A Visual Tour Through Canadian Stupidity

June 15th, 2022 | RR

We're going to go on a visual tour through Canadian stupidity. The average Canadian is always asleep behind the wheel until it's too late, which is why we are now facing one of the worst crises in our lifetimes. Inflation, poverty, crime, social unrest, war and collapse are all at hand because the average Canadian can't be bothered to learn how the world works.

On the American continent, Canadians have the highest levels of household debt. In the whole world, Canada is in third place.

Personal debt is only a single layer of the collective Canadian stupidity we are about to dissect. Canadian idiocy is like an onion, you can keep peeling it and finding deeper levels of destructive and corrosive ignorance. Every layer brings more tears to our eyes.

The average Canadian has a minimal understanding of economics, geopolitics, basic physics and statistical facts. This plays into the average Canadian's blindness and wilful ignorance when it comes to global and economic affairs. To help everyone understand, we are going to break down our current predicament with some pictures and explanations.

Let's begin.


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Gas Prices

A recent article at CTV exemplified and epitomized the ordinary Canadian.

“I didn't think it would get this high,” the headline proclaimed. It was a quote directly from the mouth of an Ottawa citizen who was aghast at the price of gasoline in his province.

The key phrase in all of it is: ”I didn't think”.

The average Canadian doesn't think—until it's too late. Asleep behind the wheel a majority of their lives, the average Canadian only starts to think about the economic consequences of his/her actions when the consequences have bit them in the ass. Even then, the realization almost always—eventually—leads to them blaming someone else and never themselves. In this case, Putin and Russia are the bad guys.

The average Canadian, brainwashed by corporate and public funded media, doesn't usually know why a bad guy is a “bad guy”. They only know it's true because the media told them so.

The current media narrative suggests that this guy, below, is the bad guy responsible for our historically high gas prices.

The truth, however, tells us that our current leader and his party's policies are to blame.

Now, it's not only the guy above we should blame. We should blame nearly every American president, including the current vegetable-in-chief, Joe Biden. Himself and many of the presidents before him have worked to prevent the flow of Canadian oil to market. After his election, Joe Biden cancelled the Keystone XL pipeline, which would have worked to supply America and some of the world with ethical, abundant Canadian oil.

Before the war in Ukraine, much of Europe, China and the world were fuelled by Russian oil and natural gas. When Russia finally invaded Ukraine, sanctions cut off oil and gas supplies from Russia, which resulted in lower global supplies, which resulted in higher prices for natural gas and oil around the world.

Had Canadian oil been a more common export, Canadian oil production and infrastructure would be more capable of supplying these countries. Before the war, a massive output of Canadian oil into global markets would have resulted in lower prices. During the war, right now, Canada would have been capable of filling the gap in supply. However, due to policies enacted by the current and previous Canadian governments, Canadian oil is stuck in the ground.

The ensuing result is higher global oil and gas prices, which translate into higher gasoline prices. On top of it all, Trudeau's government has added an increasing, federal carbon tax.

Another group of bad guys the media fails to mention are these guys:

That's the Saudi Arabian regime, or “royal family”. They have the upper hand in OPEC and can directly and indirectly control the flow of oil into the global market. If they increase output, it lowers global oil prices. If they suppress and restrict output, prices rise.

At the moment, OPEC has not raised output significantly enough to lower global oil prices. In fact, they have outright refused to raise output to meaningful levels during the war in Ukraine.

The reason Canadians are paying more for gasoline is because the global price of oil is too far above $100 per barrel, due partly to the lack of alternative suppliers like Canada. Another reason is Justin Trudeau's federal carbon tax, which increases incrementally every year.


The War In Ukraine

The bad guy the media keeps going back to is this guy:

Vladimir Putin, the dictator of Russia, is the scapegoat for the ongoing war in Ukraine, which is tightening the global supply of several essential goods and products—not just oil and natural gas. Yes, it is true that the invasion of Ukraine was initiated by Russia and Putin, but the reasons the invasion was initiated by Putin are often obscured and dismissed by corporate, Western media.

Western media tells us that this guy, Volodimir Zelenskyy, is the hero:

He is the president of Ukraine and has been pressing NATO to allow Ukraine's membership into the alliance. He has also pressed for NATO to implement a no-fly zone over Ukraine, which would put the United States and its allies into a direct, physical confrontation with Russia—a nuclear power and the second largest military in the world.

Behind the scenes, for years, American bureaucrats have been assisting Zelenskyy in his push for Ukraine to join NATO. Such a move would effectively place NATO troops and missile silos in Ukraine, near the borders of Russia. Obviously, Putin finds this to be a threat to Russian sovereignty and national security.

Imagine that. Then imagine how the United States would react if Russia set up a military base and missile silos in Cuba.

It's not difficult to understand why the invasion of Ukraine is happening when all the pieces of the puzzle are put into place. The average Canadian, though, does not have the wherewithal to find facts and information on his/her own without the corporate media doing it for them. Due to this level of sheer mental laziness, Canadians remain ignorant to the real facts.

For years, the United States has been antagonizing Russia and meddling in the affairs of its bordering nations. Putin has viewed this as aggressive and has, thus, rejected efforts to “normalize” relations with the United States.

Shutting Down The Economy

Canadians of all colours and stripes supported the forced shutdown of businesses, supply chains and restaurants to fight the spread of a virus that kills 1% of people, mostly over the age of 70. It was a knee-jerk reaction to frenzied media coverage and fear about a mysterious, new respiratory virus. In the end, most countries did not report significant increases in their annual death rates and more than 98% of those infected with the virus have survived—before vaccines.

In fact, many countries saw below average overall death rates in 2020 and 2021, or no changes in their annual statistics.

When compared to Canada, which had several draconian lockdowns, Sweden had a lower annual death rate in 2020 and 2021 than previous years. Not only did Sweden lack the same lockdowns and measures as Canada, its overall downward trend in death rates continued like normal.

Numerous scientific studies have since suggested that economic lockdowns and restrictions had a minimal effect on the spread of the virus.

Yet, the average Canadian would likely support another string of restrictions and circuit-breaker lockdowns in the face of another outbreak of the same, low-fatality virus. Regardless of the economic consequences, the average Canadian would be told by corporate media that staying home and watching television are the safest ways to combat another outbreak.

In the United States, polls suggest a partisan divide in intelligence between Democrats and Republicans. Contrary to what the corporate media peddles, Democrats have proven to be less informed about the hospitalization rates associated with the virus than Republicans. In a poll conducted by Gallup, 41% of Democrats believed the hospitalization rate was over 50%, when in fact it was under 5%.

This gross overestimation of hospitalization rates is due to misinformation and fear peddled by mainstream media—something Canadians are known for consuming without hesitation.

As a result of their artificially induced desires for restrictions and lockdowns, Canadians clamoured for more of them. This, in turn, led to severe and long term disruptions to supply chains. Moreover, Canadians supported billions worth of free money to those who could not work and for businesses that were forced, by law, to shut down for several months.

All of this has materialized into the worst crisis we have faced in our lifetimes.


Inflation And Shortages

The price of everything has gone up. Among the first to rise was lumber. This halted the construction of new houses across most of Canada, while effectively stifling the inventory of homes for Canadians to live in. Years later, home-builders and contractors are still dealing with overinflated prices and continued disruptions in staffing, labour and supplies.

Years later, housing prices have skyrocketed and inventory has remained dangerously low.

All of this is the result of economic restrictions and lockdowns, in combination with ongoing media hype about a virus with a low fatality rate. This has compelled businesses to allow more sick days and for employees to call in sick more often when they have a bout with the sniffles. This has wreaked havoc on manufacturing and production on all levels.

Worse yet are vaccine mandates.

Truckers, who ship essential goods across borders, were forced to be vaccinated. As should have been expected, many refused—which resulted in up to 25% of truckers walking off the job. The same happened at Canada Post, which saw a significant destruction to its labour force with Justin Trudeau's federally imposed mandates. This disruption resulted in Canadians and businesses turning to private carriers, like UPS and FedEx, who in turn saw a significant and unmanageable increase in their demand.

Across the country, vaccine mandates have erased up to 20% of Canada's workforce. As should always be expected, a healthy percentage of the population will outright refuse to be vaccinated against their will. When forced to choose between their jobs and being vaccinated, a large enough percentage will choose to lose their jobs. Even at 10%, the damage to supply chains and labour can be catastrophic.

In most polls, 70% of Canadians support vaccine mandates.

Forcing Canadians to be vaccinated has proven disastrous for supply chains and businesses. While many will get vaccinated, many will take their time and go on paid or unpaid leave in protest—as has been the case with airline workers, postal workers, nurses and federal employees. The delay in their vaccinations can often cause disruptions with chain reactions.

Canadians are now facing longer wait times in healthcare, empty store shelves, higher interest rates, larger mortgage payments, higher rent, bigger grocery bills, expensive commutes, crippling power bills and an overall decrease in their financial security.

Strangely, they seem so confused about all of it. It's almost as though they have no idea that their own choices and political decisions played a significant role in all of their current hardships. Sadly, those hardships are about to culminate into much bigger, more devastating problems.


Monetary Policy

The average Canadian has no idea how our current monetary system works. We have all heard family and friends say something like, “Why would they increase interest rates right now? Everything is already so expensive. It makes no sense!”

If you've said something like that yourself, you should read up on quantitative easing and tightening. When the money supply expands due to low interest rates, high lending and endless printing, the value of that money declines. It comes down to the principles of supply and demand. By tightening lending with higher interest rates, the amount of money in circulation begins to decline over time—which, in turn, raises its value, increases your buying power and lowers inflation.

There's a bit more to it than that in terms of treasury bonds and how the central banks are able to print money—but the average Canadian doesn't even know the gist of it, let alone the more intricate complexities of the system. Basically, combined with low interest rates, disrupted supply chains and governments handing out free money, inflation hit record levels. To slow it down, the central banks need to cut the flow of money.

It's time to start reading more books and turning off The Masked Singer.


Personal Debt And Bankruptcy

Canadians are third in the world for having the highest household debt per GDP. That means that the average Canadian has higher personal debt than a majority of everyone else in the world, behind the average Swiss and Australian. On the American continent, Canada is number one.

If there has ever been a recipe for disaster, it is the personal debt of Canadians combined with historic inflation and rising interest rates. In 2021, 53% of Canadians reported being $200 away from insolvency.

Strapped with personal debts higher than the global average, more than half of Canadians are likely to face financial ruin with rising rates and prices. As the costs of ordinary goods increase with the costs of servicing their debts, Canadians are on the brink of catastrophe. Unfortunately, these Canadians threaten to take the whole economy with them.

The 47% of Canadians, who may not be on the brink of financial ruin, will be in ruin when the 53% become insolvent and stop spending the money they never had. With bankruptcy and insolvency come bad credit ratings and restricted borrowing for up to seven years. When and if half the country becomes insolvent, the consequences will ripple throughout the economy and affect every single Canadian.

Bailing out half the country would involve the printing of more free money and, therefore, even higher levels of inflation.

Slow rolling insolvencies for half the population would result in catastrophic slumps in consumer spending, a decrease in lending, increases in inventory, possible deflation, commercial bankruptcies, layoffs across several sectors, unemployment, and untold levels of economic destruction not seen since the Great Depression.

Bailing out 15 million Canadians with more free money would have a similar result—or set us back to the same scenario by merely delaying the inevitable economic fallout of high inflation mixed with high debt. It would be like putting out a fire with gasoline.

The economic destruction that is about to ensue will be unlike anything we have experienced in our lifetimes. Stocks, bonds, mutual funds and all investments will be wiped out for the duration of the fallout. Many will lose their life savings because they will be forced to sell their stocks at losses, dip into college funds and wipe out their assets to pay other liabilities.

Some banks may forgive loans, but without much choice. The money will be gone no matter what they do. Governments will try to enact draconian measures to prevent bank runs, while leaving Canadians desperate to access what little money they have left. Governments themselves will see dramatic and devastating declines in revenue and financial viability.

When half the country is broke and jobless, they won't pay their taxes either.

Desperate for funds, governments could even freeze and seize people's assets. Depending on the leadership, we shouldn't be surprised to see it. Canada has already proven it can be done when a person supports the wrong political movement.

With the collapse of economic fortunes will come social unrest. People will be broke and desperate to make ends meet. Half the country will be ineligible to borrow money, so they'll need to resort to theft and illegal activity to feed their families. This happens during every recession and depression. Unless governments pass legislation to make borrowing mandatory, people won't have the funds they need to survive. Unfortunately, erasing the seven-year black mark on credit ratings comes with its own negative economic consequences, aside from putting everyone into the exact same predicament that caused the mess in the first place. As mentioned earlier, free government money would only delay the inevitable and make the fallout worse.

There aren't many viable solutions to the inflation-debt catastrophe that is around the corner.

This is a mess that general ignorance, complacency and stupidity have gotten us into. Fooled by news narratives that don't tell the full truth and dumbed down by simple entertainment and scripted dramas, Canadians haven't a clue about the fundamental things that caused this mess. They've been lazy, compliant, distracted, scared and everything else their political leaders needed them to be. They needed the latest trendy smartphone, but couldn't have cared less about how to pay for it.

They welcomed a chance to sit at home, watching television, getting free money handed to them by the federal government while they consumed the fear-porn being fed to them by journalists and media organizations that wanted the eyes and advertising revenue. They shrugged as the media lied to them about the next trendy war—or the next trendy, woke cause to support. They cared more about the NHL playoffs than the broken supply chains, wars and layoffs that would eventually make their food and gasoline more expensive.

Now, they cluelessly opine Russia while brandishing Ukrainian flags on their social media profiles—oblivious to the very deeds they committed to cause the problems that now burden them.

The collective stupidity of Canadians helped break the supply chains, rack up historic levels of debt, set up the economic pieces and put in place the dominoes that are about to fall on top of them and their whole country. Yet, you can still count on the average Canadian to vote for the same policies and leaders that aided and abetted their own destruction.

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