Dad & Realtor, looking for insight. If I follow you consider yourself smart.
Toronto, Ontario
Joined June 2011
- Tweets16.4K
- Following1.7K
- Followers3.6K
- Likes37.6K
Peter Kiriazopoulos retweeted
I am a proud and loyal Democrat. I served in President Clinton’s National Security Council and worked for Madeleine Albright at the State Department. I ran for Congress as a Democrat, have voted Democratic all my life, and expect to continue doing so.
But I would never vote for Abdul El-Sayed. In my judgment, he does not represent the values of our party or our nation. I urge my fellow patriotic Democrats in Michigan to leave the Senate line blank or vote for Republican Mike Rogers.
This is an exceptional case, and I do not make this recommendation lightly. We can support Democratic majorities nationally while refusing to support a candidate who violates our core values. Loyalty to our party should strengthen our principles, never require us to abandon them.
Macklem’s Incompetence: Fighting the 1970s, Punishing Canada Today
The Bank of Canada is hiking into a negative growth shock because it fears an inflation problem its own underlying data do not establish. This is not prudent risk management. It is incompetence dressed up as vigilance.
Trimmed CPI inflation is 1.8% and declining. Employment is contracting. Even the Bank’s own statement puts inflation excluding gasoline at 2.2%, core inflation close to target, and longer-term inflation expectations firmly anchored. It acknowledges excess supply and expects new American tariffs to slow growth. Yet Macklem is raising rates because higher energy costs might eventually spread through the economy.
The distinction matters. Higher oil prices squeeze purchasing power; tariffs impair production and trade. Higher interest rates cannot fix either problem. They can, however, compound the damage by weakening spending, housing and investment. Macklem is responding to an external cost shock by imposing an additional domestic demand shock.
Second- and third-round inflation effects are risks to assess, not facts to assume!!! With underlying inflation subdued, jobs contracting and expectations anchored, the burden of proof lies with the central bank proposing to tighten. Its statement does not meet that burden.
Macklem increasingly resembles a Davos technocrat intellectually trapped in the 1970s: invoking the dangers of an inflationary spiral while discounting the weakness in front of him. The spectre of that decade has become a substitute for judgment.
His incompetence lies in that misdiagnosis. Hiking into a negative growth shocks leads to an avoidable recession.
He is making Canadians pay higher borrowing costs today to insure against inflationary spillovers that have not yet materialized broadly in the data.
A central bank should respond to evidence, not force today’s economy into yesterday’s cautionary tale.
Yes it’s true: Tiff Macklem is worse than John Crow. The worst governor of the Bank of Canada in modern history.
Peter Kiriazopoulos retweeted
Macklem’s Incompetence: Fighting the 1970s, Punishing Canada Today
The Bank of Canada is hiking into a negative growth shock because it fears an inflation problem its own underlying data do not establish. This is not prudent risk management. It is incompetence dressed up as vigilance.
Trimmed CPI inflation is 1.8% and declining. Employment is contracting. Even the Bank’s own statement puts inflation excluding gasoline at 2.2%, core inflation close to target, and longer-term inflation expectations firmly anchored. It acknowledges excess supply and expects new American tariffs to slow growth. Yet Macklem is raising rates because higher energy costs might eventually spread through the economy.
The distinction matters. Higher oil prices squeeze purchasing power; tariffs impair production and trade. Higher interest rates cannot fix either problem. They can, however, compound the damage by weakening spending, housing and investment. Macklem is responding to an external cost shock by imposing an additional domestic demand shock.
Second- and third-round inflation effects are risks to assess, not facts to assume!!! With underlying inflation subdued, jobs contracting and expectations anchored, the burden of proof lies with the central bank proposing to tighten. Its statement does not meet that burden.
Macklem increasingly resembles a Davos technocrat intellectually trapped in the 1970s: invoking the dangers of an inflationary spiral while discounting the weakness in front of him. The spectre of that decade has become a substitute for judgment.
His incompetence lies in that misdiagnosis. Hiking into a negative growth shocks leads to an avoidable recession.
He is making Canadians pay higher borrowing costs today to insure against inflationary spillovers that have not yet materialized broadly in the data.
A central bank should respond to evidence, not force today’s economy into yesterday’s cautionary tale.
Yes it’s true: Tiff Macklem is worse than John Crow. The worst governor of the Bank of Canada in modern history.
Selfish boomers win again
#BREAKING: Alvin Tedjo wins Mississauga mayoral election, CityNews projects toronto.citynews.ca/2026/10/…
What the actual fuck.
The BC teachers union president issued this statement today 🥴
"I recognize that with the outcome of a Conservative government, many of us may be feeling disappointed, scared, or deeply concerned about what might come next.
I know these results may be particularly concerning for Indigenous, racialized, and 2SLGBTQIA+ members. You are not alone."
Peter Kiriazopoulos retweeted
Everything established at Bretton Woods has either died or has become incredibly ineffective.
Western governments cling to the last straw - Keynesian Economic Theory.
And it’s pretty clear where it’s headed.
Peter Kiriazopoulos retweeted
You can learn a lot by noticing who’s celebrating this
Congratulations, President @LulaOficial, on your re-election in Brazil.
The relationship between Canada and Brazil has flourished under our partnership. Let’s seize this opportunity to make it even stronger, together — to create major new trade opportunities, protect the environment, and build greater prosperity for both our peoples.
Peter Kiriazopoulos retweeted
The EU is more dysfunctional than (pick your favourite country/province/state/city).
This is why we called it the Economic FantasyLand called Europe.
This week Canada will tell you joining the EU is the best thing since sliced bread.
To be clear - Canada does not need to join the EU.
A trade agreement already exists. Make a new/better one if needed. BUT Canada joining the EU is NOT needed.
There's a big difference.
Thanks @alexbozikovic and @globeandmail for confirming my vote for Bradford. I wonder if there’s a critical hit piece on chow published right before the election?
The dangers of Brad Bradford’s Toronto theglobeandmail.com/canada/a…
Peter Kiriazopoulos retweeted
Canadians Are Running Out Of Time To Oppose The Dangerous C-22 Surveillance Bill
eff.org/deeplinks/2026/10/ca…
Peter Kiriazopoulos retweeted
Here's CBC in one headline.
The "Palestinians" were actual terrorists, carrying machine guns to kill civilians with. But you'd never get that from the headline or the cutline.
They are just the worst news organization. The worst.
Peter Kiriazopoulos retweeted
David Friedberg reveals France's public spending is 57% of GDP: greater than that of communist countries
"This chart is a measure of public spending as a percent of GDP; Rand Group Research published it. And you can see the comparison of France's public spending as a percent of GDP, to the peak public spending as a percent of GDP of major communist nations, Soviet Union during, communist Romania, Venezuela under Chavez, and then communist China."
"It certainly been a socialist state, right? That's my point. I think this is such a precious lesson for the West to look at. We all think that there's some political problem with Macron or whoever it was."
"The more the government spends, the worse the conditions get for its people, not the opposite. And then the people riot and revolt and say that the government's not spending enough and the government needs to be doing more."
"Take a guess where the US is today. Federal government spending is $7.4 trillion, state and local government spending is $4.6 trillion. You add those two together, it's $12 trillion out of a $33 trillion GDP. US public spending is roughly 36% of GDP. France today is the same as the US, it's about 120% debt to GDP."
"France today is operating its national government spending deficit is 5.4% of GDP. The US is actually 6.2% of GDP. France is I think probably the first to go because they're only growing their economy at half a percent while the US is growing 2.3%."
"So we're still kind of hanging on because we have some degree of economic growth that's allowing us to kind of hold things together."
"But I would argue that we are facing the same sort of fiscal cliff that leads to this extraordinary social unrest as France, all the economic measures are aligned, we're at the same rate, we're at the same set of problems."
Peter Kiriazopoulos retweeted
One reason young people want socialism so much is that they're jealous that older people have it and they don't.
Can we all start believing the conspiracy theories now?
Ontario plans to launch digital IDs, including driver’s licences and health cards cp24.com/politics/queens-par…
