The bird struggles out of the egg. The egg is the world. Whoever wants to be born must first destroy a world. The bird flies to God.
Québec, Canada
Joined August 2017
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“We will do everything necessary to ensure the ladies that voted for us have jobs to pay for their degrees in Social Justice Studies and not for one second expect crack heads to show an iota of accountability or being held to a standard whatsoever.”
Max Demian retweeted
Out-of-country cancer treatment? ❌
Out-of-country experimental cosmetic gender surgery to construct fake female genitalia on a male? ✅
NEW: Ontario’s own health agency recommended funding a 31-year-old cancer patient’s treatment in the U.S. Two clinical experts agreed it was medically necessary.
But a senior ministry of health official denied her funding anyway — and Sabrina Apitz-Grossman was never told about those recommendations, new FOI records reveal. thetrillium.ca/news/health/o…
Max Demian retweeted
Trying to join the EU is like becoming Elizabeth Taylor's seventh husband. It's an obviously doomed venture, but you can brag about it to people who haven't read a newspaper in 25 years.
Max Demian retweeted
Retail traders have been conditioned for V-shape recoveries since the Trump admin started
What happens if the dip keeps dipping?
Wow! Traders piled in nearly $1 billion into 3x leveraged Nasdaq 100 ETF after Friday’s 3.5% drop in $QQQ. This is the fifth largest single day inflow on record.
The last such spike came just a day before the 2025 bottom. Let's not talk about the first two spikes, okay?
ALT Chart showing Nasdaq-100 ETF (QQQ) price performance alongside daily fund flows into the 3x leveraged Nasdaq-100 ETF (TQQQ) since 2021. The latest inflow of nearly $1 billion marks the fifth-largest daily inflow on record. Historical spikes are highlighted in December 2021, March 2024, and April 2025, illustrating mixed subsequent market performance.
Canadians recoiling at Trump’s 51st rhetoric and loudly proclaiming their sovereignty and then getting a huge boner to be run by Brussels technocrats is peak Canuck Retardism.
Canada is a one party boomerocracy that owns the media and funnels in Indians to simultaneously solidify its hold on power and keep the real estate bubble intact.
Also murder is mostly legal as long as you’re not white.
Max Demian retweeted
The Canadian government's mass immigration policies of the last 10 years were highly regressive. Having seemingly learned nothing, they are dead set on turning back on the taps rather than letting the country heal.
On cue, the media has begun parroting the government's narrative and gaslighting anyone who disagrees. This suggests that they remain blissfully unaware that the Bank of Canada has written extensively about how (mass) immigration has negatively affected housing, rents, inflation, labour supply, wages, and productivity. So I've compiled an inexhaustive list to help these folks.
🏘️- Monetary Policy Report, October 2023
🔗bankofcanada.ca/wp-content/u…
▶️"The strength in rent and other housing costs is partly due to strong housing demand, which is supported by rapid population growth, and a structural lack of housing supply"
🏘️- Staff Analytical Note, December 2023
🔗bankofcanada.ca/wp-content/u…
▶️"The rise in immigration is nonetheless contributing to pressures in inflation components linked to house prices, given that it is adding more to housing demand than to housing supply in the context of structural imbalances in the Canadian housing market."
🏘️ - Speech by Toni Gravelle, December 2023
🔗bankofcanada.ca/2023/12/econ…
▶️"When a country’s population is growing quickly, the supply of housing also needs to increase to avoid a worsening in affordability. Shortly after immigration began ramping up in 2015, Canada’s vacancy rate—a measure of how many apartments and houses there are available to rent or buy—started to fall."
🏘️ - Monetary Policy Report, January 2024
🔗bankofcanada.ca/wp-content/u…
▶️"A larger increase in newcomers than in the past is adding pressure to the structural supply constraint in housing. This has helped to push the overall housing vacancy rate to record lows, which has underpinned house prices and led to higher rents (Chart 3-A)."
🏘️ - Staff Analytical Note, April 2024
🔗 bankofcanada.ca/2024/04/staf…
▶️"Meanwhile, the composition of immigrants coming to Canada has changed considerably since 2015. Historically, growth of the immigrant population in Canada came mostly from permanent residents....While the wages of the earlier immigrants are closer to those of Canadian-born workers and have been increasing over time, those of non-permanent residents are much lower and have fallen over this period. Because real hourly wages are typically correlated with labour productivity, this piece of evidence is consistent with non-permanent residents working in less productive occupations."
🏘️ - Monetary Policy Report, July 2024
🔗bankofcanada.ca/wp-content/u…
▶️"The increase in housing demand from newcomers is being felt across all types of housing, but the largest initial impact tends to be in rental markets. This is because most newcomers start out as renters."
👨🌾 - Staff Analytical Note, May 2025
🔗bankofcanada.ca/wp-content/u…
▶️"if newcomers’ conditional wages reflect their labour productivity, the productive capacity of the Canadian economy grew less than it would have if recent newcomers had the same socio-economic characteristics as in the past."
▶️"However, this gain has been particularly acute for certain industries such as accommodation and food services, business, building and other support services, and retail trade. Labour productivity in these industries—which are comprised of a sizable share of lower-skilled occupations—is lower than the average in the business sector."
👨🌾 - Staff Analytical Note, May 2025
🔗bankofcanada.ca/2025/06/staf…
▶️"Youth—individuals 15–24 years of age—represent a significant portion of the overall increase in unemployment since the start of 2023. This is a larger share than during other periods of rising unemployment (Chart 5). This is partly due to the high number of immigrants, who are generally younger than the rest of the population."
👨🌾 - Speech by Nicolas Vincent, May 2026
🔗bankofcanada.ca/wp-content/u…
▶️“The labour market is particularly challenging for young people”: The 2022–24 influx of young newcomers “intensified competition in Canada for lower-skill and entry-level jobs”. Youth unemployment has risen above 14%, and he expects it may normalize now that immigration has been cut.
🏘️ - Staff Article, September 2026
🔗bankofcanada.ca/2026/09/spar…
▶️"Strong population growth drove asking rents higher in recent years"
Max Demian retweeted
Like I said, Canada has no business pricing imminent hikes.
Pricing more hikes than Fed over the next year is possibly the most mispriced dynamic I have seen in macro in a long time.
Max Demian retweeted
The hardest part of Stagflation regimes is sitting on your hands
Don't let the boredom cause you to take unnecessary risks right now, touch grass and wait for the next regime
Max Demian retweeted
The level of retardation happening in Canada rn almost surpasses belief. Let me try and explain:
Canada has race-based sentencing guidelines. Native criminals are supposed to get shorter sentences than white criminals because the courts are required to consider racism, colonialism, etc.
But at the same time, people who kill or assault native women are supposed to get longer sentences than people who kill or assault white women. Because, again, racism, colonialism, etc,
The problem?
It’s mostly native men killing and assaulting native women.
And liberal judges have been caught in the legislative middle, wobbling stupidly on this comically high tightrope from which a fall to either side is a snake-filled pit of inevitable racism accusations.
If they start cracking down on the killers and abusers of native women, the native male prison population will explode (racist).
If they don’t, they are making it effectively legal for native women to be killed and abused (also racist).
It’s like shitlib zugzwang.
And no one in this entire country seems to have an IQ high enough to figure out how to deal with this.
Supreme Court split over sentencing when the offender and the victim are both Indigenous nationalpost.com/news/suprem…
Max Demian retweeted
delete tiktok. watch old movies. embrace boredom. quit doomscrolling. eat without stimulation. hang out in book shops. slow your mornings down. walk without headphones. start believing in yourself. create phone boundaries. stare out the window. visualize your future. learn new skills. seek discomfort. experience life.
Boomers glued to CNN upset about Orange Man hermetically sealed from the reality outside their door.
Florian is a straight shooter not a doomer and as always makes a persuasive case
The red flags for risk are piling up:
- Weak NFP and yields reverse up
- Huge EU SPR release absorbed by oil price
- Increased awareness of labour and permit limitations to '27E DC buildout
- AI power users with sideways bills since August (cf Ramp) as possible harbinger for broader AI spend, at least next 1-2 quarters. Spend not token/adoption!
- No Iran resolution in sight
- Sept best month of the year for Momo = last pillar of market strength now very crowded
- EURUSD major breakdown
- CCC spreads blowing out
The ingredients for a major pre-Midterm sell are in place. As always, it is all about probabilities and something entire different may happen
