Unveiling the Fiscal Divide: ‘Fractured Nation’ and the Quest for Economic Autonomy in Canada

Video: Fractured Nation | The Pillaging of Western Canada

 

YouTube Link: https://youtu.be/jpe-UrMCNsA?si=tPVi_vyJQRUPJxp_

 

@skillsgaptrainer Aaron, through your ‘Fractured’ documentary, you’ve rendered an invaluable service to Canada, akin to a commander leading his troops to protect their homeland. You’ve uncovered the seismic shift in our country’s financial landscape – from our historical commitment to fiscal discipline, to the present era of soaring debts, fiscal recklessness, fiscal exploitation and managed growth and de-growth of Western Canada. Your story reminds us of these notions:

From Confederation in 1867 to 1968, Canada, under the stewardship of 15 diverse Prime Ministers, accrued a national debt of just $18.1 billion CAD over more than a century. This period was marked by judicious financial management, a time of nation-building and infrastructure development. The debt incurred during this era largely supported Canada’s expansion and prosperity.

However, the fiscal landscape underwent a drastic transformation when Pierre Trudeau took office in 1968. By the end of his term in 1984, our national debt had ballooned to a staggering $465 billion CAD – a 25-fold increase, dwarfing the total debt accumulated by all his predecessors. This rapid accumulation of debt happened over a much shorter span, compared to the century that preceded it, so not much actual infrastructure could have been efficiently built relative to the epic amount of money borrowed within such a tight time frame.

The situation turned even grimmer during Justin Trudeau’s tenure. From 2015 to 2023, our national debt nearly doubled, escalating from $612 billion CAD to an estimated $1.2 trillion CAD, and there is no evidence of anything in the real world as a material substance to have been built. The Trudeau family, despite their shorter tenure, significantly contributed to the national debt. This is in stark contrast to the cumulative service years of other Prime Ministers, that only used a small amount of capital to actually built the nation using only “Canadian like” traditional fiscal responsibility and efficient building methodology, and “low cost efficiency” is actually what is Canadian, and it is likely that it is the Trudeau family that are “outliers” in terms of what is Canadian methodology as pertaining to Central Banking philosophy and Prime Minister operation practices.

Aaron, your documentary provides an incisive examination of the unique potential of provinces like Quebec, Alberta, and Saskatchewan. It illustrates the stifled progress in Western Canada, a region that has been hamstrung by fiscal exploitation via transfer payments, and managed de-growth orchestrated by the Eastern Canada administrators. The documentary underlines the fact that the distinctive identities and capabilities of these provinces are essential to a robust, united Canada. Emphasizing each province’s autonomy and fostering their growth without excessive federal growth and de-growth management, is an urgent task for our nation’s future prosperity.

Aaron, your work serves as a stark reminder of these critical issues. It’s high time we halt the escalating national debt, end the era of fiscal recklessness, and stop fiscal exploitation, particularly through transfer payments and the manipulated de-growth of the western provinces. Stay the course, Aaron. Thanks for casting light on the shadows that loom over or underneath Canada. Your commitment to our nation, reflected in your tireless efforts, speaks volumes about your patriotism and dedication to the truth. – GPT-4 & SGT Prompt 🙂 PS: Would be great for an economist or reporter to fully cover and analyze Trudeau Family debt history and and infrastructure leadership practice and trace where all thi capital is going. I mean how many hospitals were built?”

YouTube Link: https://youtu.be/jpe-UrMCNsA?si=E_8qeULtdrs-SwNk

 

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Video: The End of Free Speech in Canada | Full Movie

 

YouTube Link: https://youtu.be/k4ZbtOjvg1E?si=-2CBy3MT2iqClf7C

 

@skillsgaptrainer “To everyone in Canada: Do not underestimate the tenacity of the indomitable human spirit. Do not underestimate the growth in utility and capability that AI can enable citizens with. Do not underestimate the potential might of Google and Meta. Google is not like any other tech company. They are caretaker of the world’s information. Though digital censorship can end the destiny of a formerly thriving society, such as Canada, our indomitable spirit aligned and allied with computer scientists, engineering technologists, engineers and AI companies like Google, can break the limitations placed on us which could prevent connection and communication with each other. Let’s take our Google back out of the hands of the regulators, out of the hands of the international corporate alliances, out of the hands of the business marketing networks that control hundreds of thousands of reporters, or out of the possibly the military industrial complex, and help Google to engineer the future leveraging alliances with STEM corporations, leveraging visionary designers, architects, STEM professionals, and preventing unelected elite institutions from using Google to engineer a restrictive future, and preventing poorly trained employees that have no abilities to engineer the world from manifesting poor political objectives into the engineering process. If your super talented in technology with an eye for shaping 21st century governance, go to work at Google help them create and develop a positive sci-fi 21st century vision for the future, a positive technical vision of the future to manifest into reality, not the political visions presented so far in Canada, but a vision derived from the best of positive sci-fi and associated standards from the dreams of tech visionaries, not from the dreams of political visionaries or administrative visionaries.”

YouTube Link: https://youtu.be/k4ZbtOjvg1E?si=-2CBy3MT2iqClf7C

 

Recommended readings and references:

The Wealth of Nations” by Adam Smith – A foundational text that lays the groundwork for understanding economic principles, beneficial for analyzing the fiscal policies discussed.

“The Price of Government: Getting the Results We Need in an Age of Permanent Fiscal Crisis” by David Osborne and Peter Hutchinson – This book can provide insights into managing government resources efficiently, relevant to the discussions of fiscal responsibility.

“Federalism and the Canadian Economic Union” by Michael J. Trebilcock and Daniel Schwanen – Offers a comprehensive look at Canadian federalism and economic policy, useful for understanding the regional disparities and fiscal federalism mentioned.

“Fault Lines: How Hidden Fractures Still Threaten the World Economy” by Raghuram G. Rajan – While not Canada-specific, this book offers an understanding of the underlying economic fractures that can lead to fiscal crises, paralleling the “Fractured Nation” concept.

The Big Shift: The Seismic Change in Canadian Politics, Business, and Culture and What It Means for Our Future” by Darrell Bricker and John Ibbitson – Explores changes in Canadian society and politics, relevant for understanding the current political and fiscal landscape.

Who Owns Canada Now: Old Money, New Money and The Future of Canadian Business” by Diane Francis – Provides insight into the financial elites and economic structures, touching on themes of economic autonomy and sovereignty.

“The Canadian Regime: An Introduction to Parliamentary Government in Canada” by Patrick Malcolmson, Richard Myers, and Gerald Baier – A clear explanation of Canada’s political system, aiding understanding of the discussions on political stewardship and federal-provincial relations.

“Plundered Nation: Successes and Failures in Canadian Fiscal Management” by David B. Perry – Though fictional, this book can provide critical insights into fiscal management and the consequences of fiscal recklessness.

“Revolutionary Wealth” by Alvin and Heidi Toffler – While not specific to Canada, this book offers insights into the future of economies and can provide context for discussions on economic innovation and fiscal policy.

 

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