Market Mania 🇨🇦 @MarketManiaCa Twitter profile | Pikagi

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Market Mania 🇨🇦

@MarketManiaCa

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Joined November 2021

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@MarketManiaCa

Market Mania 🇨🇦

2 months

The truth is in Canada the massive housing bubble was caused by political incompetence from all sides and all parties have contributed. See below 👇

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Exposing the Dark Side of Canada's Housing Crisis

Exposing the Dark Side of Canada's Housing Crisis. How both conservatives and liberals have done nothing but bail out the system and encourage the banks to l...

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@MarketManiaCa

Market Mania 🇨🇦

3 months

Canada's economy is 40% real estate. 40% government. Isn't that crazy?

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@MarketManiaCa

Market Mania 🇨🇦

8 months

No Western country has the standard of living collapsing faster than Canada.

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Market Mania 🇨🇦

1 month

25% of Canadians working for the government is terrible. Canada has created a real estate, immigration, and government economy with no real substance left.

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@MarketManiaCa

Market Mania 🇨🇦

17 days

Over 1.5 million people are now unemployed in Canada! Up nearly 30% in 1 year. The 🇨🇦 silent depression!

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@MarketManiaCa

Market Mania 🇨🇦

4 months

Canada feels more and more like a country having an identity crisis. This is what happens when you bring in millions of people with no plan on how they will integrate. They don't. They speak their own language and live in their own "areas"

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@MarketManiaCa

Market Mania 🇨🇦

8 months

Want to boycott Canadian telecoms giants? I just switched to AT&T $40 USD per month. Unlimited calls, text and data in the US, Canada and Mexico.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

So many people are leaving Canada or want to leave. Especially immigrants. Nobody really talks about it.

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@MarketManiaCa

Market Mania 🇨🇦

9 months

You lower your standards to the 2-bed condo. Then the 1 bed condo. Then the studio apartment. Then the basement apartment. Then you share an apartment. Then you share a room. Next, you are on the streets. Welcome to Canada 🇨🇦 where the standard of living is collapsing.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

I think in my lifetime I will see the fall of Canada. Which will be Alberta, Quebec, and possibly other provinces breaking away from Canada and becoming republics. The political division in the country is unsustainable. It's really only nostalgia that holds it together now.

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@MarketManiaCa

Market Mania 🇨🇦

1 month

Calgary is Brampton 2.0

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@MarketManiaCa

Market Mania 🇨🇦

2 months

Breaking: The Canadian Dollar just broke below 72 cents

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Cell phone monopolies. Airline monopolies. Food monopolies. Logistics monopolies. Banking monopolies. And people wonder in Canada why they are getting ripped off.

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@MarketManiaCa

Market Mania 🇨🇦

17 days

5 Cities with the highest unemployment in Canada: 1 - Windsor (9.2%) 2 - Edmonton (8.6%) 3 - Toronto (8.0%) 4 - Oshawa (7.8%) 5 - Calgary (7.5%)

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@MarketManiaCa

Market Mania 🇨🇦

4 months

Real Estate has ruined Canada

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Glad to see Bill C-11 is trending. They would have blocked YouTube live streamers at the Freedom Convoy if this had passed. They say: "We need to stop misinformation" HOWEVER they are the primary spreaders. It's a disgrace to Canada. From this dictator below 👇

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@MarketManiaCa

Market Mania 🇨🇦

2 years

The Government workforce has grown by 30% since Trudeau became Prime Minister.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

The second largest country by land area in the world. This is how close together people live in Canada 🇨🇦

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@MarketManiaCa

Market Mania 🇨🇦

2 months

The 🇨🇦 jobs report what a shit show. The private sector lost 42,000 jobs and the government gained 41,000. The numbers are just coincidentally really close. There is no skulduggery at play here.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

Insider info: TD Bank is going to repo over 100,000 vehicles in Canada over the next 6 months. That is just 1 bank! No wonder BMO got out of the auto game. They are all staring at a complete shit show.

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@MarketManiaCa

Market Mania 🇨🇦

10 months

Canada and Australia are the only places in the world right now with mortgage debt higher than the entire GDP of the country.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

I go to call my bank in Canada and they have a 2 hour 30 minute hold time. Go to call my bank in the US and I'm on the phone with a real person in 4 minutes. I wish it were a joke but it's not.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

The only people who call Toronto, Vancouver, and Calgary world-class cities are people who have never traveled outside of North America and also bureaucrats like the EIU

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@MarketManiaCa

Market Mania 🇨🇦

5 months

Most Canadians don't really own homes. They rent them from the banks and then lease the land from the local municipality. Sure "they own it" technically but in reality it's an illusion.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

These houses are less than 1km apart and the Canadian super bubble house costs $1,549,000 and the US house $499,900 ($687,927 CAD). The Canadian house is 209% more expensive!

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@MarketManiaCa

Market Mania 🇨🇦

1 year

90% of government workers in Canada give absolutely shit service and yet they demand huge raises and get paid more than most people in Canada. Many of them need to be fired and replaced not given a raise.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Canada Pension Plan or CPP is a Ponzi scheme for those under 40 years old. Realize this, you are never ever going to see that money again. CPP will not have the amount of money needed to pay everybody without a huge devaluation of the currency. CPP is essentially a Ponzi scheme.

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@MarketManiaCa

Market Mania 🇨🇦

8 months

In Toronto maybe $2 million? 💵🤔🤣

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Buying an EV is all about feelings and nothing about logic. You feel as though you are saving money when you are not. You feel as though you are saving the environment when you are not.

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@MarketManiaCa

Market Mania 🇨🇦

11 months

I had somebody who works for RBC customer service get in touch with me and they said 90% of the calls are people saying they cannot afford to pay their: mortgage, line of credit, credit card, or bills.

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@MarketManiaCa

Market Mania 🇨🇦

3 months

All these Canadian temporary foreign workers are just modern-day slaves to the Canadian oligarchy. Paid sh*t. Living in poverty and awful conditions. Suppressing wages for the oligarchs & megacorps benefit.

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@MarketManiaCa

Market Mania 🇨🇦

4 months

So CBC is finally talking about the mortgage time bomb that I've been talking about for years. Currently $269 billion of subprime dog shit mortgages that are in negative amortization. Not a small number.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

Anybody who says: "Well back in my day we had to deal with 12% interest rates" blah blah blah. These people clearly don't understand a simple thing called math. Because 12% of an $80,000 mortgage vs 5% of an $800,000 mortgage is a little different. 422% different.

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@MarketManiaCa

Market Mania 🇨🇦

7 months

This guy unknowingly explains all the reasons why Canada is in a giant credit bubble

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@MarketManiaCa

Market Mania 🇨🇦

2 years

People keep blaming the Bank of Canada for all their poor financial decisions. Take some f*ckin responsibility for your own decisions. The Bank of Canada didn't sign your mortgage application. YOU DID!

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@MarketManiaCa

Market Mania 🇨🇦

7 days

The Canadian Government is expanding 30-year amortization mortgages and raising the cap on insured mortgages by 50% to $1.5m. These insane policies are the result of hugely corrupt and morally bankrupt governments and powerful banksters who control them.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

All the Canadians I've spoken to over the past year who have left Canada say it was the best decision of their life.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

In Los Angeles, there are 25,813 real estate agents. In Toronto, there are 70,255. This screams bubble.

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@MarketManiaCa

Market Mania 🇨🇦

6 months

Canada's January GDP report is almost entirely driven by the public sector 👇

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@MarketManiaCa

Market Mania 🇨🇦

8 months

BBC reports reverse migration from Canada to Punjab is now happening due to the cost of living and many other things.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Banking fees in the US are so much lower than Canada. Canadians get ripped off as a result of crony capitalism. Grocery monopolies, energy monopolies, banking monopolies, travel monopolies. It's far from a level playing field or a free market in Canada.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Odds are over 50% that Canada will have a banking crisis in 2023 or 2024 according to the BIS.

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@MarketManiaCa

Market Mania 🇨🇦

4 months

Fired from TD Bank 👇

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@MarketManiaCa

Market Mania 🇨🇦

8 months

The US should use the collapse of Canada to its advantage by relaxing work visa rules for Canadians.

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@MarketManiaCa

Market Mania 🇨🇦

7 months

Booming economy in Calgary right now. Job fair with 4000-5000 people and nobody is really hiring right now👇

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@MarketManiaCa

Market Mania 🇨🇦

1 year

The Airbnb bust is just in the early stages. This will be a common occurrence soon enough.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

The average salary for an Engineer in an affordable area of Georgia 🇺🇸 Where homes are below $300k and the weather is better is $129k CAD. The average salary for an Engineer in Toronto 🇨🇦 is $79k CAD. Homes are $1m+ and the weather is shit. When you pay peanuts you get monkeys 🐒

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@MarketManiaCa

Market Mania 🇨🇦

8 months

Government spending in Canada now could account for more than 64% of GDP according to the Macdonald-Laurier Institute. As a comparison, the USSR government spending was 50-70% of GDP.

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Market Mania 🇨🇦

2 months

Canada is in a depression if a depression is defined as the below: - Falling living standards at a rapid rate - Over 1/3 of the population struggling to afford to feed themselves - Skyrocketing crime and poverty levels

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@MarketManiaCa

Market Mania 🇨🇦

9 months

The CEO of RBC makes more than 380 times what the average bank teller makes at RBC. Does he do 380x of the work? NO. Probably not even 1/3 of the work. In the 1980s the average bank CEO's earnings were 40x the average worker. Now it's 380x. Data from CCPA

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Market Mania 🇨🇦

1 year

We are transitioning from a recession into a depression in Canada. The masses will realize in the next 12 months. Lag effects.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

If you deflate the Canadian GDP numbers using ShadowStats CPI vs Statcan CP-LIE then Canada has been in a recession since 2019 and now is in essentially a massive depression.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

People pay $50k-$100k for Realtor commissions in Canada to sell a house. Just to list the house on a website and take some pictures. In the UK they do it for less than 1%. In Canada, they charge 5%. It's just another Canadian ripoff.

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@MarketManiaCa

Market Mania 🇨🇦

6 months

Productivity will keep going down because: - People have no incentive to work hard anymore - The housing bubble absorbs too much capital - Red tape and regulation stifle new growth

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@MarketManiaCa

Market Mania 🇨🇦

8 months

How does this make you feel? Student of University of Ottawa shares how she and her husband get $100s worth of "free" food from FoodBank

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@MarketManiaCa

Market Mania 🇨🇦

2 years

The top 3 countries with the highest household debt balances also have the world's largest housing bubbles. Wealth is just an illusion created by debt in these countries #1 - Australia #2 - Canada #3 - New Zealand

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@MarketManiaCa

Market Mania 🇨🇦

3 months

Calgary’s unemployment rate is now at 8.5%. Can you just imagine if the housing market hysteria suddenly stops? Say hello to the double-digit unemployment rate in Calgary soon.

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@MarketManiaCa

Market Mania 🇨🇦

7 months

$125,000 USD for a house in South Carolina. Meanwhile in 🇨🇦 a crack house in Downtown Eastside Vancouver is $1.4m loonies.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

This is insane. I spoke to a guy I know who owns a business leasing out heavy equipment for the oil sands. He said his business is dead. I said "how is that possible when oil is so highly priced". He said "nobody wants to invest here anymore, it's done thanks to Trudeau".

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@MarketManiaCa

Market Mania 🇨🇦

1 year

Canada has managed to do something truly remarkable. Have falling productivity and high immigration. What a fail.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Breaking news Canada lost 30.6k jobs in July. This follows a job loss of 43.2k in June.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

The second largest country in the world.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Jagmeet Singh is calling on the Prime Minister to stop the Bank of Canada from raising rates so high because it's so independent. He thinks the government should provide more stimulus instead. GET THESE F**KING IDIOTS OUT!

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@MarketManiaCa

Market Mania 🇨🇦

2 months

Canada has built a huge housing bubble all based on debt and not backed up by fundamentals. It has been going since 2004. Liberals, conservatives, NDP. All helped pour gasoline on the fire at different stages.

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@MarketManiaCa

Market Mania 🇨🇦

7 months

The Financial Post is reporting mortgage delinquencies are surging in Ontario and BC. Ontario is up 135% and BC is up 62%. Meanwhile, bankruptcy fillings also soaring up 76% in ON and 46% in BC

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Over 25% of CIBC, RBC, and BMOs loan portfolios now have maturities in excess of 30 years. It's going to be carnage next year.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Canada immigration is a complete scam and I'm seeing it from the otherside in Mexico. Immigration consultants promise the world to people in countries like Mexico and India. Then those people arrive and realize it is not the place they were told it was.

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Market Mania 🇨🇦

4 months

Canada trying to import the third world without importing third world problems has been an utter failure. Third world problems including massive poverty and people not being able to afford food are now widespread.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

I think it's sad and heartbreaking to see a country like Canada just fall apart. The best thing to do is leave! The standard of living in Canada is dropping at a record pace.

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@MarketManiaCa

Market Mania 🇨🇦

8 months

When you take away incentives for people to work for: like owning a home. You are on the path to societal collapse.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Imagine if all the money from the Canadian housing bubble went into to manufacturing instead. Canada would be one of the worlds powerhouses. Trillions of dollars wasted.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

I think people are only just starting to wake up to the realization that in Canada people didn't have lots of money. They were mostly just living on cheap credit. Now the cheap credit is gone and boom everything is rolling over.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

Somebody commented on one of my videos saying this: The new Canadian dream is to leave the country to move somewhere else. THE SAD TRUTH!

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@MarketManiaCa

Market Mania 🇨🇦

10 months

Pierre Poliverre just said live: "we have an emergency to bring interest rates down before those renewals" He is just another politician politicizing monetary policy.

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@MarketManiaCa

Market Mania 🇨🇦

7 months

This is really good 👇

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Market Mania 🇨🇦

12 days

TD Bank slapped again, this time with a US$ 28M fine!

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Market Mania 🇨🇦

2 years

Imagine a country that looked at the US financial crisis and claimed they were better than that and then engineered an even worse crisis. That country is Canada.

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@MarketManiaCa

Market Mania 🇨🇦

1 year

Used Car Bubble. Commercial Real Estate Bubble. Residential Real Estate Bubble. Welcome to Canada.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

The amount of loans RBC has on its balance sheet equals 41% of Canada's entire GDP.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Canadian Reddit boards are lit up with people asking for advice about their mortgage payment. This housing crash is NOT over yet. It's just getting started.

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@MarketManiaCa

Market Mania 🇨🇦

2 months

There are 70,000 Greater Toronto Area real estate agents and brokers for 6.4m people. In the state of New York, there are 131,000 real estate agents and brokers for 19.6m people.

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@MarketManiaCa

Market Mania 🇨🇦

25 days

Punjabi is now the second official language of Calgary 🤣

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@MarketManiaCa

Market Mania 🇨🇦

8 months

Top 3 Cheapest US plans that Canadians can easily get to boycott Canadian telecom giants. 1 - $50 pm unlimited data in Canada, US, Mexico with GoogleFi 2 - $45 pm unlimited data in Canada, US, Mexico with AT&T 3 - $45 pm for 12 GB 5G data for Canada, US, Mexico per month

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@MarketManiaCa

Market Mania 🇨🇦

3 months

Your backyard in the second largest country in the world 🌎👀

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Why does Canada need so many immigrants? Because it sold out its own population to the bubble economy and they don't want kids. One of the lowest birth rates of a developed country in the world (162 out of 192 countries) PLUS so many people wants to leave this country.

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Canada to enter recession Q1 2023 according to RBC. Default rates will skyrocket!

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@MarketManiaCa

Market Mania 🇨🇦

2 years

Calgary is leading the country when it comes to the ugliest real estate

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Market Mania 🇨🇦

10 months

Canada is now officially in a recession. How shocking? Not!

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Market Mania 🇨🇦

8 months

2023 - We entered a recession in Canada. 2024 - We enter a depression in Canada.

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Market Mania 🇨🇦

5 months

Charging a Tesla uses as much electricity as two houses would use in Vancouver in an ENTIRE DAY! If everybody got an electric car the grid WOULD FAIL. Alberta has had two grid failures already in 2024 and electric cars aren't even that popular in Alberta.

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Market Mania 🇨🇦

2 years

I'm not sure people really understand the significance of the Ontario Teachers Pension Plan investing in FTX. What does that say about their risk department? They invested in a Ponzi scheme that was even described as a Ponzi scheme by the CEO.

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Market Mania 🇨🇦

8 months

The Canadian 🇨🇦 economy is booming. My flight to Vegas is only 40% full on a Friday night with the polar vortex 😂

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Market Mania 🇨🇦

3 months

Rent inflation in Canada hit a new high of 8.9% which is the highest level since 1982 and in 42 years. Perfectly correlated with the mass migration campaign.

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Market Mania 🇨🇦

9 months

3 Ontario speculators buy houses in the same street in Calgary new development. List them for rent at more than 50% of after tax median income cashflow negative. Currently they are no bid. They are all losing between $150-$250 per day 😂

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Market Mania 🇨🇦

2 years

The immigration train in Canada will derail once people realize this is partly what is supressing their wages.

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Market Mania 🇨🇦

4 months

Many people moved with no job from Ontario and BC and are living off previous home equity and are joining the labour force looking for work 👀

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Market Mania 🇨🇦

4 months

This SCREAMS the Bank of Canada will cut interest rates. NOT! Highest rent inflation since 1983 and no correlation to interest rate hikes. Perfect correlation with the population explosion.

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Market Mania 🇨🇦

17 days

Youth unemployment has skyrocketed to 14.5% in Canada.

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Market Mania 🇨🇦

7 months

RANT: The weather in Calgary is f*cking abysmal. Spring comes in May. Smoke arrives in June. Winter starts in October. Good luck everyone who is just arriving here. I can't wait to leave in October. I will not miss this sh*t 🤣🍀

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Market Mania 🇨🇦

9 months

Look at how he tied the shoelaces. Probably never worn work boots in his life 🙈

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9 months

When there is no incentive to work because you are suffocating under taxes and the high cost of living with no future of owning anything, guess what? productivity tanks.

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