How China is Interfering in Canadian Elections, Exposing Corruption w/ guest Sam Cooper.
Apr 26, 2024
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Independent journalist Sam Cooper discusses China's interference in Canadian elections, fentanyl smuggling, and housing crisis. They also touch on market factors affecting rate cuts, weak retail sales, and stagflation concerns.
China's interference in Canadian elections involves real estate developers acting as proxies for funding political candidates.
Market indicators point to a stagflationary environment with potential interest rate cuts.
Chinese involvement in Canadian politics extends to drug trafficking, corruption, and fraudulent loans, indicating interconnected criminal activities.
Deep dives
Impact of ZSP as Preferred ETF for S&P 500 Exposure
Investors in Canada trust ZSP as their top choice for exposure to the S&P 500 index since 2012. ZSP offers a convenient way for investors to access a portfolio of stocks through a single cost-efficient trade. Without ZSP, investors would need to manage 500 stocks individually, resulting in complex and costly trading strategies. ZSP simplifies the process by providing easy and low-cost access to the 500 stocks in the index.
Challenges in Owning Entire Index and Impact on Market Movements
Owning the entire S&P 500 index requires dealing with institutional-level trading systems and buying 500 stocks at once. Constantly rebalancing with 500 stocks multiple times a year as the market fluctuates is a daunting task for individual investors. ZSP addresses this challenge by enabling instant access to all 500 index stocks in a convenient and cost-effective manner.
Concerns About Inflation and Impact on Interest Rates
Recent economic data shows a slowdown in growth, particularly in Canada, while inflation remains high and resilient. Despite lower-than-expected GDP numbers in the US, strong inflation data suggests a robust domestic economy. The market reaction indicates potential interest rate cuts. The implicit price deflator and other inflation indicators point to rising inflation, hinting at a stagflationary environment with challenges for central banks to navigate effectively.
Chinese Interference in Canadian Politics
Chinese interference in Canadian politics is a significant concern, with real estate developers acting as proxies for Chinese intelligence to fund political candidates, indicating a channel for China's interference. This involvement extends to supporting certain candidates financially, gathering intelligence from political staff, and influencing elections by attacking candidates. Despite warnings from intelligence sources, Canada's government, particularly under Prime Minister Trudeau, has been criticized for its inadequate response to these threats.
Impact of Chinese Interference on Canadian Society
The ramifications of Chinese interference in Canadian politics extend beyond elections to issues like drug trafficking and corruption. Connections have been drawn between the influx of real estate money from foreign countries and the exacerbation of drug problems, particularly in Western Canada. Fentanyl trafficking facilitated by the Chinese regime, strategic corruption involving Chinese officials, and fraudulent loans from major banks contribute to the complexity of these issues, indicating the interconnected nature of political and criminal activities.
How China is interfering in federal elections in Canada, spreading fentanyl, and exacerbating a housing crisis. Special interview with independent journalist Sam Cooper. Check out Sam's book, Willful Blindness. We also discuss markets pricing out fed rate cuts, weak Canadian retail sales, and stagflation concerns.
