4 ms·

Canada becomes more of a joke with each passing day. The government has managed to create an economy predominantly dependent on a real estate bubble driven by

Canada becomes more of a joke with each passing day. The government has managed to create an economy predominantly dependent on a real estate bubble driven by money laundering and capital flight/money parking from China. Simultaneously suppressing wages by increasing the population by 2% per year via trivial immigration requirements and student visas for Indian nationals that lead to PR status and allows full time work with government subsidies for the employer for not hiring Caucasians. All of this in the name of allegedly compensating for young Canadians not having children to pay into the ponzi that is the CPP etc. Somehow making children less affordable is supposed to fix this. Downvoting this doesn’t make it any less true. Even the mainstream media in the country is starting to realize they won’t get skewered for saying so.

ajsnigrutin 3y ago
The housing crisis is becoming global... somehow no country and no largeish city is spared (and sometimes not even smaller cities in smaller and shittier countries). It's interestig how we're building a critical mass of people who are getting their calculations of future retirement income (social security or whatever), see the number they'll get when they retire, see the rent price and instantly become a member of "nothing left to lose" group... basically the most dangerous group for anyone who'll be blamed for any crisis... Regarding canada specifically... I personally found it funny, how they called all the 'freedom truckers' nazis, and then cheered an actual nazi in the parliament... I mean... WWII is not some obscure thing that noone knows anything about, it doesn't take a lot of history knowledge to put two and two together to at last cast some questions about the side the guy was on. On the other hand, canada has some history with nazism and importing nazis after the war, but they managed to keep that pretty quiet.
- TheLoafOfBread 3y ago
  Well, except Japan. And it is not because old people are dying, but because it is easy to build there.
aprilthird2021 3y ago
I think a lot of these decisions are bad, but the real problem of declining, aging population is there. Governments that don't have immigration to bolster the working age population end up like Japan, with an economy that shrinks after a boom and never returns. The problem of what to do with a shrinking, aging population, and governments, economies, etc. which are not built for declines in growth is something no one has solved yet. And the problem needs to be addressed somehow. If people don't want to have kids, these kinds of policies will keep coming because the problem isn't going away
- transcriptase 3y ago
  I’m not convinced of the premise that the population of a given nation needs to always be growing to remain functional. It’s illogical in the purest sense, and if the systems in place rely on infinite growth then the systems are not sustainable and need to be reconsidered. A society shouldn’t be shoehorned into a lower quality of life under the assumption that infinite growth is not only possible but necessary, simply because the constituents of the S&P 500 operate under that assumption.
  - aprilthird2021 3y ago
    Most of the things government provide (like infrastructure) are built to accommodate a certain number of people. The costs of these things don't decrease as population shrinks. So logically the tax burden will be high per capita as it gets spread across less people and cannot realistically be shrunk (because infrastructure maintenance still costs the same even if less people use it).

ajsnigrutin 3y ago

The housing crisis is becoming global... somehow no country and no largeish city is spared (and sometimes not even smaller cities in smaller and shittier countries). It's interestig how we're building a critical mass of people who are getting their calculations of future retirement income (social security or whatever), see the number they'll get when they retire, see the rent price and instantly become a member of "nothing left to lose" group... basically the most dangerous group for anyone who'll be blamed for any crisis... Regarding canada specifically... I personally found it funny, how they called all the 'freedom truckers' nazis, and then cheered an actual nazi in the parliament... I mean... WWII is not some obscure thing that noone knows anything about, it doesn't take a lot of history knowledge to put two and two together to at last cast some questions about the side the guy was on. On the other hand, canada has some history with nazism and importing nazis after the war, but they managed to keep that pretty quiet.

TheLoafOfBread 3y ago
Well, except Japan. And it is not because old people are dying, but because it is easy to build there.

aprilthird2021 3y ago

I think a lot of these decisions are bad, but the real problem of declining, aging population is there. Governments that don't have immigration to bolster the working age population end up like Japan, with an economy that shrinks after a boom and never returns. The problem of what to do with a shrinking, aging population, and governments, economies, etc. which are not built for declines in growth is something no one has solved yet. And the problem needs to be addressed somehow. If people don't want to have kids, these kinds of policies will keep coming because the problem isn't going away

transcriptase 3y ago
I’m not convinced of the premise that the population of a given nation needs to always be growing to remain functional. It’s illogical in the purest sense, and if the systems in place rely on infinite growth then the systems are not sustainable and need to be reconsidered. A society shouldn’t be shoehorned into a lower quality of life under the assumption that infinite growth is not only possible but necessary, simply because the constituents of the S&P 500 operate under that assumption.
- aprilthird2021 3y ago
  Most of the things government provide (like infrastructure) are built to accommodate a certain number of people. The costs of these things don't decrease as population shrinks. So logically the tax burden will be high per capita as it gets spread across less people and cannot realistically be shrunk (because infrastructure maintenance still costs the same even if less people use it).