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BowTied Fullstack's avatar

Should anyone find this compelling enough to change their capital allocation decisions?

I'm not sure "elbows up" as an investment thesis is the most rational given Canada's structural problems which don't have any easy or likely solution (productivity, no political will to develop pipelines & resources, continued brain drain, capital flight, coming currency crisis from debt levels...).

Investing in Canada is a falling knife catching exercise until there is a viable and likely path to solving structural handicaps. No amount of throwing good money after bad will change that.

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