Poland Farm Protests Encounter Prepared Government Response, Confrontation Turned Violent


Posted originally on the CTH on March 7, 2024 | Sundance

I visited Warsaw twice last month and can provide some ‘boots on the ground’ background context for what is taking place as the Polish farmers begin protesting against the regime of Prime Minister Donald Tusk.

The first thing to understand is that Warsaw is to Poland almost exactly as Washington DC is to the United States – which is to say, a capitol subculture of leftists and WEF minded globalists totally disconnected from the social mindset of the rest of the country.  The Warsaw of the 80’s and 90’s Solidarity Movement no longer exists, which explains the installation of Tusk in opposition to the generally lulled to complacency Polish people.  Sound familiar?

“European agriculture policies and Ukrainian cheap grain, burning tires outside of Prime Minister Tusk’s office, as up to 100 THOUSAND more protestors expected to flood streets of Warsaw.”

The protests are not about Ukraine farm products (Western narrative); they are protesting the Build Back Better (Green New Deal) climate change nonsense regulations that will put them out of business and hurt the Polish people.

The German farmers and middle class workers organized their logistics brilliantly.  The farmers approached Berlin from every angle, using all the arterial roads as points of entrance to surround the city.  The German farmers came into each artery in two columns: column A at the front and column B in the back.

Column A drove into the city; column B remained outside the city blocking the streets.  It was a smart way logistically to protest, and German officials could not respond because they were blocked.  German truckers and transportation workers assisted the protest with non-compliance highlighting their support.  The German government acquiesced to the farmers.

The French farmer protests learned from the Germans, and they too were successful in their logistical protest against the French government.  The French government acquiesced to the French farmer’s demands.

However, the Polish government saw the effective strategy as it began spreading around the EU. Tusk brought into Warsaw an advanced police group.  As the Polish farmers moved into the center of Warsaw, they encountered a heavily fortified Polish security force.  Tempers flared and physical confrontation was the outcome.

WARSAW, Poland (AP) — Poland saw its most violent protest by farmers and supporters yet Wednesday as some participants threw stones at police and tried to push through barriers around parliament, injuring several officers, police said.

Police used tear gas and said they detained over a dozen people and prevented the protesters from getting through to the Sejm, the Polish parliament.

Farmers are angry over European Union climate policies and food imports from Ukraine that they say threaten their livelihoods. Such protests have occurred across the 27-member EU in recent weeks, but this one was decidedly angrier than earlier demonstrations in the central European nation.

Police noted on the social media platform X that its officers “are not a party to the ongoing dispute” and warned that behavior threatening their safety “cannot be taken lightly and requires a firm and decisive response.”

The deputy agriculture minister, Michał Kołodziejczak, said he didn’t believe that “real, normal farmers caused a riot in front of the Sejm today,” and that it was necessary to isolate “provocateurs and troublemakers.”

He did not say who he thought was behind the violence.

Farmers on tractors blocked highways leading into Warsaw while thousands of their supporters gathered in front of the prime minister’s office before marching to the parliament. Some trampled a European Union flag and burned a mock coffin bearing the word “farmer.”

Farmers were joined by miners, foresters, hunters and other supporters. They blew horns and set off firecrackers and smoke bombs, despite police warnings that the use of pyrotechnics was banned. Some protesters burned tires.

The protesters are demanding a withdrawal from the EU’s Green Deal, a plan meant to fight climate change and protect biodiversity, including with plans requiring farmers to reduce the excessive use of polluting chemicals to boost their crops. The protests have led politicians to water down some provisions. (read more)

The area around the U.S Embassy in Warsaw is no longer a place of well-kept landscape honoring Ronald Reagan and the Polish Solidarity Movement.  All of those pesky vestiges of freedom are in disrepair or being removed.

That said, let us hope (😉) the American resistance movement is watching the logistical success of the truckers and farmers in Germany and France.

Let the people enter the capitol for protest marches, while the support system infrastructure disrupts the arteries that encircle the core.

Berlin in January:

Warsaw last month:

Schwab Did Not Invent Stakeholder Economics


Posted originally on Mar 6, 2024 By Martin Armstrong 

Stakeholder Economics
Milton Friedman

Everyone knows I became friends with Milton Friedman. Back in 1970, Milton exposed how Stakeholder Economics was inefficient and stupid long before Schwab claimed he invented it. Milton stated that such a role was that of government, not corporations, whose #1 fiduciary obligation was to its shareholders. Under Schwab, I could say, “OK, I will go public; everyone sends in money. I will give you shares in return and then say — OMG, there are people starving in Africa!” So, I decided to give 50% of all the profits to them and not my investors. This is Stakeholder Economics.

NYT 9 13 70 Freedman v Stakeholder

The New York Times wrote on September 13th, 1970:

“WHEN I hear businessmen speak eloquently about the “social responsibilities of business in a free‐enterprise system,” I am reminded of the wonderful line about the Frenchman who discovered at, the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise when they declaim that business is not concerned “merely” with profit but also with promoting desirable “social” ends; that business has a “social conscience” and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers. In fact they are—or would be if they or any one else took them seriously— preaching pure and unadulterated socialism. Businessmen who talk this way are unwitting puppets of the intellectual forces that have been undermining the basis of a free society these past decades.”

Cap on Credit Card Late Fees Hurt Financially Illiterate Americans


Posted originally on Mar 6, 2024 By Martin Armstrong 

CreditCardDebt.Chart_

The Biden Administration implemented a new rule that will cap credit card late fees at $8. The Consumer Financial Protection Bureau has praised the measure, estimating it will save Americans over $10 billion annually in late fees, or around $220 annually per person as 45 million Americans have experienced these fees within the last year, but this measure may be more harmful than helpful.

Credit card debt in America is at an all-time high of nearly $1.13 trillion and continues to rise as around 56 million Americans carry credit card debt. The typical late fee payment is around $32, but this is merely the fee for missing a payment and does not account for compounded interest. It seems like common sense, but one must realize that the average person is not financially literate. The concept of basic finance is not a mandatory requirement for the public education system, leading many people to live off debt, well beyond their means, with no chance of recuperating. America has the leading median level of credit card debt among all developed nations. There is a widespread belief that one can afford certain goods if they are approved for a line of credit, which only benefits the banks.

Debt Hole Cannor Climb Out

Now, the banks are certainly profiting on late fees, which account for about 15% of credit card profits based on the CFPB’s 2021 Consumer Credit Card Market Report. Do these fees deter reckless spending? A 2022 ABA-led survey found that 46% of respondents said they made it a priority to pay off their credit cards on time to avoid late fees. That particular study found that a fee of $10 was enough to redirect one’s attention to their financial obligations. Another study by the Harris Poll and NerdWallet found that Americans were more likely to make a payment of their cards if a $30 fee was implemented.

Again, one must understand that the average person cannot compute the cost of compounding interest. Borrowing money is not a legal right and should be done with the utmost caution. Simply forgetting or dismissing financial obligations has consequences.

The banks will find a way to profit off the people in other ways. It is the nature of banking. Rob Nichols, the president and CEO of the American Bankers Association, explained that other measures could be implemented that will hurt everyone. “The Bureau’s misguided decision to cap credit card late fees at a level far below banks’ actual costs will force card issuers to reduce credit lines, tighten standards for new accounts and raise APRs for all consumers – even those who pay on time,” Nichols said. This is yet another Biden Admin policy favoring the financially irresponsible at the expense of others.

So, what is the CFPB recommending as an alternative? CBDC. The agency is first suggesting digitizing banking so that consumers have instant access to their credit scores and spending habits. Again, these numbers are disregarded by a portion of the population. The agency is patronizing all Americans by stating we are not intelligent enough to know when to pay off our monthly debts without digital notifications and reminders.

Financial literacy is desperately needed in America. So, while the Biden Administration is breaking its arm patting itself on the back for this surface-level win for the everyday man, the ruling does nothing to combat the growing personal debt crisis.

Brigitte Gabriel-Why The Ceasefire?Because They Are Losing,[WEF] Is Funding The Invasion In The US


Posted originally on Rumble By X 22 Report on: Feb 28, 2024 at 11:01 am EST

Massive Farmers Protest All Across Europe Explained, Ireland’s INSANE Hate Speech Laws


Posted originally on Rumble By Kim Iversen on: Feb 26, 2024 at 3:00 pm EST

Ep 3292a – Big Names Selling Off Stocks, Pattern Established, Market Correction Coming


Posted originally on Rumble By X 22 Project on: Feb 26, 2024 at 7:45 pm EST

NY & the End of the American Way of Life


Posted originally on Feb 23, 2024 By Martin Armstrong 

Pledge Of Allegiance1899

Once upon a time, in the United States, we, the people, began our classroom day with the Pledge of Allegiance:

“I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible,

with liberty and justice for all,”

Those days are gone, and we can no longer depend on the Courts and the legal systems for Truth, Fairness, and Justice for all, which we were told was the American Way! How many millions went off to war and died to defend that principle they have torn to shreds in New York City? The American Way of Life is dead. The Democrats have allowed our nation to be flooded with people who do not share our culture, our philosophies, or our history solely to ensure they win at all costs.

This is no longer any difference we have with Russia and China and how they treat the people. The United States now has more people in prison than China, which has 1.5 billion people compared to our 300 million. You have a 500% greater chance of going to prison because there is no more liberty and justice for all.

The Courts have turned into Totalitarian Dictatorships devoid of any accountability, and the proof of that is the mere conviction rate proving that we are the enemy of those in power. Data published by the Pew Research Center in 2019 highlighted how federal prosecutors have a 99.6% conviction rate. To put those numbers in perspective, U.S. Attorneys filed 79,704 cases in 2018. Of those, only 320 resulted in acquittals. As Pew Research wrote: “Nearly 80,000 people were defendants in federal criminal cases in fiscal 2018, but just 2% of them went to trial. “ Any criminal lawyer in New York will tell you to plead and take a deal because you CANNOT win in New York.

Judge Rakoff Why Immocent Plead Guilty

The system is so bad that Judge Rakoof was thoroughly disgusted and wrote a book on his experience on the bench in New York. The title is “Why the innocent plead guilty and the guilty of free.” I cannot express strongly enough that you have virtually no chance of a fair trial EVER in the United States. And if they cannot put you on trial, they will kill you and swear it was suicide. Nothing but nothing someone is charged with should EVER be taken as truth. Even Madoff quickly pled guilty to save his family, yet his son still committed suicide. There, too, the banks claimed they had no idea. That was a lie and ABSOLUTELY impossible.

FCI Letter 2007

I was interviewed by a journalist when they saw the bank was illegally trading in my accounts, like MF Global. They asked me if they were laundering money for the Russian Mafia “AS THEY WERE DOING IN MADOFF!” I said I had no idea. I only saw all the bogus trades that were then backed out as errors when I assumed they were parking things in my accounts. Yet, of course, if the “error” came from one account and was taken out to another, then it was money laundering. The newspaper would not allow her to publish it. The forensic accountant told the court they never shall so many “canceled trades,” but the court also covered that up. I believe I refused to invest $10 billion in their Russia scheme, so they were using my accounts for money laundering involving the oligarchs and the attempt to seize Russia.

The Elections are rigged, the Courts are corrupt, and the government is rapidly becoming the enemy of the people. All of these male illegal immigrants of military age will be compelled to sign up for the military to get citizenship and be sent off to fight in World War III.

Engoron Hocjul Letitia James

Trump’s civil fraud trial in New York will expose just how corrupt this whole prosecution has been. In a 92-page decision, this morally void Judge Arthur Engoron ordered Trump to pay a massive $355 million fine, plus more than $98 million in prejudgment interest no less. Engoron’s extraordinary ruling strategically prohibited Trump from serving as an officer or director of any business in the state for three years, giving the judge the power to appoint a prosecutor to run his company and destroy it in no time. Even George Washington University Law School professor Jonathan Turley took issue with this, saying that “[e]ven the New York Times agreed that it could not find a single case in history where this statute was used against an individual or a company that did not commit a criminal offense, go bankrupt, or leave financial victims.

Engoron found Trump was found liable for overstating the values of his assets on bank loan applications. That is a common negotiating practice, like haggling in a biazare in Iran. It’s expected and an insult if you do not. Considering that New York City is the world’s financial capital, the city’s bankers walk on water and are among the most sophisticated on the planet. Developers always inflate property valuations, and banks have their own appraisers who simply adjust them down. According to Turley, during the trial, “witnesses [loan officers] testified that they wanted to do more business with Trump, who was described as a ‘whale’ client with high yield business opportunities.”

It is the same when trading. The banks try to guess if you will buy or sell and will move the quotes in the direction they anticipate you will trade. It is always a negotiation. That is how high-stakes finance deals are done.

2024_02_22_18_53_37_Letitia_James_Wants_to_Block_Trump_From_Leaving_New_York

The reason I recommend that Trump file for bankruptcy IMMEDIATELY in Florida is because NY law is also rigged, and this is why the Judge did what he did. Under New York law, Trump is not allowed to even appeal his ruling without depositing the full amount in a court account, and he has only 30 days to raise that, which is CASH! If he cannot, then they will seize his property and sell it for pennies on the dollar to their best friends, who are already licking their lips and rubbing their hands. Judge Engoron has just denied former Trump’s request for a 30-day stay of judgment after defense attorneys protested the attorney general’s “rush” for enforcement. Now, they want to prevent Trump from leaving NYC so they can imprison him to stop the election.

If Congress does not intervene – we are screwed as a nation.

New York State Attorney General Letitia James is an elected Democrat. She made it clear from the outset that her goal was to destroy Trump. She actually said:

“This illegitimate president [Trump] — I look forward to going into the office of the attorney general every day, suing him, and then going home.”

This has been a biased prosecution with the sole intent of prosecuting Trump to interfere in the 2024 election – plain and simple. Because BViden controls the Justice Department, they will never prosecute anyone for doing this.

She has turned this law upside down. It was intended to protect consumers. In fact, no one was defrauded. All of the loans were fully repaid. Still, this judge and prosecutor conspired to violate everyone’s right to vote in the 2024 election. Any business can now be torn apart using this. They claim that you overvalued your assets on a loan the bank never used in its decision anyway.

I have not heard from one institutional client inside or outside the United States who thought this was reasonable. The overwhelming view is that this was a deliberate political hit job, just the latest blow in the Democrats’ relentless campaign against Trump to ensure their insane agenda continues, and the Republicans on Capitol Hill are not defending the Constitution or the people.

This judgment sent a shock wave around the world, and the rigged system that allows them to seize Trump’s assets in 30 days is a warning you better get the HELL OUT OF NYC ASAP! This was the last straw. Get out of all stocks with a New York address and sell NY state and city bonds ASAP. This judgment is so outrageous, and they intend to confiscate Trump’s properties NOW just to destroy him completely to interfere in the 2024 election.

Governor Hochul was so stupid during an interview on a radio talk show with John Catsimatidis on “The Cats Roundtable” on WABC 770 AM that she tried to reassure business owners that it’s safe to do business in the state. Her remarks made the case that this was political and that Trump was targeted because he was the Republican candidate. She said :

“I think that this is really an extraordinary, unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about because they’re very different than Donald Trump and his behavior.”

Hochul admits that this was political, or every New York developer who has ever overstated the value of a property on a loan application is now at risk of being bankrupted and all their assets seized by making the fine so large it cannot be paid in 30 days.

The Democrats have weaponized the legal system everywhere against Trump, and their idiot base is cheering for the demise of the nation. The New York Post said it best:

“Democratic elites will chuckle into their martinis this weekend at the verdict, but your victory is pyrrhic. You’ve made Donald Trump a political martyr.”

Veteran Cemetary

My family has fought in every war since the American Revolution. Everything they fought for has been torn to shreds. I am surprised that anyone would now fight and die for a country that no longer respects the rule of law, the Constitution, or civilization. The clock is ticking. It will be time to turn out the lights by 2032.

business_woman_run_inside_clock_300_clr_19130
2024 Presidential Election by Popular Vote

I can now see why the computer is projecting a landslide for Trump. The Democrats have gone way too far. They are no longer supporters of the American Way of Life, and the computer projections for 2028 look even worse.

2028 Presidential forecast

70% of American Cities in Debt – Pension Crisis will Cause Taxes to RISE


Posted Feb 23, 2024 By Martin Armstrong 

Pension Crisis

A study by Truth in Accounting (TIA) revealed that 70% of America’s largest cities fell into a deficit in fiscal year 2022. Out of the 75 cities studied, 53 simply did not have the funds to pay their bills. The study found that the total debt among the 75 cities had reached $288 billion, and despite the $307.4 billion of assets shared among them, the cities held $595.3 billion in unfunded pension plans.

US law requires cities to maintain a balanced budget, yet no one is holding the representative accountable. Mind you, this data was collected BEFORE the migrant crisis toppled city budgets. Cities have been overreporting their revenue and incorporating borrowed funds into their total revenue calculations. These cities push off bills until the beginning of the next fiscal year to alter calculations.

Pensions and health care were the major issues burdening American cities long before Washington required taxpayers to bankroll the 7+ million new illegal residents. As the report notes: “The most common accounting trick cities use to understate government costs is not including true compensation costs. Cities provide employees with salaries and employee benefits, such as healthcare, life insurance, and pensions. While pension and other post-employment costs, such as health care, will not be paid until the employees retire, they still represent current compensation costs earned and incurred throughout their tenure.”

Cover Pension Crisis

I have been warned for many years that the government pension plans operate like a Ponzi scheme and have been waiting to implode. Government employees have the defined-benefit (DB) while we get the defined-contribution (DC) plans. Most state and local government employees, actually 87% of those working full time, participate in a defined benefit (DB) pension plan. They contribute NOTHING but are guaranteed a pension on top of what they earned, plus free healthcare for life. Under these promises, these employees have never been required to save for the future and will demand that the public be taxed on anything and everything to keep to this Ponzi scheme on life support.

UNDER NO CIRCUMSTANCE should you allow your pension fund to be managed by any government-related entity. They cannot pay government employees so they have sought to suck in everybody else to cover up their losses. Before 2032, there will be more people on retirement from government than actual employed workers. The government must continue to raise our taxes because they are incapable of creating reform.

The reason I highlight the migrant crisis is that we are now shelling out billions of dollars every month to support a new influx of people who have also never contributed to the system. They are providing them with “free” shelter, food, debit cards, and more. Then, they decided to prevent these very people from obtaining working permits to ensure the select few with good intentions cannot ween off government/taxpayers.

Look at history to see how this situation plays out—warning: the pension crisis will not end nicely. When the government could no longer afford to pay the army, it began sacking Roman cities that opposed their general. They turned inward and cannibalized their own cities, weakening the entire empire, thereby allowing the barbarians to come through the gates. We have followed the very same mistakes as Rome. This is just how empires always end. We are no different.

NYC Bonds Are in Sell Mode


Posted originally on Feb 22, 2024 By Martin Armstrong 

Engoron Hocjul Letitia James

COMMENT: Hi Martin.

Thanks for the “astute lawyer” compliment. That was very nice, and coming from you, it is very meaningful to me.

The Epoch Times headline in your “NYC Out of Control” post calls the dollar part of the verdict against the Trumps a “penalty.” It has also been called a “fine,” but I haven’t yet seen it called “damages” in a headline. I think Hochul, Engoron, and James know that the amount was based on a damage assessment and calculation that may not hold up. New York Executive Law § 63(12) clearly reads that the attorney general “may apply…for an order…directing restitution and damages…”. [Emphasis mine.]

New York proved math calculations, not actual damages, where the damaged party had to be made whole. Had the statute recited a list of fines, they’d probably be in a more sound position, but their position now is what I would call “too dicey for comfort.” I would seize nothing in this situation because there are too many cases of improper seizures to worry about. The verdicts against those who seize property in error or improperly or hastily in a flawed or tainted case are many times larger than the amount of the money judgment used to seize and sell the property of the defendant.

Furthermore, if New York has someone running the Trump businesses, and should he or she destroy or damage the businesses, the state could be liable for many, many times the amount of the verdict/judgment against the Trump family. Trump could wind up seizing the state capitol, the governor’s residence, etc., plus having his property returned to him. I’ve seen this happen. Once, the State of Louisiana overreached, and once, the U.S. government was a litigant against a billionaire oil man, banker, and friend who could not get the IRS to return his multi-million dollar overpayment of taxes. He finally had enough, and he seized the Hale Boggs Federal Court Building. He got his money a day later.

Perhaps by dancing around exactly what legal principle the amount of the money verdict/judgment is based on (i.e., damages, fines, penalties [i.e., a payment imposed as punishment], whatever), the Hochul, Engoron, James enterprise has walked into a trap. The Eighth Amendment prohibits excessive fines. If they maintain the amount is absolutely based on the principle of damages, how can they show a diminution of the state being “whole” (or “wholeness” if you will) owing to Trump’s actions with third parties. If they maintain the amount of the verdict/judgment is based on a properly enacted and published fine or penalty, then they must face the Eighth Amendment.

In my opinion, Hochul, Engoron, and James are whistling past the graveyard. They have put their careers on the line, and the dice are tumbling.

Best regards, and thanks again.

EGM

Docket Sheet Sealed

REPLY: This is so political it smells, and just because this Judge, who is not qualified to judge a turtle race, simply decrees, they think they are God, and everyone must bow down to them and kiss their ring. It is so rare to find a decent judge in New York. Judge Lawrence McKenna saw what they were doing and tried to protect me. The government went to the Chief Judge to remove him and then sealed the record.

Civil Unrest 2023

The DA belongs in prison with the governor and this disgusting judge. This DA is bragging that she will now seize Trump Tower. When the computer projected that the 2024 election would be intermixed with serious civil unrest and that neither side would ever accept the outcome, as we draw closer and closer to this date with destiny, it is looking very, very dark indeed.

DJIND M Array 2 15 24

The computer is projecting a panic cycle in September, rising volatility in October, and October will be a critical turning point heading into the 2024 election. We should no longer have the motto – Gold Bless America – it should be changed to – God Save America. These LEFTIST are destroying the very foundation of law; without that, civilization can no longer exist. That is the testimony of history – not my opinion.

NEW YORK IS DOOMED

Bond investors have piled into New York City’s tax-exempt bonds, lured by their relatively high yields. However, with a $7 billion budget deficit spiraling costs of sheltering asylum seekers and other migrants that have sought refuge in New York on top of this collapse in the rule of law, NYC is a sell – not a buy. Wall Street profits are declining, and with them, there are looming job cuts at major investment banks. Many are migrating to Florida, which puts pressure on city tax revenue. New York’s fiscal outlook is a disaster. That suggests the city’s general obligation bonds aren’t particularly attractive at current valuations – they are a sell.

Inflation Dropped in Canada – So Why is the Cost of Living Unaffordable?


Posted originally on Feb 22, 2024 By Martin Armstrong 

canadian dollar C

Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities like rent and food?

Mortgage interest costs remain the top noted driver of inflation after rising 27.4% YoY, while rentals increased 7.9% during the same period. Bank of Canada governor Tiff Macklem explained that the central bank cannot fix the housing crisis through cuts. “Housing affordability is a significant problem in Canada but not one that can be fixed by raising or lowering interest rates,” he noted at the beginning of February. The Bank of Canada has voted to raise interest rates 10 times since March 2022, with little to no impact on inflation.

The central bank cannot manage supply and demand. Rentals.ca noted that rentals have been rising by C$373 per month since COVID restrictions and lockdowns decimated the global economy. Demand far outweighs supply, and Canada Mortgage and Housing Corp. noted that vacancies are at their lowest level since they began reviewing the data in 1988.

The Bank of Canada building

Trudeau’s government only cares about the rising debt-to-GDP ratio, and analysts cling to their failed theories of Keynesian economics. What percentage of interest costs are in that deficit, and what happens when they can no longer sell the debt? These are questions entirely overlooked.

The Canadian dollar is simply worth less than it was before the COVID lockdowns, and the Canadian dollar’s decline is contributing to the rising cost of imports.

The Bank of Canada has the same issue with its central bank as many other nations – the government will not stop spending. Total government spending for the 2023 fiscal year through the end of March 2024 is estimated to be C$488.7 billion.

Yet, the Trudeau Administration announced this week that they will be spending another C$300+ million on ammunition for Ukraine as Canada, like all other NATO nations, has been prioritizing spending on foreign wars while ignoring its growing deficit.

Canada’s deficit is expected to hit C$38.4 billion in 2024/25 and C$38.3 billion in 2025/26. Who is the largest buyer of Canadian debt? Foreign investors from the United States who purchased around $13.1 billion of Canadian debt securities. Canada saw a high in foreign share acquisitions in December 2023 to the tune of C$29.4 billion, with non-US foreign share investment reaching C$6.3 billion.

Investors are mainly seeking instruments denominated in USD that are issued by Canadian banks. Now, Canada must make investment opportunities more lucrative for the US buyer compared to domestic investments. Hence, the BoC is moving in line with the Federal Reserve, but both are utterly helpless as they cannot control fiscal policies.