This guy was on the CBC a few months ago and I was basically screaming at my radio.

One choice portion of the show was when the interviewer (who was lapping it up) asked what would be a good alternative to the stock market. He proposed bonds. He even went so far as to say that bonds would reduce the amount of volatility we see in the economy by reducing the impact of the "expectations market".

Yes. Replacing equity financing with debt sounds like a reasonable solution to reducing volatility.

What an absolute fraud.