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Good Debt, not Bloody Likely

Good Debt? Not Bloody Likely

The Big Cajun Man asserts there is no such thing as “Good Debt” and criticizes experts who claim otherwise. They insist all debt is detrimental, comparing the concept of ‘Good Debt’ to the illogical idea of ‘Good Car Accidents’. Regardless of the purpose or economic benefits often presented in defense of debt, BCM emphasizes it always negatively impacts the individual, equating it to stealing from one’s future self. BCM encourages a mindset of despising and quickly eliminating debt.

Canada Inflation June 2012 by ChatGPT

June 2012 CPI Update: Inflation Up, Electricity Surges in Canada

In June 2012, Canada’s Consumer Price Index rose 1.5% year-over-year, a modest increase led primarily by higher costs for electricity and passenger vehicles. Surprisingly, gasoline prices declined, while electricity surged 5.9% due to rate hikes in Ontario, Alberta, and B.C. The Bank of Canada’s core inflation index climbed to 2.0%, matching its policy threshold and signaling potential future interest rate changes. This post includes full Stats Canada CPI tables and a breakdown of which sectors saw the most price movement. Though the data is historical, it remains valuable for understanding how inflation drivers shift over time and how energy costs can influence broader economic policy.

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