‘Catastrophic Problem’ In Housing: Why Canada's Real Estate Is In Big Trouble | Ron Butler

[@TheDavidLinReport]

Remove your personal information from the web at joindeleteme.com/DAVIDLIN, and use code DAVIDLIN for 20% off Are you selling hour home right now? Subscribe to my free newsletter: davidlinreport.substack.com/ Listen on Spotify: open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: podcasters.spotify.com/pod/show/the-david-lin-report RON BUTLER: Butler Mortgage: www.butlermortgage.ca/ Angry Mortgage Podcast: kzbin.info/door/8vl-_vvvf7VZcxKPJ-v-Xg X (@ronmortgageguy): x.com/ronmortgageguy

[@wheatkingq5592]

People i have homes for sale in Windsor, border ciry to Detroit nevermind those expensive places in toronto Boooo

[@randyhuke3773]

The problem with Canada's economy is that real estate is the biggest sector. It should be no more than 10 or 15 % of the economy !

[@kevinn1158]

This situation has been developing since when we bought in 2003. All of a sudden the gov't said, oh let's allow 5% down and 40 yr mortgages so everybody can buy. They also allowed massive leveraging with HELOCs. So I know dozens of people who bought 2nd and 3rd properties to turn them into rentals. The gov't effectively doubled or tripled demand from investors and flippers. Wage to home price ratios went from 3 to 12-13 in 2 decades. And who made a killing? All of those investors, real estate agents, gov'ts taxing and charging developing fees, developers and banks. The COVID time was just throwing jet fuel on a bonfire. Those people who bought when things were cheap weren't selling and housing supply hasn't kept up. Supply needs to ramp up, land transfer taxes should be replaced with commercial taxes on those hoarding investors, development fees should be lowered, agent's fees should be addressed... (5% of 350k home in 2003 was 17.5k, same house now is approaching 1.8-2mil and the agents are making 90-100k?? LOL). The whole sector is a big fat pig that is dead money being taken away from other more productive sectors. Force a correction already.

[@shelbzillathrilla]

100% correct except for 40 year mortgages? I guess if people push out their amortization when they refinance enough..

[@kevinn1158]

@ they had 40 yr mortgages for quite awhile until they realized people just starting bidding up properties way too much and then they started to pull back.

[@YahyaMarei]

Higher taxes on investors would likely be passed on to renters through increased rents, further burdening those who can’t afford to buy homes.

[@kevinn1158]

@@YahyaMarei They are running a business. And they should be taxed accordingly. And as purpose built rental properties continue to be built these hoarders will be forced out and the properties being sold will come onto the endusers market place lower prices. Many of those "investors" ie landlords are real estate agents and their friends. The whole industry needs a shakedown quite frankly. It's a dirty oligopoly.

[@robd5257]

Awake comment! Also make holding rules if land is not developped within so many years (after 5 years tax x10). Its abusing the inflation in the system by the wealthy

[@edubmf]

David Lin: I've lived 14 years in Montreal and I'm not going to mention organized crime. Why not tell the truth about Canada? > vast influx of international capital from Eastern Europe, Iran, China Organized crime and money laundering. Say it: Canada has fallen.

[@cavelleardiel]

And India. Where I own my condo there are so many Indian restaurants and immigration consultants I don't know how they survive. Also, the community has a huge market of the building of real estate properties.

[@projectdesign4675]

Your mistaken.....there is a quality of Canadian (sigma) that know well what's going on.......if you did any type of deep dive, the media constantly lied about "the Trucker Protest"

[@shelbzillathrilla]

Capitalism loves organized crime and subsequent international investment

[@Mahaveer_S]

​​@@cavelleardielLot of white owned companies have multiple Investment properties. How did that happen? Isn't that Organized Crime?

[@thomasdecato9786]

American here how about the 3 billion US dollar fine on Canadian TD Bank in the US for money laundering! I think along with third party oversize and stopping US growth, these actors showed forced to sell or get OUT of the U S market.

[@JBasics]

Real estate has been overvauled for a long time

[@willowmagi]

Look at the home to gold ratio. Homes are relatively cheap compared to gold. The currency is loosing its purchasing power.

[@John-rw9vm]

Where can I find more info on it?

[@joefuentes2977]

Nope people are just way poorer

[@jamescameron204]

Since 2003

[@CorporateShill66]

At least 10 years, maybe more

[@brianesbaugh6897]

Had no idea you are Canadian. Definitely one of the best “have to listen what is being said” channel out there👏👏👏

[@briansleepylee]

Thanks for bringing Ron on. Always enjoy what he has to say.

[@steinmathisen4928]

Thank you for this. Ron’s assertion that republicans would not want Canada, due to the leftward politics: this landscape is in fact changing as we speak. You might have a different opinion after the next election. I believe Canadians are swinging further right than many are anticipating, having been fully disgusted with liberal failures over a decade.

[@jmc8076]

1. Change who’s in the seat. 2. Blame them when things don’t work. 3. Rinse repeat. Same from the start. Good luck.

[@shelbzillathrilla]

@@jmc8076 the bipartisan reactionary cycle is one of the main reasons I have basically no respect for the intelligence of 70% of my peers

[@rootbeer4888]

too much immigration

[@Doug-zl8nb]

You got that right.Canada is a third world country

[@tokhmi2006]

too much racism

[@shelbzillathrilla]

Canada would collapse without immigration.

[@rootbeer4888]

@@tokhmi2006 how is this racist? That word is losing its affect. Boy that cried wolf.

[@Daniel_Takeda]

I wonder if the Algonquin, Montagnais, Huron, and Iroquois nations shared that thought from 1608. In 1608, Champlain founded the first permanent French settlement in the St. Lawrence valley at Quebec City. Over the next two decades, England, Holland and Sweden also established settlements along the Atlantic coast.

[@graceg2716]

Australia one bedroom , one bathroom and no parking in Sydney $1.2 million ! Now this is crazy

[@fingersm]

Australia has great weather and is gorgeous. Canada is shit

[@YahyaMarei]

Everyone often blames the government, and while there is merit to that criticism, it's important to recognize that People of Canada also share responsibility. Those who bought multiple houses purely as investments, those who willingly paid inflated prices for assets, and those who believed they would become millionaires simply by investing in real estate all contribute to the broader issue. Accountability lies on both sides. The solution lies in allowing people to feel the consequences of their actions. History teaches us that no matter how often the government tries to push the snowball forward, it will eventually collapse. Some financial loss is inevitable and necessary for the system to correct itself. Anything else is simply an illusion.

[@AthleticHobo-br4qh]

If housing prices collapse, wouldn't it give consumers more spending money? Also if it also causes apartment rental vacancies to increase and apartment rent costs to fall,wouldn't it also give renters more money?

[@homerswagman7373]

And David, I have to say, that your skills as a host and interviewer are second to none. You present yourself as pointed, educated and professional. Most of all, you let your guests answer and talk about your questions. Well done sir.

[@zomgoose]

The Canadian banks are not well capitalized. The CMHC (Canadian government) is backing the banks.

[@robd5257]

And the GOC is in debt... to the tune of trillions using Canadians realty as collateral.. All fugazzi

[@lebucheron9815]

And most fixed income investors have no idea that many income funds have CMHC bonds. Someone should do a video about this.

[@reefermadnesss]

Ron is wrong about single family not popping. He is hyper concentrated in the condo market but single family is seeing huge loss right now.

[@MyMemories07]

My neighborhood, only 2 condo properties being built and hundreds of singles.. hmm? Problem is, too expensive

[@redeye1773]

90% over valued

[@edubmf]

Assumptions: price up forever / immigration high forever / rates low forever Fact: Canadian education system is really bad and people cannot think at all

[@shelbzillathrilla]

Unless you’re obsessed with history, why would any education inoculate you from partisan bias and group belonging pressures? People are on autopilot when it comes to partisanism, and social isolation has rendered most people into super vulnerable useful idiots. Even the most intelligent people I know are vulnerable to casual ignorance regarding the historical patterns and forces which shape our geopolitical and domestic political landscapes. Its a hard problem. People genuinely prefer to exchange discernment for alignment.

[@marcoprolo1488]

But you are good at it indeed!

[@jacobrocks7]

So in other words, Canada is screwed

[@nowsherjuyel2944]

I still see toronto detached homes are selling at 2017 price. If you consider inflation, I do not see price increased at all in last 8 years. Two bed bungalows in Scarborough area is around 800k which was the case in 2017 as well. May be new houses are a bit higher. It was about 1600k and now they are 1800k.. one thing to note is, city fees increased 100% in one year.. last year development fee for one new house was 63k and this year it is 138K .. let alone all other fees.. just city takes 200k for one new house.. ! City is not helping at all .. they are money grabbers and taking the advantage.!

[@MrPatrick1414]

Real estate is 60%+ of the Canadian economy and is the real reason BOC is cutting rates even as inflation continues to rise. \ Canadians will be paying more to support the over valued real estate market!

[@Yabadabado1234]

I sold/developed real estate from 2006-2018 in the east end of the GTA and I can tell you the governments constant decisions to prop up a market correction over and over has come to a head. 2-3 corrections have been intercepted for political reasons in the last 20 years.

[@libertyordeath8351]

Money Laundering is a big factor!!! Empty Real Estate! Used as a Storage of Wealth.

[@brian6x]

So is it a good time to buy a house or should I wait?

[@rustyscrapper]

Depends where you are. If a house is 400k or less that's fair value. Toronto, Vancouver, certian cities are too overpriced. Rule of thumb is, if it's cheaper to buy then rent, it's likely a good buy. If it's much cheaper to rent instead of buy, just keep renting.

[@my0.02cents]

David your a goat. been listening to this guy for yers. He really knows his stuff.

[@drajdew1664]

Even single family homes would go down Just wait

[@Zoivod]

Guys, Trump is joking about making canada a state... stop pretending you don't understand the joke here

[@zehntori]

He said US is subsidizing Canada and Mexico. That idiotic statement is even worse than his supposed joke. He clearly doesn’t know what he’s talking about. Lol.

[@brucehecht4984]

Truth. Nobody want to take on Canada. Socialistic country

[@davids2009]

he doesnt want canada...he wants alberta.....hes going to get it.

[@Ufbear37]

@@davids2009i support it as a true Canadian

[@Hightower613]

Tds

[@mikaelkurkdjian]

Great episode David, Ron. Very informative and helpful.

[@investresearch5805]

Hey David, Any chance of getting a Bond Market expert ?

[@Gotdam]

The great state of Canada

[@wilbertwallace6655]

No Canada would not automatically vote democrat. We are about to elect a conservative supermajority, and party politics would change to be more competitive if needed. The Republican Party would simply have to continue expanding their working class coalition. Quebec might end up Republican to maintain independence, some other surprising results could manifest.

[@edubmf]

Montreal is also completely outpriced. Ron is wrong about this. Wages are far lower, taxes are far higher.

[@sfygy32]

550k for a shity 600ft 2 bedroom apartment

[@edubmf]

@@sfygy32 exactly, and both the interviewers know Canada has huge issues with organized crime, yet neither of them mention it once

[@sherylsauder5579]

great show/great guest. thanks

[@DaynaGerber]

Thanks for the breakdown! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@CanadianRealEstateChannel]

Always great insights from Ron!

[@blacswanb1273]

If you are Canadian and own a home but depend on your non Canadian parents to pay the bill, makes no sense. The housing crisis in Ontario is because foreign buyers built over priced condos that were supposed to be secondary income for wealthy foreign investors. These foreign buyers were targeting their own communities by charging them predatory rent prices. A bachelor apartment in Toronto has a minimum of 6 people living in it. There are many apartments available for rent the problem is AFFORDABILITY. There aren't enough hours in the week for a working student to work and afford rent. Sacrifices have to be made, but this government has done was very poor mismanagement. Kingsett is a well known developer in Canada. This developer has many properties that it leaves empty for years. That is another problem with housing shady development that never gets built but given a lot of Tax Payers. I am happy to see the housing market crash in Canada. That is the only people will understand that Canada should never approached the USA style of real estate valuations .

[@shanesteele778]

I agree with Ron on most things but when they were going to open the green belt they were only going to build 25,000 homes no where near they amount needed when 2000 immigrants land in Toronto everyday

[@Jp1904lt]

You understand that was literally a very tiny tiny tiny portion of the useless tree hugging socialist belt right?

[@Mustang85635]

Ron great guy thanks for those great insights as always David nice one

[@roncgc8428]

Canadian household debt just reached the $ 3 trillion mark. Canadian household credit card debt is at the highest level in history. Bloomberg and the IMF as examples have called the Canadian real estate bubble the biggest in the world. Household income versus average house prices in Vancouver are at multiples of 22. The idea multiple is 4 to 6. The BoC is doing everything it can to save the market and it all starts with the CPLie. Sell if you can, buyers keep your hands in your pockets.

[@zevc3591]

Many thanks!👍👍

[@Home123-zj9bb]

MV = PQ is now MV = P(-Q+QE), I rewrote original formula. Q is decreasing and requires a QE velocity added to (-Q) where manufacturing left. The Economist can follow this in the US.

[@VancouverVince]

How about new cities? In BC we have Metro Vancouver. That's it.

[@homerswagman7373]

Great Interview !!!!!

[@fingersm]

Condo crash will pressure home prices alot more. Just like 1999 Homes crashed in 1:2 at minimum

[@mehdikhosh8879]

Thank you, gentlemen.

[@anthonyjackson31]

Would love to see more Canadian topics! This was great to listen to.

[@stephenfermoyle4578]

Ron told us ages ago!! Real Estate has gone long past trouble ..

[@GaryABArmstrong]

Ron's a national treasure.

[@agendabook4489]

"Why is the population getting poorer but the housing market is getting more expensive"? Simple: Canadian currency is being devalued. This causes hard assets like real estate to seem like they are appreciating even though each person has less spending power. This cycle is perpetuated as people take on more housing debt: This debt further depreciates each dollar as these new dollars enter the economy.

[@shelbzillathrilla]

So you’re against 90% of new dollars ending up in the top 1% of wealthy people?

[@edgardogonzalez916]

Uncontrolled immigration caused an exponential demand on housing exceeding available supply. So it is of no surprise that prices for houses and rentals in the GTA and other provinces skyrocketed - thanks to Trudeau

[@shelbzillathrilla]

When a third of housing sales are to “investors” - is not a 33% artificial increase in demand more inflationary than the 5%(?) additional demand from immigrants?

[@slongiye]

@David Lin: Around the 31:33, Ron mentioned mortgage arrears for Canadian banks are below U.S. mortgage arrears. But I read that the shadow banking industry in Canada has grown immensely since the 1990s. So could it be possible that a lot of mortgage arrears are hidden and happening there?

[@marcoalbanese8221]

Great show guys!!

[@lebucheron9815]

You bought a house 10 years ago and sitting on a huge paper gain. Did you win? Not if you have a kid. Your kid, unless he becomes a doctor, will be buying a house 18 times his salary 🤮. This is what happens in cities that don't control growth. High Growth is not a good thing.

[@bapa8426]

good job David with some canadian content, dont forget roots!

[@bobboberson5755]

Banks are never in trouble until they are...

[@stuomsen5094]

exactly good point

[@robindorey327]

ITS NOT THAT REAL ESTATE WENT UP .....ITS YOUR CURRNCY WENT DOWN

[@izzy2116]

Ron is such a pumper, he's got skin in the game. Houses haven't already dropped to their max in BC. Inventory will rise this year by summer 2025, many people will default, most people do not have the money to pay for this over valued homes.

[@marihutten]

OMG, two of my favourite Canadian finance youtubers together.

[@jamescameron204]

Ron said China and IRAN are buying up homes,,,,IRAN,,, do you think it's Iran buying up homes and immigration or is it India/Punjab? 10:33

[@MontenegroRealEstate]

Over vauled? Over valued? Check the thumbnail 😊

[@TheDavidLinReport]

Thanks

[@willyfrancis4234]

Don’t you see clearly that Canada needs a leader who has some sense to govern in a way economy drives the economy. The way Canada is performing, even an outside nation and an incoming president elect had the balls to say Canadian President is not the right person on the seat to take this country for the future. Major changes are required in Canadian government ato save Canada. 🇨🇦 Get rid of the present government as they have lost all support of its people. Also our neighbour does not address our leader with respect! It’s scary

[@guitpizz]

The man is wrong. There might be an official 50 000 immigrants a year in Quebec, but it has never been respected. I left a long time ago but in my small town of 18,000 there are now over 2000 immigrants... 500 km east of Montreal. Most came in as workers but stayed. No real issues with them per se. I am just stating the numbers. They seem to be working and productive.

[@patrickcowan8701]

Less than 1% make over a hundred thousand a year.

[@frankiefaithful]

The only way for Canada to survive as a country is for home prices to have a significant crash.

[@SuperAndriukas]

Please can you talk with people about Europe Economy also, to your European fans .Thanks Big fan 👍🏻👍🏻👍🏻👍🏻😊

[@trapOrdoom]

Okay you got Uncle Ronnie!!

[@randyandtheretreads3144]

From what I heard the bubble only applies to condos not detached houses or townhouses. Their prices should keep increasing (low supply, high demand? maybe not so high given recession/depression coming)

[@danyshampun5495]

Maybe after the million of students and temporary workers get deported hopefully young people will be able to buys houses again

[@sukhpalsandhu5695]

There were 1,40,000 real estate insolvencies last year as per stats Canada, this process continues, and there are many borrowers who increased their amortizations between 30 to 80 years in the past otherwise insolvencies would have alarming numbers . More than 60% inventory is occupied by investors and many investors have negative cash flow. Many people loosing jobs and disposable Income is decreasing. People have no affordability with cards and lines of credit full. As Ron said if trump impose tariffs our GDP will come down by 3%. With tariffs unemployment and inflation both will increase. 1.2 million mortgages will renew in 2025 at higher than previous historical low rates. Affordability is already low, It will effect the real estate market.

[@treaty8631]

Exactly...job loss equals house losses

[@brucehecht4984]

Those figures are terrible. Lower than Dallas Tx. For the entire country of Canada.

[@gouki1231]

At this point, they should just keep Trudeau in office to witness the disaster he’s created when everything falls apart. Don’t leave your mess for someone else.

[@CallPaula4RealEstate]

Here is what is planned to happen. New owners needing to rent out their basements or main floors to cover their mortgage. A few years with this, then, mass condo supply is coming. Cheaper than rent, renters will be conned into the pyramid scheme, and buy a place. Then those needing more money for huge 25 year mortgages. Will loose their million dollar mortgaged home. Due to affordability. And there you have it. If, its foreign owners then I'm all for it. But collapsing our 15 year Canadians is a crime.

[@katethegardener]

I disagree with homes not being built in 2024 in Ontario. I bought a new build in August 2024. Mind you it is 40 min from city but there are many builders in this area building and a lot of people who work from home don't mind commuting. Look outside of city if you can there are homes being built.

[@rjkrjk8344]

Many of the homes you see being built were sold a couple of years ago. Many can't get mortgages for them or burning them down to delay closings. It's dead everywhere.

[@brianponcelet3529]

Fantastic guest talked him recently. Everything you want to know about “Dog Crate Condos” in Toronto Ron knows. The condo market is just starting to go down with years of pain ahead.

[@GreenBeanGreenBean]

Ron doesn't know what he is talking about. Condos are outperforming (spread between houses and condos is shrinking... so either condos goin up or houses goin down).

[@Mustang85635]

@@GreenBeanGreenBeancompletely false. Condos down 20-30% in the GTA as he said and will continue to go down. Everything he said in this video is 100% true

[@GreenBeanGreenBean]

@@Mustang85635 100% false, say no to drugs which you are clearly on. Condos have outperformed (still closer to peak pricing)...and the price gap is down to a low of 750k from a high of 950k, which means houses are down or condos are up. The vast majority of power of sales are houses literally because the huge debt load it takes to buy a house. Everything Ron said was provably false lmao. Say no to drugs plz

[@GreenBeanGreenBean]

@@Mustang85635 completely false, spread between housing and condos in gta is down to 750000 from 950000 so either houses are down or condos are up.... and yea condos are still near peak pricing. (in fact in Vancouver condos are above 2022 peak prices) everything Ron said was literally not a thing lol

[@GreenBeanGreenBean]

@@Mustang85635 completely false, difference between gta houses and condos are down to 750k spread from 950k ... so houses goin down or condos goin up... and condos are still close to 2022 peak pricing. Vancouver condos already above 2022 peak.

[@shelbzillathrilla]

Right wing Canadians: “Ignore greed and misaligned financial policies- No homes are being built!” Also right wing Canadians: “I pay my employees as little as possible. Also there are Too many immigrants!”

[@martintremblay2581]

This was a great podcast. I really enjoyed it.

[@Jordy8874]

Toronto is a bubble - talk about other cities

[@Theklanhu]

XAI84W$ and SHIB about to dominate headlines. Everyone will FOMO once they see what’s coming!

[@fp2687]

Thank you David for cdn content ❤

[@harism2001]

Prices are normal/fine cuz cad has become toilet paper

[@ermon20]

Ron is not speaking for majority of Canadians. Like Trudeau he can’t stand Trump trolling 🤣. Trudeau is a narcissist and weak leader.

[@TrudyBraiden22]

Ron is on glue. Canadians are NOT democratics. I live in Kelowna, a total Trump supporter.

[@davids2009]

we have had 9 plus years of democratic (socialism) of pain.... no end in sight

[@CuratedFinance]

Donald Trump is literally a Democrat. Always has been. So is Musk, Kennedy and Gabbard to name a few. The Democratic party left them and went to Marxist town. Just like the Liberals, NDP and Green parties in Canada. CPC is the liberal party of a few decades ago. PPC is the old conservative party.

[@debbielockhart7762]

Well, there are some dumb Canadians who support Trump - but most know he's a tit.

[@donm2067]

I guess you missed the castanet report where all the older boomers were crying about Trump winning. The tears were delicious

[@Helen_white1]

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

[@DhanaPayar]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@Michaelparker12]

The new mortgage rates are crazy, add to that the recession and the fact that mortgage rules are getting more difficult, and home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. For now, get your money (as much as you can) out of the housing market and get into the financial markets or gold. If you are at a cross roads or need honest advice on the best moves to take now, it is best to seek an independent advisor who knows about the financial markets.

[@berniceburgos-]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@Michaelparker12]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Agatha.wayne0]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@TrudyBraiden22]

Great interview.

[@ChrisMCP2]

CAD is going down, prices are going up.

[@esotericcommonsense6366]

Canada is so cooked😂 You people can't even acknowledge the elephants in the room.

[@Noheatcooltech]

RON 😂 that’s 3 shows, you’re going crazy

[@mrNashmann]

butler is the best

[@johnnycroat]

Ron Butler 100%

[@parkerw.2155]

When you take something that was said as a lighthearted comment or joke, and then you turn it into an entire serious response as if that person was advocating for something it makes you look stupid.

[@MahmutHatice-i4d]

What is price prediction of $XAI600K

[@eh7599]

The everything bubble is everywhere

[@ElectronicWasteland-p2x]

A spike in unemployment will collapse our real estate market regardless what the rates are. The affordability multiples on valuations are in fantasy-land territory right now meaning the intrinsic price supports of price:rent and price:income are at minimum 50% off prices in most Canadian cities. A 25% tariff on Canadian goods in the USA is as clear a "black swan" moment as any to an economic depression in Canada.

[@DilekUmit]

I see XAI600K$ everywhere. Could someone help explain what XAI600K$ is?

[@Bigern2998]

Donald Trump can be loud and obnoxious but Trudeau has the intelligence of fruit fly. The US is in better hands.

[@cs3818919]

Vancouver is a stagnant real estate market since 2017? Haha I guess this guy doesn't look at charts. Prices have literally doubled in that time. I'm not sure we should listen to this guy.

[@kiyoshitakeda452]

Thank you both.

[@NejdetUlkuhan]

$ONDO and $XAI600K will reign supreme in this cycle $XAI600K will move much faster than Solana. Youre welcome.

[@marcoprolo1488]

Trump does not say he wants Canada or Mexico to join the US. He says if they want to be subsidized, they will have to become a US state, and he obviously does not want that. What he says is USA will stop subsiding both countries. Your analyst is failing on purpose to pass the main message. Not sure why you play these games with people that don't have the time or analytical tools to decipher for themselves.

[@ericarseneau1904]

Very interesting interview. Should make him a regular.

[@wethenorth269]

Ron is an idiot. You know that he was being facetious about Canada being a state of America. He meant that we’re taking advantage of them and that there needs to be serious changes to that. If not, Canada might as well be a state of America…..sarcastically.

[@ironhawk70]

Why does he have toilet seats in the background?

[@Yusufiklil-s4l]

I guess I am ultra risk lover. Even though I don't hold meme coins, I only hold XAI600K$ and ETH . Fingers crossed 🤞 🤞