6/ Then there's the meme makers, content producers, and leaders of American white supremacy groups. Feel free to look up who they are, and where they're from.
Fun fact: 🇨🇦 issues student visas to anyone with a few bucks.
Here’s a quick thread on the hundreds of criminals that organized crime groups set up in 🇨🇦 using student visas.
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2/ 🇺🇸’s DEA claims El Chapo made $3m/day in 🇨🇦 prior to his arrest, and they were surprised by how “deep infiltration” was.
His point man in 🇨🇦? Jesus Herrera Esperanza, aka Hondo—a “student” in 🇨🇦. No one knows where Hondo is these days.
3/ One of the world’s most powerful gangsters is former TO resident Lawrence Bishnoi—a 31 y/o that runs a global assassin & extortion network… from prison for the past 10 years.
His empire is allegedly run by his #2—Satinderjeet Singh, aka Goldy Brar. I wonder what he studied.
Most people don't understand how interest rates, population growth, and immigration are related.
Let's fix that with a quick thread.
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2/ A central bank's purpose is to control the decay of money, aka inflation.
If inflation is low, they cut rates to stimulate consumption by lowering the cost of borrowing. Since debt is your future income used today, this creates demand w/the goal of overrunning supply.
3/ Pretty easy since they can cut rates a lot faster than supply chains can respond, which is the goal. They're trying to raise prices to drive inflation, after all.
The opposite is also true. They raise rates to slow inflation by delaying demand so there's excess supply.
Why is every politician discussing their aggressive plan for affordable housing?
… even the ones you know don’t care about it?
Well, they hijacked the term and weaponized it against the people who need it. Here’s how.
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2/ in 🇨🇦, the term affordable housing now means a rental that’s 1/3 the median household income.
First off, a third of income isn’t really affordable. A third of income is the max allowable payment a mortgage borrower can accept before they’re considered too risky of a payer.
3/ so, affordable really means the max a person can reliably pay without being a default risk in this case.
in Canada, it also means maximum regulatory leverage. That doesn’t feel the same, does it?
Wait until you realize how that plays into distribution.