TreeBeard Posted March 20 Report Posted March 20 Economic collapse is not imminent. We’re doing fine, Chicken Little. Let’s put it into some perspective: 1 Quote
CdnFox Posted March 20 Report Posted March 20 22 minutes ago, ironstone said: How do we compare to our American friends in per capita GDP? https://www.nationalreview.com/corner/ontario-would-be-fifth-poorest-quebec-second-poorest-u-s-state/ Trevor Tombe, an economics professor at the University of Calgary, has written a piece for the Hub about the gap in economic performance between the U.S. and Canada. America’s much-discussed growth slowdown is very real, but the picture north of the border is even worse. “Compared to the same period last year, per capita GDP is now down 2.2 percent. Compared to 2022, it’s down 3.6 percent,” Tombe writes. “As RBC analysts correctly noted, this is a ‘recession-like’ performance.” “A longer historical perspective reveals a striking reality: the gap between the Canadian and American economies has now reached its widest point in nearly a century,” he continues. “The U.S. is on track to produce nearly 50 percent more per person than Canada will.” In a post on X promoting the story, Tombe included a map of U.S. states and Canadian provinces by GDP per capita. The data are measured in U.S. dollars, at purchasing-power parity. It shows that Ontario, home of Canada’s business capital of Toronto, would be the fifth-poorest U.S. state if it joined the union today. Ontario’s GDP per capita is $59,700. Only four states — Alabama ($58,800), Arkansas ($57,400), West Virginia ($56,200), and Mississippi ($49,800) — have lower GDPs per capita. Wow, not so encouraging! It's nothing short of disastrous Quote There are two types of people in this world: Those who can extrapolate from incomplete data
CdnFox Posted March 20 Report Posted March 20 6 minutes ago, TreeBeard said: Economic collapse is not imminent. We’re doing fine, Chicken Little. Let’s put it into some perspective: we're doing very badly, and the numbers speak for themselves But yes we've got africa beat, because that's the bar we should measure ourself against. 🙄 Quote There are two types of people in this world: Those who can extrapolate from incomplete data
Moonbox Posted March 20 Report Posted March 20 On 3/19/2025 at 1:20 AM, CdnFox said: Banker yes, economist no. Maybe you could explain what an economist is, if an Oxford University economics doctorate doesn't qualify you as one. 🤣 1 2 Quote "A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous
CdnFox Posted March 20 Report Posted March 20 Just now, Moonbox said: Maybe you could explain what an economist is, if an Oxford University economics doctorate doesn't qualify you as one. 🤣 It means you have a Doctorate. Which means you've been educated on the subject. But unless you've actually done it it's a bit of a stretch to say you're an economist. A person can learn to fly a plane on simulators and take their test and pass it but you would hardly call them a commercial airline pilot until they've worked for a commercial airline He has worked for central banks. So you can call him a banker. He has worked for global investment firms, so you could call him a globalist or a global investor or the like. But the fact that somebody took something in school 40 years ago does not mean that they are that thing today. And look at you, back here defending the liberals Quote There are two types of people in this world: Those who can extrapolate from incomplete data
Moonbox Posted March 20 Report Posted March 20 (edited) 2 hours ago, CdnFox said: It means you have a Doctorate. Which means you've been educated on the subject. But unless you've actually done it it's a bit of a stretch to say you're an economist. Ah, I see. Perhaps you could then explain what it means to have done what "economist" does, if leading multiple central banks doesn't qualify him? 🙄 2 hours ago, CdnFox said: A person can learn to fly a plane on simulators and take their test and pass it but you would hardly call them a commercial airline pilot until they've worked for a commercial airline Wouldn't you just call them a pilot? 2 hours ago, CdnFox said: He has worked for central banks. So you can call him a banker. What if a pilot worked for a bank, flying the top leadership around in their helicopters and planes? Would you call him a banker, because he works for a bank, or would he still be a pilot? 🙃 Edited March 20 by Moonbox 2 Quote "A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous
Barquentine Posted March 20 Report Posted March 20 13 hours ago, CdnFox said: 30 plus year old quote in a school paper. SNICKER! What's upsetting you? You said it was made up. Now you admit he wrote it, and there's no statute of limitations on hypocrisy. So are you mad because he wrote it or just want to shoot the messenger who brought it to your attention? So it seems not that many people actually liked PeePee or what he was saying. They just didn't want Trudeau anymore. And the more people see PeePee the less they like him. Probably why he won't let journalists on the plane. I'm sorry the last 2 weeks have been so upsetting for you but don't be glum. In political time it's a long way to the election. Maybe PeePee can pull it off. You know, come up with a new slogan or something. 1 1 Quote
ExFlyer Posted March 20 Report Posted March 20 10 minutes ago, Barquentine said: What's upsetting you? You said it was made up. Now you admit he wrote it, and there's no statute of limitations on hypocrisy. So are you mad because he wrote it or just want to shoot the messenger who brought it to your attention? So it seems not that many people actually liked PeePee or what he was saying. They just didn't want Trudeau anymore. And the more people see PeePee the less they like him. Probably why he won't let journalists on the plane. I'm sorry the last 2 weeks have been so upsetting for you but don't be glum. In political time it's a long way to the election. Maybe PeePee can pull it off. You know, come up with a new slogan or something. In the 20+ years PP has been in parliament as a MP and several of those years as a cabinet minister, can anyone tell me what legislation or even proposed legislation that PP has brought forward for Canada... or for anything? He has even voted against affordable housing when he was housing minister LOL https://cupe.ca/pierre-poilievre-it-banks-billionaires-and-big-polluters-not-you 1 1 Quote Everyone is entitled to their own opinion. But you are not entitled to your own facts.
TreeBeard Posted March 20 Report Posted March 20 2 minutes ago, ExFlyer said: He has even voted against affordable housing when he was housing minister This will be an interesting dynamic in a debate. Housing affordability is a major plank in PP’s campaign, although he only has a slogan for a plan and he has always voted against affordable housing legislation and never introduced any when he was Housing Minister. How does he pivot away from being a career politician who has only ever attacked his opponents and not actually done anything constructive? He has no record of actually doing anything positive. “I’m not Trudeau” is no longer a winning strategy. 1 Quote
CdnFox Posted March 20 Report Posted March 20 1 minute ago, Moonbox said: Ah, I see. Perhaps you could then explain what it means to have done what "economist", if leading multiple central banks doesn't qualify him? 🙄 Well there are two things when it comes to the money world, monetary policy and fiscal policy. When you work for a central bank you're worried about monetary policy. When you work as an economist you worry about fiscal policy. So working for a bank is not the same as being an economist. And the Bank of Canada has commented on this about a trillion times in the last few years. Monetary policy is not fiscal policy. Basically he knows how to lower and raise interest rates. Why am i always the one who has to educate you? Quote Wouldn't you just call them a pilot? Technically a kid flying a kite is a pilot under canadian law (seriously, look it up ) but i wouldn't call him a professional pilot or a commercial pilot. In fact thats why you have to have a certain number of hours actually flying after you graduate before you can get your commercial license Quote What if a pilot worked for a bank, flying the top leadership around in their helicopters and planes? Would you call him a banker, because he works for a bank, or would he still be a pilot? 🙃 I would call him a pilot. Piloting is what he did not banking. Carney worked for a bank, and never as an economist. I would call him a banker because that's what he did, never as an economist LOLOL Thanks for making my point for me but honestly it would have been faster if you'd just realized i was right early on 1 Quote There are two types of people in this world: Those who can extrapolate from incomplete data
CdnFox Posted March 20 Report Posted March 20 40 minutes ago, Barquentine said: What's upsetting you? AHhh i see. When people point and laugh at your stupidity your coping mechanism is to pretend that they're not laughing, they're "upset". LOLOL!! Oooops you've "upset" me again Quote You said it was made up. Now you admit he wrote it, and there's no statute of limitations on hypocrisy. So are you mad because he wrote it or just want to shoot the messenger who brought it to your attention? No i didn't, in fact i pointed out that you STILL Haven't cited the document. You've said someone claims he wrote that. What i sais is even if it WERE true you're tying to now claim that a thing he said as a schoolkid is relevant today. Which is hilarious Quote So it seems not that many people actually liked PeePee or what he was saying. They just didn't want Trudeau anymore. And the more people see PeePee the less they like him. Probably why he won't let journalists on the plane. Carney is saying what PP did word for word right now. Soooooo Quote I'm sorry the last 2 weeks have been so upsetting for you but don't be glum. In political time it's a long way to the election. Maybe PeePee can pull it off. You know, come up with a new slogan or something. Yeah, i've already commented on this. We'll see you on election day kiddo Do you know why Carney waited as long as he did to call the election? The liberals couldn't find people in all the ridings willing to run for them. True story. Quote There are two types of people in this world: Those who can extrapolate from incomplete data
ironstone Posted March 20 Report Posted March 20 https://financialpost.com/news/canada-standard-of-living-faces-worst-decline-40-years Canada's standard of living on track for worst decline in 40 years Slump in GDP per person threatens to be longest and largest since 1985, says study Measure Canada’s gross domestic product by aggregate and it doesn’t look so bad, but measure it by person or per capita and it’s dismal. For example, between 2000 and 2023 Canada had the second highest rate of aggregate GDP growth in the G7, but one of the lowest growth rates per person. With Carney at the helm, it's the same old, same old. Quote "Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it." Thomas Sowell
ExFlyer Posted March 20 Report Posted March 20 1 hour ago, TreeBeard said: This will be an interesting dynamic in a debate. Housing affordability is a major plank in PP’s campaign, although he only has a slogan for a plan and he has always voted against affordable housing legislation and never introduced any when he was Housing Minister. How does he pivot away from being a career politician who has only ever attacked his opponents and not actually done anything constructive? He has no record of actually doing anything positive. “I’m not Trudeau” is no longer a winning strategy. Here is some info https://vm.tiktok.com/ZMBkdrJnH/ Quote Everyone is entitled to their own opinion. But you are not entitled to your own facts.
Army Guy Posted March 20 Report Posted March 20 3 hours ago, Moonbox said: Maybe you could explain what an economist is, if an Oxford University economics doctorate doesn't qualify you as one. 🤣 He may be qualified as one, but does Graduating from oxford automatically make you a good economist, i think that many are not all that fond of mr carney performances as banker/ economist.... Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
Army Guy Posted March 20 Report Posted March 20 1 hour ago, TreeBeard said: This will be an interesting dynamic in a debate. Housing affordability is a major plank in PP’s campaign, although he only has a slogan for a plan and he has always voted against affordable housing legislation and never introduced any when he was Housing Minister. How does he pivot away from being a career politician who has only ever attacked his opponents and not actually done anything constructive? He has no record of actually doing anything positive. “I’m not Trudeau” is no longer a winning strategy. Thats all you got, sh1t my pet gopher can do better....PP has been announcing his platform a little aty a time, for more than a month now, you have just not been listening ...which is OK he is not really expecting your vote anyways....It's so good Carney has been taking it as his own....once the election is announced , it will be game on, and we will see who keeps up... Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
Legato Posted March 20 Report Posted March 20 13 minutes ago, Army Guy said: He may be qualified as one, but does Graduating from oxford automatically make you a good economist, i think that many are not all that fond of mr carney performances as banker/ economist.... Quote
Moonbox Posted March 20 Report Posted March 20 28 minutes ago, CdnFox said: Well there are two things when it comes to the money world, monetary policy and fiscal policy. When you work for a central bank you're worried about monetary policy. When you work as an economist you worry about fiscal policy. This is another gem of a quote that I'm going to have to save, because you couldn't have done a better job proving how clueless and full of shit you are if you were trying. 1 hour ago, CdnFox said: And the Bank of Canada has commented on this about a trillion times in the last few years. Monetary policy is not fiscal policy. Nobody said they were. Guess what though? They're deeply intertwined and have profound influence on each other, so arguing that an economist doesn't "worry" about both is categorically retarded, nevermind the exhaustive list of other things they'd "worry" about. 1 hour ago, CdnFox said: Basically he knows how to lower and raise interest rates. Why am i always the one who has to educate you? You can't even educate yourself. 🤣 1 Quote "A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous
Moonbox Posted March 20 Report Posted March 20 53 minutes ago, Army Guy said: He may be qualified as one, but does Graduating from oxford automatically make you a good economist, i think that many are not all that fond of mr carney performances as banker/ economist.... If you had actual economic arguments to debate, perhaps we could, but dredging up Liz Truss quotes doesn't count. 🙃 1 Quote "A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous
CdnFox Posted March 20 Report Posted March 20 1 hour ago, Army Guy said: He may be qualified as one, but does Graduating from oxford automatically make you a good economist, i think that many are not all that fond of mr carney performances as banker/ economist.... Even if it did considering it was 40 years ago it's not like it's fresh in his mind 37 minutes ago, Moonbox said: If you had actual economic arguments to debate, perhaps we could, but dredging up Liz Truss quotes doesn't count. 🙃 There are quite a few who are from that part of the world who are piping up and saying he did not do a great job. Has their banker I mean Quote There are two types of people in this world: Those who can extrapolate from incomplete data
Barquentine Posted March 20 Report Posted March 20 3 hours ago, CdnFox said: We'll see you on election day Finally figured out who PeePee reminds me of (apart from Chicken Little): Ron Desantis. He did ok in Fla. but on the national stage people were just creeped out. https://archive.org/details/building-canada-through-freedom-essay-pierre-poilievre_202407/mode/2up Quote
ironstone Posted March 21 Report Posted March 21 Canada may be screwed since it seems that a lot of people are suddenly perfectly happy with the very mediocre current government. A Liberal win will be great for the US. The following was from the Epoch Times. A Fifth of Canadian Companies Eye Relocation to the US Amid Tariff Concerns: Poll Some Canadian companies are considering a move to the United States as a strategy to evade tariffs and protect the future of their businesses, a new survey suggests. Nineteen percent of the 283 Canadian companies that participated in the survey indicated they would consider relocating part or all of their production to the United States to safeguard the sustainability of their operations, the survey from PricewaterhouseCoopers LLP Canada found. Many of the businesses considering a move south of the border were from the industrial and automotive industries. “While a lower percentage—19 percent—are looking at moving production to the United States, this is still a fairly significant number that does raise concerns for the Canadian economy,” the report said. “It’s also notable that the percentage considering this action rises to 37 percent among respondents in the industrial manufacturing and automotive industries.” Quote "Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it." Thomas Sowell
PIK Posted March 21 Report Posted March 21 (edited) On 3/19/2025 at 8:59 AM, Barquentine said: Or someone who's only ever been a rabid partisan attack dog... "Politics should not be a lifelong career, and elected officials should not be allowed to fix themselves in the halls of power of a nation." Pierre Poilevre Poilievre entered politics at an early age and stayed there. It’s safe to say he’s the textbook definition of a career politician. So? He knows how Gov works. Carney not so much. PP been out there coast to coast to coast talking to people. Carney, just shows up and he is given the keys. Carney is his own worst enemy, likes to play with the truth. He could end up spending more time on the defensive, he has lots to answer for. Arrogance just oozes out of him, hates being questioned. Have they peaked to soon? Can Carney keep the momentum going for 40 days? This ain't the posh world of banking. Edited March 21 by PIK Quote Toronto, like a roach motel in the middle of a pretty living room.
TreeBeard Posted March 21 Report Posted March 21 (edited) 5 hours ago, Army Guy said: Thats all you got, sh1t my pet gopher can do better....PP has been announcing his platform a little aty a time, for more than a month now, you have just not been listening ...which is OK he is not really expecting your vote anyways....It's so good Carney has been taking it as his own....once the election is announced , it will be game on, and we will see who keeps up... I’m not in his riding, so he won’t get my vote obviously. “We will build stuff” is not a platform. Edited March 21 by TreeBeard 1 Quote
West Posted March 21 Report Posted March 21 On 3/18/2025 at 11:20 PM, CdnFox said: Banker yes, economist no. And unfortunately he's more of a carpet bagger than anything. When was the last time a global elite investor and banker ever saved a country? You might as well hire a high school drama teacher. https://www.theguardian.com/world/2018/oct/25/1mdb-scandal-explained-a-tale-of-malaysias-missing-billions Goldman Sachs was tied up in this scandal as well.. On 3/18/2025 at 11:20 PM, CdnFox said: Banker yes, economist no. And unfortunately he's more of a carpet bagger than anything. When was the last time a global elite investor and banker ever saved a country? You might as well hire a high school drama teacher. https://www.theguardian.com/world/2018/oct/25/1mdb-scandal-explained-a-tale-of-malaysias-missing-billions Goldman Sachs was tied up in this scandal as well.. On 3/18/2025 at 11:20 PM, CdnFox said: Banker yes, economist no. And unfortunately he's more of a carpet bagger than anything. When was the last time a global elite investor and banker ever saved a country? You might as well hire a high school drama teacher. https://www.theguardian.com/world/2018/oct/25/1mdb-scandal-explained-a-tale-of-malaysias-missing-billions Goldman Sachs was tied up in this scandal as well.. Quote
CdnFox Posted March 21 Report Posted March 21 4 hours ago, Moonbox said: This is another gem of a quote that I'm going to have to save, because you couldn't have done a better job proving how clueless and full of shit you are if you were trying. Oh wow I haven't seen this in a while The part where you realize you were wrong and you are trying to make yourself feel better by pretending that somehow there's something wrong with what was said So in your world there isn't monetary policy and fiscal policies, is this what you're saying? LOL! The federal reserve board says you're wrong The Fed - What is the difference between monetary policy and fiscal policy, and how are they related? 4 hours ago, Moonbox said: Nobody said they were. You did, remember you literally just called it the most "clueless and full of shit" idea ever LOLOLOL At least wait one post before making yourself look stupid Quote Guess what though? What? That you're about to say something stupid and have a hissy fit? Quote They're deeply intertwined and have profound influence on each other, so arguing that an economist doesn't "worry" about both is categorically retarded, LOL nailed it Well first off nobody said that. As per your usual routine you can't argue with what I actually said so you have to create something i didn't say everything I said is 100% true Secondly he's a banker not an economist. And while bankers may well take fiscal policy into account or consider it their job is all about monetary policy. They don't set fiscal policy, they don't control fiscal policy, they don't even often know what the next fiscal policy is going to be. Their worry is monetary policy But hey little guy, dont' take MY word for it - lets get you educated Among the key differences between monetary and fiscal policy is the party responsible for carrying them out. Monetary policy is carried out by a nation's central bank, such as the Fed in the U.S., the Bank of Canada (BOC), and the Bank of England. Fiscal policy, on the other hand, is the sole responsibility of a country's government Monetary Policy vs. Fiscal Policy: What's the Difference? Yeahhhh sorry little fella. Looks like you were wrong AGAIN LOLOLOLOLK Bankers worry about monetary policy. That's their job. THat's what they control. Gov'ts worry about fiscal policy. That's their job. They might well have an interest in what the other is doing but they don't do each others job. So now that you look like an uneducated tard..... LOL you've been back 5 minutes and you did it again didn't you. Jumped into a fight with me where you didn't understand what was being discussed and tried to find a way to "win" the discussion by faking what i said and trying to to twist words and now you look stupid. Again What is this.... about number 63 for you? LOLOL I do admire your consistency tho You're welcome for the free education. Quote There are two types of people in this world: Those who can extrapolate from incomplete data
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