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Posted
1 hour ago, Boges said:

I think it was a mistake to make a good chunk of our export market dependent on the Auto Industry. There were always signs. The amount of times the government has had to step in to save these low-skill high paying factory jobs because of all the jobs tied to them. 

I think the US shreds the Auto Pact at their peril. Their consumers also won't buy cars with a 25% tariff slapped on it. We see that these tariffs are going to hurt their market as much and Trump will be the one to blame. 

We also made our energy export industry dependent on the US.  

Posted
41 minutes ago, Nationalist said:

Well its my understanding that "due process" will be given in Texas.

Enjoy that.

Yes. Those "Left-wing lunatic" judges stepped in to ensure due process. 

Trump has also said he'd want to send Citizens to this El Salvador Gulag. 

  • Like 1
Posted
7 minutes ago, Boges said:

Yes. Those "Left-wing lunatic" judges stepped in to ensure due process. 

Trump has also said he'd want to send Citizens to this El Salvador Gulag. 

Hence Rosy left to Ireland eh? ;)

 

Its so lonely in m'saddle since m'horse died.

Posted
6 hours ago, Boges said:

Their consumers also won't buy cars with a 25% tariff slapped on it.

Yeah, they can go back to 1959 and with no Rambler or Studebaker about give them no choice other than land yachts with huge profit margins.
And if US Oil companies realize that $6.00 a gallon didn't stop people in the rest of the world from buying gas, just complaining louder, and mark it up to full gouge mode... then the makers can bring back cheaply built unreliable shit boxes like Pintos and Vegas and Chirettes that get only 2mpg better.

Agggh it's a hopeless cause.

Posted (edited)
5 hours ago, Moonlight Graham said:

China can suck it.  They're our enemy too.  It's Europe or nothing.

At this point, everybody needs a deal. The question everyone's asking is, who can I deal with that will keep their word?

The US is off the table.  They make up agreements, then tear them up on a whim.  Europe is culturally, politically, strategically the best alignment but they're not geographically close.m

China?  We have done deals with them, and to my mind they kept them... But those weren't great deals for us IMO.  Trudeau actually canceled some because of security concerns, if you can believe that. 

There is lots of money in the system to be aligned towards hard-working Canadians. How to do that, keeping productivity and efficiency as a priority, and rewarding the investor class... Will take a lot of brains and politics.

Edited by Michael Hardner
Posted
4 hours ago, Michael Hardner said:

At this point, everybody needs a deal. The question everyone's asking is, who can I deal with that will keep their word?

The US is off the table.  They make up agreements, then tear them up on a whim.  Europe is culturally, politically, strategically the best alignment but they're not geographically close.m

China?  We have done deals with them, and to my mind they kept them... But those weren't great deals for us IMO.  Trudeau actually canceled some because of security concerns, if you can believe that. 

There is lots of money in the system to be aligned towards hard-working Canadians. How to do that, keeping productivity and efficiency as a priority, and rewarding the investor class... Will take a lot of brains and politics.

I think a good start would be to stop allowing banks the ability to create money out of nothing. If anyone should have that power, it should be the government itself, as it would essentially be a tax, which governments do anyway. A good documentary on the economic system that the world uses, focusing in on the U.S. can be seen here:

 

Posted
5 hours ago, Scott75 said:

I think a good start would be to stop allowing banks the ability to create money out of nothing. If anyone should have that power, it should be the government itself, as it would essentially be a tax, which governments do anyway. A good documentary on the economic system that the world uses, focusing in on the U.S. can be seen here:

 

Kind of a super socialist idea, that people can't lend out the money they have on hand. Fractional reserve banking has been around forever. 

It's another one of those issues like the gold standard... Where somebody talks about how it influences everything but nobody is really sure why. And conventional economists barely mention this stuff.

Posted
1 hour ago, Michael Hardner said:

Kind of a super socialist idea, that people can't lend out the money they have on hand. Fractional reserve banking has been around forever. 

It's another one of those issues like the gold standard... Where somebody talks about how it influences everything but nobody is really sure why. And conventional economists barely mention this stuff.

I think you know that fractional reserve banking means that banks don't lend out money they have on hand- instead, they're allowed to lend out money they don't actually have at all, which is why banks fear "runs on the bank", because they simply don't have all the money they lend out. If anyone should have the power to lend out money they don't have, it should be the governments themselves, as they are at least elected by the people, unlike banks. The way things are now, governments borrow money from banks (which banks get to make out of thing air) and governments actually pay interest on all this borrowed money. There's absolutely no need for this- governments can borrow from themselves if need be. This is what Abraham Lincoln did with his greenback dollars and it worked quite well.

Posted
2 hours ago, TreeBeard said:

Most of what you own is made in China.   Why should cars be different?

Stop making anything in China.  Turning our #1 enemy into a wealthy superpower is stupid

"All generalizations are false, including this one." - Mark Twain

Partisanship is a disease of the intellect.

Posted (edited)
On 4/28/2025 at 9:03 AM, Michael Hardner said:

The US is off the table.  They make up agreements, then tear them up on a whim.

Trump, not the US. This too shall pass. (After his 3rd term.)

Edited by Barquentine
adding text

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