Steve Saretsky
π€ SpeakerAppearances Over Time
Podcast Appearances
to provide some stability in a time of a crisis?
What do you think the likelihood of that is?
Don't list all 25.
and you know whatever taiwan like what's the what's the theory there is the theory like we're just gonna like in a time of crisis and you needed gold for example that you would just nationalize these gold mines what i mean jesus don't give them any ideas take it away but they're trying to naturalize your your your mind right now you're trying to thought like listen say it was dumb to get rid of the gold reserves it was dumb at the time it's dumb now fine but i'm just saying canada is an enormous country with i think
I do find the, Rich, I'm sure you'll kind of help us unpack the numbers.
But anyways, two consecutive quarters of negative GDP growth in Canada.
So we've now entered a recession.
I love the media headlines that they're calling it.
Like every media headline is calling it a technical recession.
Because I guess, Rich, we're technically supposed to wait, what, 12 months for the PhDs there at the council to determine it was a recession?
Well, there was no new concrete condo projects launched in Q1 in Metro Vancouver, zero.
No developer was willing to take the risk of launching a new concrete condo project.
Just to give you an idea of sentiment on the ground.
Anyways, go ahead.
We'll see you next time.
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