As an avid investor or someone interested in understanding global economic trends, you may have come across various opinions on the current state of the global economy. However, at Extreme Investor Network, we aim to provide you with unique insights and valuable information that sets us apart from other sources.
The year 2015 marked a significant turning point in the global economy, and the effects of that year are still being felt today. Central banks around the world have mismanaged monetary policy by keeping interest rates artificially low and printing money excessively to cover up the deeper issues stemming from fiscal policy. The lack of fiscal responsibility by governments has become a major threat to the global economy, exacerbated by the COVID lockdowns that have given world leaders unprecedented power.
One key aspect to consider is the concept of Economic Confidence Model (ECM) cycles, which have been highlighted by experts such as Pierre Poilievre, the opposition leader in Canada. Poilievre pointed out how much has changed within one ECM cycle, specifically referencing the year 2015 as a major turning point. He challenged Parliament to imagine waking up from an 8-year coma and seeing the stark differences in the economic landscape.
Just eight years ago, Canada boasted a strong middle class, declining taxes, reduced crime rates, efficient immigration systems, closed borders, and affordable housing. However, the current scenario paints a grim picture of rampant inflation, shrinking economy per capita, housing crises, rising homelessness, and unsustainable government spending on initiatives that do not benefit Canadians.
With inflation soaring and economic growth dwindling, it is clear that something needs to change. Poilievre’s critique of Prime Minister Trudeau’s policies reflects the discontent felt by many Canadians, leading to a desire for new leadership in the upcoming elections.
At Extreme Investor Network, we strive to delve deeper into these economic shifts and their implications for investors and stakeholders. By staying informed on global economic trends and understanding the factors shaping our financial future, we empower our readers to make sound investment decisions and navigate volatile markets with confidence.
It is remarkable how much can change within one wave of the ECM, and we are committed to providing you with the insights and knowledge you need to stay ahead of the curve. Join us at Extreme Investor Network for expert analysis, unique perspectives, and valuable resources that set us apart in the world of economics and investments.
