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Posted

Our economy sucks because it's geared towards the stinking rich.

Your comment about government interference is spot on.

I agree and will add yet one more reason... Our economy is unconditionally dependent up the U.S. economy and their one-way trade agreements which are anything but fair. Historically they have screwed us in seven different ways and counting.

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Posted

I agree and will add yet one more reason... Our economy is unconditionally dependent up the U.S. economy and their one-way trade agreements which are anything but fair. Historically they have screwed us in seven different ways and counting.

If that's true, why does Canada keep doing it ? Kick the U.S. to the curb and find a better date.

Economics trumps Virtue. 

 

Posted

Just filled up my car gas tank @ $0.78 a liter.

I love this economy!

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

Just filled up my car gas tank @ $0.78 a liter.

I love this economy!

It's .29 cents a liter in Algeria. Do you love Algeria too?

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted

Local winery just signed a $multi-million contract with China. The weak Canadian dollar has advantages. Our area depends on tourism for much of its economy. We are expecting a very successful tourist season this year with reservations significantly up from last year.

I love this economy!

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

A big resort where I live is not opening this year. Everyone's been laid off and it's shut down. I'm not surprised really, there was never any reason to think sport fishing wouldn't start feeling the hit of dwindling fish stocks too. There's only about 50 commercial fishermen left to blame for this so it must be greedy native fishermen, killer whales and sealions.

There's no way it could be due to Ottawa washing it's hands of BC's salmon and not investing in fish habitat, building hatcheries, and protecting the environment when it could have made a difference 25 years or more. Oh well, I guess it had to do something to pave the way for fish farmers.

I mock this economy.

A government without public oversight is like a nuclear plant without lead shielding.

Posted

The economy is what it is. No one country can greatly influence world trends. We have decided to negatively effect the Canadian economy by applying sanctions to various countries. Every sanction impacts negatively on our economy.

Canada currently has sanctions on:

Belarus

Burma
Central African Republic
Côte d'Ivoire
Democratic Republic of the Congo
Egypt
Eritrea
Iran
Iraq
Lebanon
Liberia
Libya
North Korea
Russia
Somalia
South Sudan
Sudan
Syria
Tunisia
Ukraine
Yemen
Zimbabwe

http://www.international.gc.ca/sanctions/countries-pays/index.aspx?lang=eng

The easiest method to destroy an economy is to believe that it is going into the toilet. If to-morrow morning, JT announces that world economic indicators describe a coming depression and that everybody should divest themselves from investment a and put their money under their mattresses then the economy would collapse.

Longitudinal data indicates that when one section of the economy takes a hit then the other benefits. Like if a series of ups and downs. I believe that the secret is to take advantage of the ups and prepare for the downs. Complaining seldom serves any positive purpose.

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

The economy is what it is.

How profound.

And I wonder if you think everything is so hunky dory why you aren't opposing Trudeau's plan to run up a whopping big deficit in order to spur the economy.

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted

Did you people know that the countries that export oil are still exporting oil and that also including the US. So how is the price of oil suppose to rise if these countries are adding to the problem? So much for the Canadian and US relationship. BTW....has anyone heard that Canada may bring back the production of the ARROW or is it coffee shop talk?

Posted

The economy is what it is. No one country can greatly influence world trends.

Governments can influence local economies by allocating local opportunities in a way that benefit a small handful of local people far beyond what their neighbours enjoy. It happens all the time and the problems it's causing will wreck much of the economy around the world, for the same reason.

Are you of the opinion this just isn't occurring or something that will fix itself?

A government without public oversight is like a nuclear plant without lead shielding.

Posted

... Are you of the opinion this just isn't occurring or something that will fix itself?

Thank you for the question.

I am of the opinion that the world economy is cyclical. National economies follow global trends.

I am of the opinion that none of these "economists" have the answers. I read where different economists have very different views and forecasts and are still honored with Nobel Prizes while disagreeing with each other.

I am not sure what a "fix" would be. I assume that some people feel that the 1930's was an inevitable result of the way people dealt with wealth. What will be will be. If I knew exactly what causes these cycles then I would share it with you. I do not.

I do know that if you fixate on what is wrong or getting worse then you miss what is right and the sheer pleasure and exuberance to realize that you live where you do and under the conditions that you do. You will never starve to death. You will not die because you cannot afford medical help. If you have initiative, intelligence and a work ethic you will fulfill all your wants - because your needs are guaranteed.

I have always believed to worry about only things which you can influence. For the rest, try to read what is coming down the line and adapt accordingly.

Canada, what a wonderful place to live!

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

Apparently we're talking about two completely different things.

Canada, what a wonderful place to live!

Enjoy it while you can I guess.

A government without public oversight is like a nuclear plant without lead shielding.

Posted (edited)

I have always believed to worry about only things which you can influence.

Me too, along with believing that includes standing up to bullies. Edited by eyeball

A government without public oversight is like a nuclear plant without lead shielding.

Posted

Thank you for the question.

I am of the opinion that the world economy is cyclical. National economies follow global trends.

I am of the opinion that none of these "economists" have the answers. I read where different economists have very different views and forecasts and are still honored with Nobel Prizes while disagreeing with each other.

I am not sure what a "fix" would be. I assume that some people feel that the 1930's was an inevitable result of the way people dealt with wealth. What will be will be. If I knew exactly what causes these cycles then I would share it with you. I do not.

I do know that if you fixate on what is wrong or getting worse then you miss what is right and the sheer pleasure and exuberance to realize that you live where you do and under the conditions that you do. You will never starve to death. You will not die because you cannot afford medical help. If you have initiative, intelligence and a work ethic you will fulfill all your wants - because your needs are guaranteed.

I have always believed to worry about only things which you can influence. For the rest, try to read what is coming down the line and adapt accordingly.

Canada, what a wonderful place to live!

Yeah who needs economists involved in the govt anyway, the budget will balance itself. Or run big deficits, what does it matter?

Predictions lately that Trudeau will run deficits totaling $90 billion over his term in office(first term).

I'm going with $150 billion. Your estimate?

Science too hard for you? Try religion!

Posted (edited)

Yeah who needs economists involved in the govt anyway, the budget will balance itself. Or run big deficits, what does it matter?

Predictions lately that Trudeau will run deficits totaling $90 billion over his term in office(first term).

I'm going with $150 billion. Your estimate?

I estimate that it will be whatever it will be or what this elected governments decides it will be. The sky will not fall. Some people will be happy because they will benefit from government spending and others will be unhappy because they did not benefit. Conservatives will damn the Liberals and the Liberals will damn the Conservatives. The NDP will pick their shots and the Bloc will blame confederation. The next government will have its own problems complaining that the previous government created these problems.

People who make good financial decisions will do well and those who do not make good financial decisions will not do so well. No Canadian will die because he/she did not have enough available to eat. No Canadian will die because they were refused medical assistance.

Those young people who are well educated and have a good work ethic will do very well. Those skilled workers who move to where their skills are most needed will do well.

Canadians will still be given the choice to take advantage of a free education to the end of grade 12 and all kinds of scholarships for post secondary education.

Some people will harp no matter what happens.

Canada, what a wonderful place to live.

Edited by Big Guy

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

Government policies here and around the world will continue to favour the already wealthy, and in the process sink the economy by exhausting the natural and social capital that under-write its existance.

A government without public oversight is like a nuclear plant without lead shielding.

Posted

Ah yes existance. Hey now you spell like me Eye or is that Oye. Ina ny event your in depth explanation that its all the fault of rich people

was insightful. Thanks it explains everything. Lord to think I thought China had something to do with it or Saudi Arabia flooding the world markets with cheep oil to crush its competitors who were producing tar sands and shale extracted oil or Obama initiating a flood of oil production to try undermine the Russian economy based on a theory his Middle East advisor Zbigniew Brezinski has been touting since the early 60's.

No no no, its some rich person's fault. Go on Eye spit it out, give us the name of these rich people. Please. Hey start with Josh Donaldson, The Blue Jays gave him 2 years at 29 milllion. I blame him.

Posted

I blame the inspirational amounts of money rock stars started making in the 70's.

A government without public oversight is like a nuclear plant without lead shielding.

  • 1 month later...
Posted

With revelations about offshore tax havens and cash-for-access to Liberals fresh in our minds now seems like a good time to give this thread a bump.

Told you so.

A government without public oversight is like a nuclear plant without lead shielding.

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