The State of the Economy | David Rosenberg and Jimmy Connor

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[BloorStreetCapital]

Thanks for joining us today! David paints a very negative picture of both the U.S. and Canada. Do you agree?

[jimallen]

David nailed it when he said the US economy is a 'mirage'

[Reflect]

I love Mr Rosenberg. I will be 74 in July. I have listened to many economic experts and he is among the most trusted and brilliant. Thank you so much for the wonderful interview !!!

[larrymallet]

Mr. Rosenberg is one hell of a seasoned and smart man.

[patricklafontaine]

This is must watch for all Canadians. No one realizes how weak our economy is and have been for many years. Trudeau and that other guy a joke.

[richardc]

This guest is brilliant and clear speaking.

[jaimealvarez]

My opinion is that the problem is the corruption in the government, in all levels, you name it. The bad thing is we try to look the opposite side, and Ignore the real problem

[mjbucar]

David Rosenberg's REALISTIC insights are always most interesting.

[dosjr]

"Things are not always what they seem on the surface." That statement sums it all up, I fear what comes next for alot of folks

[craiglind]

We (USSA) is not entering recession with high employment.

USSA is entering Depression with VERY HIGH real UNEMPLOYMENT.

We have no growth other then gov spending and gov ‘job’ ‘growth’

It’s not a mirage, it’s a deliberate malicious illusion 😮

[juliorivas]

Thank you, David, for sharing your detective-style economic analysis, and lucid communication skills.

[pejdaddy]

Pierre Trudeau introduced the capital gains tax. Before 1972, Canada had zero capital gains tax. Any politician who reduced capital gains tax to zero will attract all the world’s best businesses to set up shop in Canada and produce more growth and jobs and put the country on track to surpass UAE, Dubai and all other oil rich countries.

[ELDTAdventures-tpjy]

Why can't people see what's happening? When I was younger I knew nothing about "markets, " about how things are valuable then tarnish over time, or over down cycles. We are fed daily readings of the stock market, but they don't really tell us much about where we are heading . . . until its too late.

[michaelacton]

Minus out the government spending this economy is in a downturn.

[Anicetus]

U.S. economy has been a mirage since 9/11, and maybe going back as far
to when Nixon took us off the gold Standard. I graduated HS 50 years ago
this week. The 1970's were rough, the 80's thru mid 90's were a great ride. Since 1998
things have been bumpy for main street. The govt has messed with the way we figure the
economic #'s to the point they are meaningless.

[Shirley-vg]

The U.S. savings rate is low - mainly because of private healthcare costs… insurance costs are outrageous 😮

[RickBescoe]

Yes, they're "human beings & not machines" except given the fact they don't live in our real world economy & fail to understand the average household. Inflation was never transitory, the average person knew that inflation was knocking at the door!

[franklintejeda]

Human behavior never changes, most people are in denial but number don't lie

[suzannedundon]

Wow. I stumbled across this and Mr R. is absolutely right about the US.

[ElainEmail-mq]

Weak productivity in Canadians' populations, ending of the 50-years PetroDollar Agreement on June 9 2024 between Saudi Arabia and the US, stagflation future, and low birth rates these are not surprisingly reality checks, they were in the making for decades...