Maybe Canadians need to start rethinking our investment strategy and look to our own country and Europe to invest this money. The returns might be lower at first, but as the investments start to grow the economies, the returns will also grow. It is a long-term strategy, not a get-rich-quick strategy, but it is the best strategy for our children and grandchildren. Investing in America at this point is risky at best. Won’t do a thing for Canada.

  • Avid Amoeba@lemmy.ca
    link
    fedilink
    arrow-up
    3
    ·
    2 days ago

    … Investing in America at this point is risky at best. Won’t do a thing for Canada.

    Also the post paragraph is OP’s and draws a saner conclusion than the trickle-downery the article reaches for.

    Separate from all that, there’s also the wider problem with using the current public capital markets to trigger productive investment - something that hasn’t been happening for a long time.

    • SamuelRJankis@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      2
      ·
      2 days ago

      Yes. The proven underlying mechanism for using collective monetary means to improve social wellbeing is effective use of taxes not manipulating people’s personal investments.