The EU is more dysfunctional than (pick your favourite country/province/state/city). This is why we called it the Economic FantasyLand called Europe. This week Canada will tell you joining the EU is the best thing since sliced bread. To be clear - Canada does not need to join the EU. A trade agreement already exists. Make a new/better one if needed. BUT Canada joining the EU is NOT needed. There's a big difference.

In 2 weeks (and it will be 7 months late), Canada will release their budget. And it will likely show a balanced (OPERATING) budget. The MSM, and propaganda machines will gaslight you into believing the magic. Here's National Bank's accounting for the magic.

@FullScopeWelds @NuggetCapital

Who wants to tell them?

Bond Markets in Crisis! Yields are rising everywhere, and at a RAPID pace. Remember, it's the JOURNEY (not Aerosmith) to higher long-term rates that is important, not the final level. Also remember; rising long-term rates is not only showing a potential developing crisis in bond markets - it's actually a crisis in Governments who issue the bonds. Budgets out of control, results in deficits out of control, which results in more tax revenues needed to pay out of control interest expenses. Which then results in out of control politicians taxing everything under the sun. Yes, it's potentially all getting out of control. Who's first to crack? Maybe it's the French.

@jimiuorio @49ers @brockpurdy13

Loonie Math 260/52 = a very special number for the Babbling Turds, the 3 Amigos, weekly guests and a national audience. 5-Year Anniversary Episode drops today. youtu.be/qEGp-E2jz78?si=J4uq… @SteveSaretsky @RichardDias_CFA