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Economics-Made-Easy  

Low interest rates: Beware

Jan 15, 2016 / 6:00 am
Artificially Low Interest Rates, part 2 In my last article, I wrote about the ways that government intervention and central bankers have artificially suppressed global interest rates below their natural free market levels. This has significantly punished the savers of the world, as the...

Artificially low interest rates

Dec 4, 2015 / 6:00 am
We presently live in an environment of global artificially-low interest rates. What does this mean? Well, governments and central banks around the world are actively engaging in the bond markets to suppress interest rates below where the free market equilibrium would have these rates...

Stock market not the worry

Sep 4, 2015 / 5:00 am
Three weeks ago, I penned a column, It’s Later Than You Think, to discuss what I felt was a significant economic event likely to occur before the end of this calendar year. It appears that things are moving faster than I expected, as the unwinding of our global financial system is underway...

It's later than you think

Aug 7, 2015 / 5:00 am
I’ve been writing about the potential for an upcoming financial crash for the past two and a half years. It would appear that we are closer than ever to this event; we may even experience it before year end. On Monday of this week China experienced its second largest stock market crash in...

Economic ecosystems

Jun 26, 2015 / 5:00 am
I’m continually taken aback and appalled by government’s complete lack of understanding of markets and business in general. This is only exceeded by my shock and bewilderment of government’s misguided belief that they can grow an economy and create jobs. You hear it all the time...

Parking meter conundrum

Apr 17, 2015 / 5:00 am
Two days ago I drove downtown for a business meeting. When I returned to my car I had a parking ticket on my windshield. Being the critical thinker that I am, I began to mentally dissect the mythology behind the parking meter. Roads, streets, sidewalks, parking meters, street lights are all paid...

Have a heart

Feb 20, 2015 / 5:00 am
Last week I walked by the Have a Heart Radiothon in the Orchard Park Mall. The goal of the radiothon was to raise funds for the pediatric ward at the Kelowna Hospital. Tears filled my eyes as I listened to the heart wrenching stories. At the same time my spirit was elevated as I witnessed over...
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New boss same as the old boss

Jan 23, 2015 / 5:00 am
So Kelowna has selected a new city council and we can look forward to “change”. It amazes me how politicians cling to the word change when they are conducting election campaigns. Politics is as distant from the word “change” as the Mafia is from the word “peace”....

America has fallen

Jan 9, 2015 / 5:00 am
It is quite surprising that main stream media has paid little attention to this fact, but as of December 4th of 2014 the US economy is no longer the largest economy in the world. The title of “World’s Leading Economic Powerhouse” now belongs to China. Not since the presidency of...

Long live gold

Nov 28, 2014 / 5:00 am
There is a little known landmark decision coming up in Switzerland on November 30th of this year which could affect the currency market around the globe. It could actually turn the financial world on its head. The people of Switzerland (notice I said people, not government or central bank, but...

Got currency broker?

Nov 14, 2014 / 5:00 am
This week I want to talk about the incredible volatility that we have seen in the currency market over the past few months. The reason that we are seeing such drastic moves in the currency market is because we are presently in the midst of a global currency war. I have written about this in a past...

A wolf in sheep's clothing

Oct 31, 2014 / 6:00 am
The murder of Nathan Cirillo in Ottawa on October 22nd was a heart breaking tragedy for this soldier, his family and humanity in general. It’s hard to believe, but there is an even greater tragedy that has come from the death of this innocent person: and that is the disgusting way that...

Hidden inflation

Oct 17, 2014 / 5:00 am
I’ve addressed inflation many times before in this column, but today I want to look at a little more camouflaged form of inflation. Twenty years ago I bought my first investment property in Calgary. At that time durable goods (items that have a life expectancy in excess of three years i.e.:...

Impeach Christy Clark

Sep 19, 2014 / 5:00 am
So it looks like we are finally coming to the end of the government’s bullying of our teachers and our children as B.C. schools are poised to open next week. Without a doubt this has been handled in the worst way possible. But as I always say, if you want something screwed up, managed...

Show me the money

Jul 25, 2014 / 5:00 am
I’ve been monitoring the provincial school teachers strike quite closely and am surprised by the fact that one of the questions on the forefront of my mind seems to be absent from others. My concern is that the B.C. taxpayer, regardless of whether they have children in the public school...

Patriotism = Blind Faith

Jun 27, 2014 / 5:00 am
So once again the patriotic holiday season is upon us in Canada and the U.S. with Canada Day and Independence Day on the horizon. For the past couple of years I’ve been finding myself questioning why everybody is getting so gosh darned excited on these two days. What’s up with this...

Government shuns education

May 30, 2014 / 5:00 am
So here we go again, our teachers in District 23 will be invoking strike action once again on Monday. Even with all of the money that is stolen from us by government through taxation, (see my last article) government refuses to channel a sufficient amount of those funds taken at gun point towards...

A day in the life of a Cdn taxpayer

May 2, 2014 / 5:00 am
I awoke this morning hoping that it was simply a nightmare. Unfortunately it was no nightmare…it’s real…it’s Tax Time! Realistically if you eat, sleep, breath or simply have a pulse in this country, it's Tax Time 365 days of the year. Ninety-seven years ago Prime...

Canada should mind its own beeswax

Mar 21, 2014 / 5:00 am
I’m not sure if you are up to date on what is going on in the Ukraine, but here’s a quick break down. Crimea, which is an autonomous republic in the southern region of the Ukraine, has elected a new government and has held a referendum which resulted in the people wanting to join the...

Government: the most organized crime

Feb 21, 2014 / 5:00 am
Two weeks ago I was drinking a morning coffee in Calgary whilst reading the Calgary Herald. I nearly choked when I read an article that stated Alberta Premier Alison Redford had spent $45,000 of the Alberta taxpayer’s money on a five day trip to South Africa to attend Nelson Mandela’s...

The Emperor has no clothes

Feb 7, 2014 / 5:00 am
I have written about inflation vs deflation in a previous article (Deflation: Friend or Foe) , however I feel it warrants addressing again as our economically-challenged Bank of Canada Governor Stephen Poloz is once again arguing the merits of an economy that must sustain inflation. Bankers,...

War is over

Dec 27, 2013 / 5:00 am
I feel like Tom Cruise in Jerry Maguire when he writes his mission statement. I have one hundred things on my desk and about 15 minutes to write this article before the cutoff deadline. Here goes. If I could only choose one thing from my Christmas Wish List it would be without a doubt to abolish...

Canada: The 51st State

Nov 29, 2013 / 5:00 am
As goes the US, so goes Canada. When the US decided, as incorrect as it was, to invade Afghanistan; Canada followed suite. When American unilaterally decided to bomb Libya, the Canadian lap dog blindly followed. When the US government decided to bailout failing auto company GM, after all fascism...

Practice safe banking

Oct 4, 2013 / 5:00 am
We live in a world of duplicity and hypocrisy. We bomb countries to teach the lesson not to be violent. The most deadly and violent government is the one who polices the globe to pursue “peace.” We are told that useless pieces of paper have value, while real money (gold and silver) are...

When will it end? Part 2

Sep 20, 2013 / 5:00 am
I want to continue on from where I left off with my last column regarding Syria. For the moment things have calmed down on the campaign to bomb the hell out of Syria. I am extremely thankful for this. However I fear that this is just the calm before the storm. If you look up the definition of...

When will it end?

Sep 6, 2013 / 5:00 am
I’ve stated many times in previous articles that politics and economics are far from separate entities. Sadly, it looks like Barack Hussein-War Lord-Obama is hell bent on starting another illegal slaughter of the next nation on the list of seven countries. (Iraq, Syria, Lebanon, Libya,...

Something rotten in the State of Denmark

Jun 14, 2013 / 5:00 am
As I have stated before, in the present world politics and economics are sadly not mutually exclusive. I had intended to write about the ubiquitous presence of taxation in our lives. However, the serpent-like move of Christie Clarke has left me with no choice but to write about her sleazy usurping...

Don't vote

May 3, 2013 / 5:00 am
I really dislike those sayings that start off with, “There are two types of people in this world…..” There are obviously many types of people in this world. Having said that, there is one of these phrases that I do agree with. Here it is. “There are two types of people in...

Canada is the next Cyprus

Apr 19, 2013 / 5:00 am
In my last article I wrote about the citizens of Cyprus having a proposed percentage of their bank deposits stolen from them by the government and the banks to recapitalize the banking system. This initial proposal failed to pass in a government vote. Thank goodness……I think. I also...

Banking disaster

Mar 22, 2013 / 5:00 am
You may not have heard this as main stream media has tried to bury the story, but after markets closed last Friday the European Central Bank, the European Commission and the International Monetary Fund (all elitist scum) tried to impose overt thievery against the people of Cyprus. To assist with a...

Hidden secrets of money

Mar 8, 2013 / 5:00 am
I’ve been traveling of late and have not had time to put pen to paper for this weeks’ column. However, I have contacted Mike Maloney and he has given me permission to post his latest production, “Hidden Secrets of Money: Currency vs. Money.” This is a 26-minute...

You're poorer than you think

Feb 22, 2013 / 5:00 am
So the Liberal Party has just tabled a budget that will dig deeper into our pockets making us all poorer. The budget includes a 1% increase to the provinces’ corporate income tax starting April 1st of this year. In addition we will see a 4% increase to MSP premiums as of Jan. 1, 2014. And...

Impending housing crash

Feb 8, 2013 / 5:00 am
This is my first column of the New Year and I wish I could start with some happy news. Just check out the Internet or other sources of information, there are plenty of good news stories out there. People are doing amazing things for mankind and the planet we inhabit. However, because this is an...

Debt slave Part 2: Mortgages

Dec 14, 2012 / 5:00 am
In my last article I briefly spoke about the debt enslavement of mortgages. I would like to dig deeper into this sleight of hand and reveal the truth behind the curtain. Throughout the globe all banks work on what is called a Fractional Reserve Banking System. What this means is that a fraction...

Debt slave: Part 1

Nov 2, 2012 / 5:00 am
This will likely be the most important article that I have written to date. I believe that if we polled most people in Canada they would agree that slavery of any form is repugnant. Yet the vast majority of Canadians willingly adorn the shackles of debt slavery on a daily basis. In the second...

Got gold?

Oct 5, 2012 / 5:00 am
Three years ago I sat in a financial advisor's office at one of the banks and he proceeded to sing the praises of the latest mutual fund that a few of his buddies in Toronto had concocted. He highly recommended that I invest in this fund. I wanted to get some insight into this advisor so I...

End game for Europe

Sep 21, 2012 / 5:00 am
Last week the European Central Bank (ECB) made the decision to purchase unlimited government bonds in the secondary markets. Of course the European Commission and the International Monetary Fund (IMF) will play a significant role in this bail out. This is being touted as a godsend as Spain is now...

This will end badly

Aug 23, 2012 / 5:00 am
This week I would like to provide you with some graphs and a short video clip to further illustrate the point that I’ve been making since I started this column. Below we have a chart of the US deficit indicating the point in time when Obama came into office in February of 2009. Mr. Obama...

Things that make you go...hmmm?

Jul 12, 2012 / 5:00 am
I recently stumbled across an old picture that I had taken during the 1988 Winter Olympics in Calgary. In the background of this picture is a Shell gas station with the price of gas posted at $0.33/L. (Of course the economist in me got to thinking.) If we look back to the national average single...

Currency wars

Jun 14, 2012 / 7:00 am
As avid students of global economics, I know the readers of this column will be quite familiar with the term “Currency Wars”. However, for those who are new to this economic occurrence, I feel it is extremely important to define and discuss this event which is initiated by governments....
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The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet does not warrant the contents.




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