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LinkSoul60

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Everything posted by LinkSoul60

  1. I'm on the other side of that argument.... IMO we keep working towards lower emissions and accept the fact there is a shorter term cost to that.
  2. Bang on... no easy answers here. The challenge/problem the Federal government has is the ~500K people directly or indirectly employed in the sector, which is also a Big 3 and others problem. EV or ICE, I can't believe that there won't be a mutually beneficial agreement before long with the US. It's hurting them and us and at some point common sense will prevail.
  3. In this comment, only ~30% of the people are reasonable. The other ~70% are unreasonable believing we need to address man-made climate change. It's an upside down world....
  4. Interesting scenario with auto industry.... Have thought of that possibility with China, but can't see how the Canadian auto industry would benefit with Chinese vehicles coming into our market. End of the day there are too many multi-billion dollar investments in Canada and the NA auto industry to walk away from because of Trump's asinine policies. Only a matter of time before this is sorted out as he tries to save face.
  5. Can't argue stupid. You're living proof of that little man....
  6. Hold tight Carney... The fat Orange Man will TACO out before too long.... his aimless supporters will be crying louder as the mounting pressure from inflation takes shape and Canadian's continue to say F*ck You to the US and our money spend in the country. Add Vegas Baby casino owners to the list of business CEO's who have a problem with Trump's so-called policies... So much fun! Las Vegas is hurting as tourism drops. Are Canadians behind the Sin City slump? The number of Canadians going to Vegas has plummeted — prompting concern among casino CEOs "International visitation has been an issue," Hornbuckle said. "Particularly earlier in the year, with Canada, we host a lot of hockey games, and we saw visitation down. And I think — I don't think, I know — it's still down," he said. https://www.cbc.ca/news/world/las-vegas-tourism-canadian-slump-1.7607707
  7. Can't say I enjoy seeing my portfolio take the hits as Trump's ill-advised tariff plan work it's way to the US consumers wallets, but it does add a laugh to my daily early morning reads... Producer prices rise most since March 2022 in July, blowing past estimates Aug. 14, 2025 8:32 AM ETBy: Max Gottlich, SA News Editor 5 Share Save Play(3min) Comments (117) The U.S. Producer Price Index rose 0.9% M/M in July, surpassing the 0.2% increase expected and June's unrevised flat reading, according to data released by the Bureau of Labor Statistics on Thursday. On a year-over-year basis, wholesale inflation accelerated to +3.3%, well above the +2.5% consensus and +2.4% in the earlier month (revised from +2.3%). That's the largest increase since February's 3.4% rise. Stripping out volatile food and energy costs, core PPI also jumped 0.9% sequentially in July, vs. +0.2% consensus and 0% prior (unrevised). The core measure climbed 3.7% Y/Y in July, vs. +2.9% consensus and +2.6% in the previous month (unrevised). In a sign that tariffs are starting to drive up wholesale prices, headline and core PPI each rose by the most since March 2022. The key takeaway from the hot PPI data is that "US corporate margins are going to thin which creates the conditions for inflation to be passed along downstream to American households," said Joseph Brusuelas in an X post, signaling pressures on consumer prices going forward. Within final demand, over three-quarters of the broad-based increase in July can be traced to the index for final demand services, which drifted up 1.1%. Prices for final demand goods gained 0.7%. On services PPI, more than half of the July increase was attributable to margins for final demand trade services, which surged 2.0%. Some 30% of last month's advance in services prices can be traced to margins for machinery and equipment wholesaling, which jumped 3.8%, the BLS said. Conversely, prices for hospital outpatient care slid 0.5%. "Producers have increased prices above costs, which means they have room to pass on the costs of tariffs down to buyers," Renaissance Macro Research wrote in an X post. For final demand goods, 40% of the broad-based gain in July can be attributed to the index for final demand foods, perking up 1.4%. Also, one-quarter of the increase in goods PPI can be traced to a 38.9% surge in prices for fresh and dry vegetables. On the other hand, prices for gasoline retreated 1.8%, and the indexes for canned, cooked, smoked, or prepared poultry and for plastic resins and materials also fell. "Tariffs raise import costs, and wholesalers/retailers often hike markups to protect profits—pushing PPI “services” higher," noted Michael McDonough, chief economist, Financial Products at Bloomberg.. Less foreign competition can also lift U.S.-made goods prices, so both goods and services PPI can climb even without stronger demand
  8. Congrats 🤡 Quite the rant... You sound like a proud right winger.
  9. I can only say what I've said so many times and can't add a lot more. My opinion isn't going to change... It's amusing that people get worked up about this. If they were taking away more than a walk in the woods I might sympathize with you, but they're not. I really don't see that as an infringement on my rights and if walking in the woods was my thing, I'd find somewhere else to walk until the restrictions were lifted.
  10. A core function of government is protecting the well-being and security of its citizens. That includes the miltitary, law enforcement, emergency services, health services, etc.... and in this case putting restrictions in place. That's not a law, it's what we entrust governments with and to make those decisions on our behalf.
  11. No, I don't understand that idea. Man-made climate change is unequivocal.
  12. Not sure where I said that... Did your helmet go on too tight?
  13. I'll assume then that you're not located where fires are burning. Enjoy the day outside... just be safe and make sure the helmet is on tightly 👍
  14. Agree... labels are irrelevant when policies impact everyone. Country specific tariffs didn't go into full effect until August 7 and with companies stockpiling materials, the impact hasn't been seen yet with the materials/goods still not through the supply chain. Also don't agree with the broad policy and like most have a vested interest in a stable economy so certainly not hoping for doom and gloom. The net impact of tariff inflation aside, the longer term impact is the heavy hand with allies and trade partners that will be felt for years and decades to come as countries better diversify their trade. Rates won't shake out until there is more clarity on tariff impact.....
  15. If you go outside today, be sure that your helmet is on properly.
  16. Sure you can. Trump is doing it daily.
  17. Obviously there is not a definitive timeline. It's also obvious to the vast majority of scientists that climate change is real and is a continued threat. Guess I was right in assuming you had no children or grandchildren. That's probably a good thing for the kid and society in general, but let's assume you did and let's assume your political bias around climate change is incorrect and in fact it's a crisis.... Would you care about the world you leave behind to your children and grandchildren, or would you not? The science is unequivocal.... Not only in this thread, but you keep reminding me of what Neil DeGrasse Tyson had said; How sad it must be- believing that scientists, scholars, historians, economists, and journalists have devoted their entire lives to deceiving you, while a reality TV star with decades of fraud and exhaustively documented lying is your only beacon of truth and honesty. He is so spot on....
  18. The lady and her husband sure know how to pick stocks.... Keep Nancy Free!!
  19. Manufacturing activity slows.... wonder why? Stockpiling of materials and components just delays impact of tariffed product and hit to American's wallets....but it's coming. U.S. manufacturing slowdown drives drop in global supply chain activity Aug. 13, 2025 9:17 AM ETThe Industrial Select Sector SPDR® Fund ETF (XLI)By: Rob Williams, SA News Editor 5 Share Save Play(2min) Comment (1) Global supply chain activity contracted in July as U.S. manufacturers sharply reduced purchases of materials and components after stockpiling in June ahead of the expiration of a “tariff pause,” according to the GEP Global Supply Chain Volatility Index. GEP Global Supply Chain Volatility Index fell in July (GEP, S&P Global) The index fell to -0.35 from -0.17 in June, indicating greater spare capacity worldwide. North America saw one of the steepest declines, with its reading dropping to -0.33 from -0.06, reversing a sharp June uptick driven by front-loaded orders to sidestep potential tariff changes. “When we remove companies’ front-loading inventories and rerouting goods to avoid tariffs, the underlying picture points to slowing manufacturing demand worldwide,” John Piatek, vice president of consulting at GEP, said in a statement. “The July data shows a clear pullback in orders, with U.S. manufacturers preparing for lower demand going forward.” Regional trends Asia’s purchasing activity stayed slightly below trend, with weakness in Japan and South Korea offsetting a rebound in China’s factory buying. Europe’s industrial recovery faltered, as its index dropped to -0.30 from 0.01, with Germany’s growth slowing. The U.K. posted a sharper contraction, with its reading falling to -0.58 from -0.41. Category Insights Inventory stockpiling eased, suggesting little concern over supply disruptions or price spikes. Labor capacity and transportation costs remained stable, showing no signs of inflationary pressure. The GEP index, which is produced with S&P Global and is based on surveys of 27,000 companies in more than 40 countries, measures how much supply chain capacity is being used. Positive readings indicate stretched capacity, while negative figures show underutilization.
  20. Spot on and no more complicated than that.... The Incapable Orange One says he wants tariffs he gets them. But of course Carney caved here, because of this long running dispute. F*ck Trump. Just another category they're highly dependant on so let him keep screwing them over with more inflation.
  21. On queue.... revert to being the little *sshole you are. It's all you got. Coward of what... your lack of intellect? Go away little man....
  22. No dispute from me. It's fact. The real concerning part is that globally, the 10 warmest years on record have all been in the last decade...2015 through to 2024. https://earth.org/2024-hottest-year-on-record-marks-decade-of-deadly-heat/
  23. So where are we with this back and forth.... Canada had low death and infected rates yet things could have been done better. Okay. I wasn't around in 1920 for the influenza pandemic and guessing you weren't either. I did forget about the H1N1 though. HIV/Aids is primarily transmitted sexually or through sharing of needles so that's easier to mitigate. If it's going to continue that our government has forgotten and disregarded lessons learned with no facts at all to substantiate, I'm tapping out. And I'm only saying 'hope' because of what I just said.... I'd 'hope' that we learned lessons, but neither I nor you have any facts to back anything up.
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