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Mark Carney- Always Wrong About Everything · Radio Baloney - The Richie Baloney Show!

• 0:03
  Speaker 1: So this is posted by the parody account. Fake Mark
• 0:06
  Speaker 1: Kearney says in January, I said we'd never caved to
• 0:11
  Speaker 1: the US. I caved. I also said their inflation and
• 0:16
  Speaker 1: interest rates would go up, but they've gone down. I
• 0:20
  Speaker 1: said they'd have negative economic growth, but their economy is booming.
• 0:24
  Speaker 1: I am the world's worst economist. Well, let's hear what
• 0:27
  Speaker 1: he had to say.
• 0:28
  Speaker 2: Mark Corney, thanks for joining us. What is your reaction
• 0:31
  Speaker 2: to the White House's confirmation of twenty five percent tariffs
• 0:34
  Speaker 2: against your country?
• 0:35
  Speaker 3: Well, look, I think President Trump probably thinks that we
• 0:40
  Speaker 3: in Canada will cave in, but we're we are going
• 0:43
  Speaker 3: to stand up to a bully. We're not going to.
• 0:45
  Speaker 1: But we did though, didn't we? You did, Mark Kearney.
• 0:48
  Speaker 1: You did in a.
• 0:50
  Speaker 3: Back down where United and we will retaliate.
• 0:55
  Speaker 2: And the effect of this on the US and on
• 0:58
  Speaker 2: Canada economically.
• 1:00
  Speaker 3: Well, ultimately, the steps that the President is taking against Canada,
• 1:06
  Speaker 3: contemplating I guess as well against Mexico, China, others, and
• 1:10
  Speaker 3: threatening the world are going to rebound negatively in the
• 1:13
  Speaker 3: United States. They're going to hit growth, they're going to
• 1:15
  Speaker 3: move up inflation, they're going to raise interest rates, they're
• 1:18
  Speaker 3: going to damage the US's.
• 1:20
  Speaker 1: But are they? But are they? Let's take a look.
• 1:24
  Speaker 1: Let's see, so we have that inflation. So let's take
• 1:30
  Speaker 1: a look at headline inflation. That's all items. So as
• 1:33
  Speaker 1: we can see here, well we can see here. I
• 1:36
  Speaker 1: mean like it hasn't right, So no, it hasn't affected it. Right,
• 1:42
  Speaker 1: there's two point seven percent, So no, it's it's it's
• 1:46
  Speaker 1: actually just fine. Right, what was it tier September twenty
• 1:50
  Speaker 1: twenty three, three point seven percent? Well here June twenty
• 1:54
  Speaker 1: twenty two, nine point one percent. So no, I mean,
• 1:57
  Speaker 1: it's it's going actually just fine, not a problem there
• 2:01
  Speaker 1: at all. Let's see interest rates. Nope, it's just the same.
• 2:06
  Speaker 1: They've stayed the same. And in fact, the announcement is
• 2:08
  Speaker 1: that it's going to there's just an announcement it is
• 2:10
  Speaker 1: going to go down. What do we have here gross
• 2:13
  Speaker 1: domestic product growth? Well, you can see quarter one there
• 2:17
  Speaker 1: was some actually negative growth there, but that's not you
• 2:20
  Speaker 1: can't blame that on Trump. He just got in at
• 2:22
  Speaker 1: January twentieth. Quarter two looks fine, I mean, is it
• 2:27
  Speaker 1: is it booming like he says in the video? No,
• 2:30
  Speaker 1: but it looks fine. Now, economists economists are saying they
• 2:33
  Speaker 1: expect it to slow down. But I seem to recall
• 2:37
  Speaker 1: every economist being wrong every single time when talking about
• 2:41
  Speaker 1: Trump and the economy, So I'm not I'm going to
• 2:45
  Speaker 1: take that with a grain of salt. So all of
• 2:47
  Speaker 1: Mark Carney's predictions did not come true. Strangely, strangely, Mark
• 2:52
  Speaker 1: Carney's predictions did not come true, and I am the
• 2:56
  Speaker 1: world's worst economist. Well that's not what Rosemary Barton's teleprompter
• 3:02
  Speaker 1: told us. Maybe we should dig into it a little
• 3:05
  Speaker 1: bit more, because apparently none of the teleprompters in any
• 3:09
  Speaker 1: of the corporate media in Canada did dig into it
• 3:12
  Speaker 1: at all. So let's see we better do some of
• 3:15
  Speaker 1: that doing our own research. That apparently so bad. Let's see,
• 3:21
  Speaker 1: apparently when you do your own research, you're just automatically
• 3:24
  Speaker 1: a conspiracy theorist. So I guess let's check out the Telegraph,
• 3:28
  Speaker 1: which I guess is a conspiracy ad newspaper in the
• 3:33
  Speaker 1: United Kingdom. Let's see from Matthew Lynn, Canada is about
• 3:38
  Speaker 1: to discover Mark Kearney is the man with the reverse
• 3:42
  Speaker 1: Midas touch. Oh that's a problem. Now. In fairness to myself,
• 3:48
  Speaker 1: I did show all of these articles in my video.
• 3:51
  Speaker 1: All of this information I'm going to show you now.
• 3:53
  Speaker 1: I did show you in my videos during the campaign
• 3:56
  Speaker 1: and before the election in Canada. For some reason, though,
• 4:01
  Speaker 1: like CBC and Global and CTV, you know those you know,
• 4:04
  Speaker 1: those corporate media outlets that get money from Carney. For
• 4:08
  Speaker 1: some reason, none of them showed this stuff. Weird. The
• 4:11
  Speaker 1: rock star former governor of the Bank of England has
• 4:14
  Speaker 1: left a trail of destruction behind his glossy jobs. I've
• 4:21
  Speaker 1: been saying for a while now that Mark Carney just
• 4:24
  Speaker 1: seems like one of those guys who got into the
• 4:26
  Speaker 1: right school and then made the right friends and learned
• 4:29
  Speaker 1: the right things to say, and then could just never fail.
• 4:32
  Speaker 1: But he just fails up. He'll just be fine because
• 4:36
  Speaker 1: he's in with the right people and it doesn't matter
• 4:39
  Speaker 1: what he does. By the time he left office, Carney
• 4:43
  Speaker 1: had created a mess which his successors have struggled to
• 4:47
  Speaker 1: clear up. Inflation spiked up to a peak of eleven
• 4:50
  Speaker 1: point one percent in the UK, compared to five point
• 4:54
  Speaker 1: two percent in France or eight percent in Italy, hardly
• 4:58
  Speaker 1: a country known for controlling prices effectively, largely because the
• 5:02
  Speaker 1: bank had printed too much and This is largely because
• 5:05
  Speaker 1: the bank, largely because the bank had printed too much money,
• 5:09
  Speaker 1: printed too much money. Now that's what Liz Trustell is
• 5:12
  Speaker 1: about Mark Kearney.
• 5:14
  Speaker 4: Well, Mark Corney was Governor of the Bank of England
• 5:16
  Speaker 4: and under his tenure too much money was printed, which
• 5:20
  Speaker 4: did damage to the British economy and put our economy
• 5:24
  Speaker 4: off track. He at the last election endorsed Rachel Reeves's
• 5:29
  Speaker 4: economic policy. She's now become Chancellor. It's been a disaster
• 5:33
  Speaker 4: for Britain. The country is heading for bankruptcy. So I
• 5:36
  Speaker 4: would strongly recommend not backing Mark Carney or his policies
• 5:40
  Speaker 4: on net zero, which had been disastrous for Britain, would
• 5:44
  Speaker 4: be disastrous for Canada.
• 5:46
  Speaker 1: All of this again, it would have been I think
• 5:49
  Speaker 1: the public probably would have been interested if I don't
• 5:53
  Speaker 1: know the corporate media teleprompters had relayed any of this
• 5:58
  Speaker 1: to Canadian voters, but they didn't. Let's see, it had
• 6:02
  Speaker 1: become far more interested in the climate emergency. So talking
• 6:06
  Speaker 1: about the Bank of England, it had become far more
• 6:08
  Speaker 1: interested in the climate emergency and in pronouns for staff
• 6:14
  Speaker 1: than the old fashioned business of keeping an eye on
• 6:16
  Speaker 1: the amount of risk building up in the system. Let
• 6:19
  Speaker 1: me just repeat that, because this is this is just Carnee.
• 6:24
  Speaker 1: I mean, this is Carnee. Anybody who's taken a look
• 6:26
  Speaker 1: at his book, none of this should come as a surprise.
• 6:29
  Speaker 1: It had become far more interested in the climate emergency
• 6:33
  Speaker 1: and in pronouns for staff than the old fashioned business
• 6:37
  Speaker 1: of keeping an eye on the amount of risk building
• 6:40
  Speaker 1: up in the system. Remind you of anybody The years
• 6:44
  Speaker 1: Carne spent running the Bank were characterized by stagnant growth,
• 6:48
  Speaker 1: stalled living standards and declining productivity. Net zero is driving
• 6:53
  Speaker 1: up energy prices, admits Bank of England official. This is
• 6:57
  Speaker 1: from January ninth, twenty twenty five met zero. This is
• 7:01
  Speaker 1: what Mark Cartney has been championing and had a lot
• 7:04
  Speaker 1: of influence on in England in his time as Governor
• 7:08
  Speaker 1: of the Bank of England. Let's see what do they
• 7:11
  Speaker 1: say here. The Conservatives first instructed the Bank to consider
• 7:15
  Speaker 1: the climate a change which was embraced under who Mark Kearney,
• 7:20
  Speaker 1: the former governor, and it has not worked out very
• 7:24
  Speaker 1: well at all. And this is because at least in part,
• 7:29
  Speaker 1: if not entirely, because of Mark Cartney's policies that he
• 7:33
  Speaker 1: was pushing. So Mark Carney, Mark Carney, how long do
• 7:40
  Speaker 1: we have to listen to this guy for? How long
• 7:43
  Speaker 1: do we have to live with this mistake? We don't know.
• 7:45
  Speaker 1: We're not going to be rid of them tomorrow. I mean,
• 7:47
  Speaker 1: maybe we'll get a no confidence vote sooner than we thought.
• 7:52
  Speaker 1: But even then, it's not a guarantee that he wouldn't
• 7:55
  Speaker 1: just win, and win in a majority anyway because of
• 7:57
  Speaker 1: just what candidate has become. So in any case, yeah, terrible,
• 8:03
  Speaker 1: terrible choice that those of us who didn't vote for
• 8:07
  Speaker 1: him have to live with anyway. That's all I'm going
• 8:10
  Speaker 1: to say about that. Please like, share, and subscribe. Subscribing
• 8:13
  Speaker 1: really helps me out. I thank you for that. I
• 8:16
  Speaker 1: will see you next time.