this post was submitted on 01 May 2025
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Well we have a negative productivity growth as well at the moment. Hence the BoC ringing the alarm bells. That makes it harder to pay our growing debt load even with spreading it out to more people.
No, I hear you, I'm just a bit less alarmist.
This is a period of change for everyone, god knows what things will look like in a 6 month horizon.