- Joined
- Dec 15, 2022
Canada is run by a monopolistic oligarchy. The so called 9 families.
Why would they waste money on trying to improving one of their monopolies output when they can spend less on politicians and get three times the return. A few more protectionist laws, a subsided here and there and blamo! That 6 million you spent "supporting" the next popular fad politician nets you around 120 million in return.
Canada will never become a prosperous nation as long as the current system where rules and regulations favour the creation of monopolies owned by the same families stays in place. These families are not interested in competing on a world wide scale, why would they? They have the local market locked down and free from any competition by law so they can just rape the Canadian populace to their wallets content.
Sure they occasionally have to splurge a few mil here or there to make sure the political class stays obedient but that's small potatoes compared to the benefits they reap from the government hand outs and anti-competition laws.
Every wonder why everything in Canada seems to cost waaaaay more then any other First World nation? It's because the big rich elites have the system locked down and can do as they please, which we all see means raping the Canadian economy until it's broken then getting the tax payers to bail them out so the process can repeat until the countries debit burden is so great no one would dare buy Canada bonds anymore...which at current clown rates of deficit spending is less then 20 years away. Many of you reading this screed today will be around when Canada the country goes bankrupt. Hell Ontario is only a decade or less away but the Feds will probably just bail them out and add the few trillion to the Federal debt. I mean after all when your drowning does a little more rain really make a difference?
Of course never forget all those gold plated COLA Federal pensions that by law have to be paid out in full before any other Federal expenses...funny that the politicians made sure they were safe from just about any crisis huh? Oh well sucks to be you average Canadian tax payer. What were you actually expecting the CPP to be around when you retired? Despite you being forced legally in to paying hundreds of thousands of dollars in to over you lifetime....more the fool you. Those dollars go to the Federal COLA pensions and will be long gone before they ever drip down to your plebeian ass. Hope you learn to like the taste of dog food in your autumn years!
This is why I think Canada will never change without some sort of rebellion. The elites own the political class outright and thus the status quo will never be challenged. Sure it's a small pond compared to the US's vast wealth but it's THEIR pond....all of it, every last cent is their to take by rule of Federal Law.
So when you see that Canadian business have the lowest investment rates in the First World now you know why. It's just not necessary for them to invest anything to be able to compete, they compete in the government arena by seeing who can milk the most taxpayer dollars from the system while promoting rules that basically forbid any outside competition. That's the extent of their investment in the Canadian economy and always will be.
Your a serf, you just don't know it yet but I'd advise you to come to terms with it if your staying in Canada for the long haul.


