Trump said that DOGE savings would go to pay down the debt - didn't happen
Trump said that Tariffs would go to pay down the debt - didn't happen
Trump said that he wouldn't start any new wars and drive up spending because of it - didn't happen
Trump said that hiss tax plans would be 'debt...
US Federal Government spending on just the interest payments on US debt is it equal to 20% of its total revenue…… Interest payments are now larger than defence spending.
US interest payments are between 3.2 - 4.2% it’s GDP.
For Germany it’s 0.7%. For Japan it’s 2%. For Canada it’s 1.6%...
This report is as of 29 June, so all information is 2.5 months out of date - which means, all information/data is ‘lower’ than what the current information would be.
With that being said:
“Iranian strikes have damaged and destroyed ‘hundreds of buildings and structures’ at US bases in the...
Shame its an inter-connected market place and that diesel (a commodity) will be priced at what the market will bear.
Maybe if Trump figured out how to end the war that he and Bibi started that diesel/oil/nat gas/helium/etc can all start flowing again and supply will start to match demand and...
Some of the Big 5 banks in Canada are stepping up in a very large significant way.
TD & Scotiabank
https://thedeepdive.ca/td-scotiabank-mobilize-250-billion-behind-carney-investment-push/
TD, Scotiabank Mobilize $250 Billion Behind Carney Investment Push
BMO...
LOL
Read a report that the oil gains in selling to the US has more than offset the losses of our other exports. Overall the trade deficit with them will most likely increase in 2026 as a result.
US 10yr bond at 5% this morning.
CAD is falling against USD as a result of the implied US 1/4 rate increase that may occur on Wednesday. This will make CDN exports cheaper to the US and US exports to Canada (and around the world) more expensive, driving up the US trade deficits...
I expect some projects get signed and move along.
I don’t see a number of ‘home runs’ happening. But if a can pull of a triple or two, a couple of stand up doubles and a fair amount of singles, I’d call it a success and start preparing for next years summit.
I’ve not read anywhere, anywhere that talked about ‘membership.’ That is unrealistic and not needed.
Some sort of ‘greater closeness’ can be explored but has not been defined nor discussed. But it should be explored for as I’ve said before, we need options, for options gives us power and greater...
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