TLDR
How to Survive Governmentageddon 2025
Jan 22, 2025
In a lively discussion, Arshy Mann, co-founder of The Hatchet, dives into Canada's political uncertainties, especially upcoming elections and their potential impacts. They explore the innovative NYC congestion pricing and its lessons for Toronto’s traffic issues. A fascinating look at how magazine covers can influence stock prices emerges, revealing unexpected market trends. The conversation also highlights the complexities of Canada’s housing market and the shifting political landscape, addressing the tensions between landlords, renters, and economic policy.
23:50
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Quick takeaways
- New York City's congestion pricing has successfully reduced traffic by 7.5% while generating significant revenue for public transit improvements.
- Canada's upcoming political shifts, particularly with potential leadership changes, are likely to significantly impact economic policies and housing market dynamics.
Deep dives
Congestion Pricing's Impact on Traffic
New York City's implementation of congestion pricing has led to a significant reduction in traffic congestion and time spent in transit. Drivers entering Manhattan during peak hours now pay a toll ranging from $9 to $21, which encourages alternative transportation methods. Initial reports indicate a 7.5% drop in traffic within the first week, translating to approximately 44,000 fewer cars on the roads daily. This initiative not only eases congestion but also generates revenue for public transit improvements, with projections of raising $500 million annually for initiatives like subway modernization.
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