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.

<thread> 🧵👇
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. Image
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. Image
4/ speaking of Goldy Brar, two of his alleged associates arrived on student visas. They’re accused of participating in the murder that caused a diplomatic row with India.

One got a visa faster than someone in 🇨🇦 can get a license. Image
5/ it’s not a secret. 🇨🇦’s border agency audited 300 students & found 10 were organized crime.

Considering the CBSA fails to identify notorious mobsters & war criminals, these 10 must have wrote “gang stuff” under purpose of visit to be identified. Image
6/ You know how 🇨🇦 is considering pulling back on student visas because of the pressure on housing?

LOL. Nope! It’s because the CBSA testified that they realized back in 2018 that gangs were using student visas to send their members. Image
7/ to be fair, it’s a general problem in 🇨🇦.

Back in the day, 🇨🇦 used to be where organized crime heads would hide when they got in trouble to avoid scrutiny.

Word must have got out, because 🇨🇦’s now trying to catch 29k fugitives—300 considered immediate public danger. Image
8/ let’s quickly circle back to the CBSA finding this out in 2018.

That’s a lie. I know this because this is the index from a leaked CSIS report from 1996 on how the Triads are setting up in 🇨🇦.

Been bothering me for 10+ years now–even the leaks are missing this one section. Image

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More from @StephenPunwasi

Aug 16
The kids are not alright.

By isolating children from socialization for months, countries like 🇨🇦 may have inadvertently produced a generation of tiny psychopaths.

Let's talk about the research on early childhood development. We have no idea what's coming.

<thread> 🧵👇


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2/ Prosocial behavior is voluntary behavior we demonstrate towards others. Acts of kindness, compassion, etc.

It's why you help an elderly stranger with a heavy package. It's why you give money to the homeless.

It's the stuff we do that we can only explain as the "right" thing.
3/ It's the best part of humanity, and also observed in other species.

Dogs will defend other animals.

Chimpanzees share their food.

Rats become distress when they see another trapped, & will disregard known risk to try & save them.

There's a biological reason.
Read 16 tweets
Aug 7
High home prices will come down if more is built. Simple supply & demand, right?

That’s one of the biggest lies ever repeated.

Let’s talk about home prices, monetary policy, and how greasy f*cks tricked the normies into advocating for their own exploitation.

<thread> 🧵👇
2/ first, let’s clarify something about monetary policy. The central bank exists to control the decay of money, aka inflation.

The key policy rate is their primary tool, influencing other lending rates. If inflation is below target, they’ll lower rates to stimulate borrowing.
3/ bluntly put, credit (aka debt) is a purchase made today with future income. Future economic activity is borrowed to stimulate the current activity.

Future buyers get pulled forward to compete with current ones. The goal is to intentionally overrun supply for inflation.
Read 18 tweets
Jul 31
🇨🇦’s rolling out 30-year mortgages to “help” first-time buyers get a home.

This is actually a form of liquidity injection called capital cushioning.

It’s not about affordability. A similar plan was used by the 🇺🇸 during the financial crisis. Is this a crisis? 🤔

<thread> 🧵👇
2/ first off, let’s fix what you’ve been told about the 🇺🇸 housing bubble.

a common myth is poor people with subprime credit f*cked up. In reality, poor people have nowhere else to go so they paid their bills through negative equity.

When you’re poor, everyday is a recession.
3/ the real foreclosure surge was actually high credit quality investors that went to subprime lenders for more leverage.

When shit hit the fan, they just walked away. It was investors that were really the problem.

More on that if you’re bored later.
Read 12 tweets
Jul 30
🇨🇦’s financial system may be just weeks away from a crisis.

It’s probably more lucrative to not explain this to you normies, but f*ck it—no one’s going to change the trajectory.

Let’s talk about 🇨🇦’s upcoming credit crunch. But first, a primer on credit.

<thread> 🧵👇
2/ some people assume the central bank just picks an interest rate. Nope, credit is based on supply & demand.

When supply exceeds demand, costs falls. If everyone wants to lend you money, you don’t pay a lot. That’s why Zuck’s mortgage is only 1%.

The opposite is also true.
3/ if you need more money than the market wants to lend you, the cost rises higher. Think of payday loans.

When the Global Financial Crisis hit, everyone wanted to lend stable democracies money. This led to the era of low rates—cheap loans for all!
Read 23 tweets
Jun 26
Most people don't understand how interest rates, population growth, and immigration are related.

Let's fix that with a quick thread.

<thread> 🧵👇
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.
Read 18 tweets
May 16
Families in 🇨🇦 work *really* hard to survive.

Policymakers don’t appreciate that fact, when they’re spending years of your labor with a stroke of a pen.

They spend so much, people have a hard time fully comprehending these numbers.

Let’s put it in context.

<thread> 🧵👇
2/ I constantly hear politicians & their minions say, “it’s only a million/billion,” like they made that last week at the race track.

In reality, the median household paid $9.3k in income taxes in 2022, and worked their ass off to do it.

How many had their cash incinerated?
3/ the widely acknowledged public failure known as ArriveCan cost at least $59.5m.

It’s the equivalent taxes paid by 6.4k median households that went to work for a whole year FFS.

This company wasn’t vetted, but 107.5k median households went to work to pay them. Image
Read 15 tweets

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