BTC Sessions

Canada’s 0.1% Economic Nightmare Warns USA: Bitcoin’s Safe Haven! | Rich Dias

4 snips
Oct 7, 2025
Guest
Richard Dias
Richard Dias, a global macro strategist at IceCap Asset Management, discusses the stark economic divergence between Canada and the U.S. He highlights Canada's looming fiscal challenges, stagnant productivity, and the impact of misguided policies on the economy. Richard reveals how currency debasement and real estate instability might indicate a larger crisis. He advocates for Bitcoin as a hedge against these risks and discusses its accessibility for average savers, linking it to broader concerns over sound money and global economic stability.
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INSIGHT

When The Divergence Began

  • Canada and the U.S. grew in lockstep until 2015-16, then sharply diverged with Canada stagnating per capita.
  • That divergence signals structural policy and productivity failures, not a temporary cycle.
INSIGHT

Hidden Interprovincial Trade Frictions

  • Canada suffers from large interprovincial trade frictions worth an estimated ~21% equivalent tariff, according to an IMF paper.
  • Those barriers fragment markets and reduce national economic efficiency and scale.
INSIGHT

Productivity Has Nearly Stopped

  • Canada's 10-year compound productivity growth is roughly 0.1%, which Dias calls an "unmitigated disaster."
  • That near-zero productivity means growth has come mainly from adding workers, not efficiency gains.
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