296, 754K)

>>Here is CBC Kids, the public broadcaster, teaching kids which insects are cool to eat

name of bread lol

Trudeau is already importing your bodybuilding favela gangster trannies

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>Give your kids cricket popsicles

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>hey look at this meaningless chart covering barely 2Qs!

what changed was the expected fed behavior throughout 2019. Please don't use "Forward EPS expectations" as fundamental data.

since when is there famine in Canada?

Your housing bubble is bursting. Going to get worse

It's actually a good deal
Ham is always $2 for 100g, this is 98cents for 70g.
It's 50% off marked price
Never

things might be getting shittier in the EU and US, but at least we aren't canada. god damn hahahah

Yeah I saw this shit, he virtue signal "save the trannies" while bribing officials here so Canadian companies can steal bauxite (aluminum) from br poor locations, a real savior of the oppressed...

see
kek burgers can buy that same identical ham for $1.50 for 454 grams
>product of canada

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I also noticed CDIC is running ads on TV now. Why do they need to do that? Hmmmm.

FUCK LEAFS.

You are getting what you deserve.

Why don't you faggot just virtue signal your way out of the problem?

The EU is not as bad. I would say the US is worst, then canada, then EU. You guys are completely keked.

>CDIC
link to one?

morneau and poloz must be scared of bank runs

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>Canada's economy shrank by 0.1% in December

>Gross domestic product contracted in September, November and now December too

>Canada's economy shrank by 0.1 per cent in December and got smaller in three of the previous four months.

>Statistics Canada reported Friday that the service sector eked out a 0.2 per cent expansion in December, but that was offset by a 0.7 per cent decline in goods-producing industries.

>Manufacturing shrank by 0.7 per cent, its fourth contraction in five months. Construction, meanwhile, shrunk seven months in a row — the first time that has happened in almost three decades.

Construction and housing is crashing. DOTR is upon us

>cbc.ca/news/business/canada-gdp-december-1.5038687

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What's your point? Deli ham is way more than a whole/half ham. Same goes for turkey, chicken and every other deli meat.
Half hams are always $5-6 here, but they are shit. Applewood double smoked ham is awesome, probably $15ish here not on sale.
Just like it was $12 in the US not on sale.
$12 USD = $16 CDN
See, simple

You're literally retarded

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The numbers aren't scary without context.
What makes this scary is that our population has grown from 30mil to 37+mil in since 2000.
Nearly 25% add on to population and we are worse for it. That's scary.
It's become the governments only answer to the problem.
More people = more taxes = more walmarts = more homes to build, etc.
Its like pinching a large wound closed and expecting it to heal.

It's fucking sad.

A large proportion of the soviet food production was from grandmas and grandpas growing food in their country retirement homes and the su calorific intake was higher than the burgerstan one
The Canadian climate is similar to the Russian one
Start looking into how the soviets handled the food thing leafs, before it's too late

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>Canadian
>sorry
kek its true

>How is this possible?
A literal globalist Marxist liberal idiot was elected because weed and proportional representation promise.
Got the weed but the globalists don't want proportional representation. The federal liberals seem more corrupt than the entire Ontario liberal part was.
>What saved Iceland?
Proportional representation.
What are our choices this October?
Liberals who's policies destroy this country
NDP who's policies are completely insane and will further drive business out of Canada, those open boarders same as liberals
CPC who will sell every taxpayer asset they can as quickly as they can, will also let millions of muslims in same as the other three
Every one above will destroy Canada further with their policies. None are conservative in the least. (progressive conservatives PFFFT).
The housing prices driving everything up by way of muslim and asian immigration, none of the above wants to fix the real problem that is costing Canadians our jobs and future, waht to know our future? look and Britain, Sweden and France.
CPC should really have put Max in charge.
Now we have PPC splitting the votes.
There is SO much wrong in this country now.

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nice larp

They will just let more immigrants in and give them and their 9 children welfare (our tax dollars) to boost the housing slump again.....

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I agree it feels larpish.

1 Lb block of butter went from $2.50 to $6.75 practically overnight. Under $5 is considered a deal.
but mediocre no education needed workers are getting $14 a hour.

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It matches up perfectly with the influx of immigration.

I notice how hard it is to find information about this in the mainstream, is this all just a meme?

Even alternate publications have no mention of it, you would think that such massive inflation would be talked about.

Currently the party in Charge controls the media, the other parties differ only slightly, I'm surprised they even covered the current liberal corruption.

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t.

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This is what you get for refusing to minmax

>Take a country's economy.
>Divide by 600,000 more immigrants each year.
>They contribute 0 and take even more in government handouts.
>Add a pittance in jobs.
>Sell all property to China.
>All rent now goes overseas.
>All income now goes overseas.
>Wonder why the economy shrinks.

It reminds me that 80% of the $100 dollar bills in circulation are over seas.

canada is an mi6 narcostate and nothing more