... Sam Slick: 🇨🇦 sovereign fund funded by *borrowed* money 🤨
Last fall's federal budget forecast a $78B deficit in 2025–26 and a $65B deficit for 2026–27.
When asked directly where the $25 billion comes from, Finance Minister Champagne did not answer directly but said the government's rel. strong fiscal standing internationally would allow it to borrow at favorable rates. 🤨
Wealth <--> protects <--> power
#capitalism #billionaires #inequality
v.
#DemocraticSocialism #equality #sustainability
Victoria Stuart 🇨🇦 🏳️⚧️
npub1gu…jy3zv
2026-04-29 01:42:38 UTC
in reply to nevent1q…dznn
Author Public Key
npub1gutn45zt5tx7zumjq2v8jtkwfvds58vvknf3qm0hplf8vzu4zyxqpjy3zvSeen on
wss://relay.momostr.pinkPublished at
2026-04-29 01:42:38 UTCEvent JSON
{
"id": "8b98740b2c97a4edaf3d0343b152423892171eda7c80c2eab82f00dc5dc5944c",
"pubkey": "47173ad04ba2cde173720298792ece4b1b0a1d8cb4d3106df70fd2760b95110c",
"created_at": 1777426958,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.social/@persagen/116485453145756508",
"web"
],
[
"e",
"c119e6c3e8cdee08ca6bfc01ddcc973f513eee277de7c803cc9851344e5aa3a1",
"",
"root",
"47173ad04ba2cde173720298792ece4b1b0a1d8cb4d3106df70fd2760b95110c"
],
[
"t",
"inequality"
],
[
"t",
"billionaires"
],
[
"e",
"ce5b469ed28c778e6fb19111be215fe2ce85485cbc5d77d8df948cd809cfa68e",
"",
"reply",
"47173ad04ba2cde173720298792ece4b1b0a1d8cb4d3106df70fd2760b95110c"
],
[
"t",
"capitalism"
],
[
"t",
"equality"
],
[
"t",
"sustainability"
],
[
"t",
"democraticsocialism"
],
[
"p",
"47173ad04ba2cde173720298792ece4b1b0a1d8cb4d3106df70fd2760b95110c"
],
[
"proxy",
"https://mastodon.social/users/persagen/statuses/116485453145756508",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.social/users/persagen/statuses/116485453145756508",
"pink.momostr"
],
[
"-"
]
],
"content": "... Sam Slick: 🇨🇦 sovereign fund funded by *borrowed* money 🤨\n\nLast fall's federal budget forecast a $78B deficit in 2025–26 and a $65B deficit for 2026–27.\n\nWhen asked directly where the $25 billion comes from, Finance Minister Champagne did not answer directly but said the government's rel. strong fiscal standing internationally would allow it to borrow at favorable rates. 🤨\n\nWealth \u003c--\u003e protects \u003c--\u003e power\n\n#capitalism #billionaires #inequality\nv.\n#DemocraticSocialism #equality #sustainability",
"sig": "dcc186b1ea74fa4798fb986d5f8848ad52f7a52f0d860d1def36f87442acff1f880aba6339f1b4c3441fbe6e7d6358d6511b823d261bc358f1ef83f453616b47"
}