As the USA has been slowly morphing into a socialist republic, its economic health has shifted from robust to life-support. These progressive economic movements are paralleled in Canada and are accelerated under Trudeau.
So what do you do when insane maniacs hold the reins of the economy? You leave. Alberta and Saskatchewan need to join forces and leave Canada (and any conservative minded US States that wish to join us), to save ourselves from the coming currency crisis and potential depression. It will be a hard adjustment for us but it is necessary for our children.
(Kitco News) - The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don't raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.
"How does [the Fed] fight that inflation without bankrupting the U.S. government? The answer is it can't. My thinking is, if it can't fight inflation without bankrupting the U.S. government, it won't fight the inflation, which means it bankrupts the public because it destroys the value of the dollar," Schiff said.
Peter Schiff: Fed is trapped; will either bankrupt the government or the American people