Well, my advice today -if you're looking for some- would be to take a serious look at your mortgage. If you haven't already, lock that sucker down for a good long time. The Bank of Canada has slashed rates to an unimaginable 0.25% and they say they will likely leave it there for a year, since inflation is anticipated to remain below 2%. Sure...okay.
Don't buy that horseshit for a minute. Inflation will stay low only as long as those retards in Ottawa can keep their hands off the printing presses. Since there is now no other way to ease money, buying ink and paper manufacturers stock would be a shrewd investment. Furthermore, the banks could pay consumers to borrow money and it still would not make a lick of difference since consumers are either in enough trouble with debt and reluctant to shoulder more or, are in an excellent cash position and just waiting to 'rescue' all those poor saps when they're down and out and worth ten cents on the dollar. I am really looking forward to garage sale season this year - my goal is nabbing a big screen for under 200 clams. Whatever the case, people are not buying because we either have enough shit as it is or we feel a big fire sale coming on.
Easy money won't last for long. As the world economies keep sucking on the money teats to finance social spending bullshit, you can bet your ass as players get crowded out, interest rates will rise - sharply.
Think happy thoughts!
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