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Posted
1 minute ago, paxamericana said:

It’s okay 51ster we’re going to be one big happy country and you’re going to like it. Because I said so.

In the cold hard world of reality: looking back over the last 20 years our newest business ventures come up 1 USA but the other two Ireland and England.  USA might be a market but no where near stable enough.  $31 Tn in federal debt alone and Casino Capitalism replacing real capitalist entrepreneurialism pretty much means no longer a place to do business.

Posted (edited)
26 minutes ago, cannuck said:

In the cold hard world of reality: looking back over the last 20 years our newest business ventures come up 1 USA but the other two Ireland and England.  USA might be a market but no where near stable enough.  $31 Tn in federal debt alone and Casino Capitalism replacing real capitalist entrepreneurialism pretty much means no longer a place to do business.

Sure but there’s a hot war in Europe last I checked on top of a general European demographic decline. Where is your money going to run next? The USA will remain the only reliable engine of growth if South East Asia goes to shit over Taiwan. So get with the program, he does have nice hair.

Edited by paxamericana
Posted (edited)
9 hours ago, paxamericana said:

Sure but there’s a hot war in Europe last I checked on top of a general European demographic decline. Where is your money going to run next? The USA will remain the only reliable engine of growth if South East Asia goes to shit over Taiwan. So get with the program, he does have nice hair.

Opened our first office in China mid '90s, so we always have great options.  China also under severe debt load (official numbers about 40% of reality) but we know exactly the rules of business as they haven't changed in 30 years.  Biggest problem is Wall Street spreading the evils of corporatism around the globe.

Edited by cannuck
Posted
53 minutes ago, John Stone said:

 

image.thumb.png.b87920ff4ffcb7cd13960064dc361360.png

.................. "The problem with socialism is that you eventually run out of other people's money." / never more true than today. The USSR's economy did lead to its collapse 

So long as the Dollar remains the global currency reserve it can print as much Monopoly money as it likes. There’s no better alternative to the dollar at the moment.

Posted
48 minutes ago, paxamericana said:

So long as the Dollar remains the global currency reserve it can print as much Monopoly money as it likes. There’s no better alternative to the dollar at the moment.

quite correct - and it is the endless printing of "money for nothing" to balance the money supply to what finance skims off the to fill their pockets with speculative gains WITHOUT the bother of creating any wealth.  Happens in USA only because it's central bank is 100% controlled by the member banks and it's financial, fiscal and monetary policy dictated and administered by Goldman Sucks.

Posted
Just now, cannuck said:

quite correct - and it is the endless printing of "money for nothing" to balance the money supply to what finance skims off the to fill their pockets with speculative gains WITHOUT the bother of creating any wealth.  Happens in USA only because it's central bank is 100% controlled by the member banks and it's financial, fiscal and monetary policy dictated and administered by Goldman Sucks.

Every countries does this, in much worse ratios than the US. So back to my original question, where is your money save haven?

Posted
5 minutes ago, paxamericana said:

Every countries does this, in much worse ratios than the US. So back to my original question, where is your money save haven?

To be specific these days?  ANYWHERE outside of USA - at least until the Orange Man either grows a brain, gets recalled or drops dead.  Even then it might take longer than I have left for end the LLL (Legal Liability Lottery) that is the #1 impediment to manufacturing in USA.

Posted
24 minutes ago, cannuck said:

quite correct - and it is the endless printing of "money for nothing" to balance the money supply to what finance skims off the to fill their pockets with speculative gains WITHOUT the bother of creating any wealth.  Happens in USA only because it's central bank is 100% controlled by the member banks and it's financial, fiscal and monetary policy dictated and administered by Goldman Sucks.

.......... yeah, happened in Germany after the crash - I think they called it inflation. 

Posted
2 hours ago, cannuck said:

Some how I really don't give a flying purple frick WHAT you believe.

Sounds more like it, an irrational Canuck to all things America. Good luck with your investments.

Posted
54 minutes ago, paxamericana said:

Sounds more like it, an irrational Canuck to all things America. Good luck with your investments.

When you are responsible for your money and shareholders money you have to be exceedingly rational, not driven by partisan bullcrap.  BTW - I am still deeply involved in three US companies, just not going into any new ones until the mess gets straightened out.   

  • 2 weeks later...
Posted
On 1/19/2026 at 9:59 AM, paxamericana said:

So long as the Dollar remains the global currency reserve it can print as much Monopoly money as it likes. There’s no better alternative to the dollar at the moment.

This is true but the calculus changed last year with S.A. going off Petro Dollars. 

No question the Petro Dollar scheme was a huge benefit for the U.S. - literally  had the World paying U.S. bills - wars and such. The U.S. had a milk cow in the Global economy. 

Western countries needed a U.S. Reserve to buy the commodity. 

They bought Bonds (T Bills) ...... Fed just printed more when they needed it. 

SA is feeling their oats - 

The World might be going off the U.S. dollar and back on to the Gold standard........... stand by tor the YUAN to challenge the U.S. dollar. 

China retains trillions $$  in U.S. Bonds - some consider it a threat to U.S. security, (ya think??)

It was good (great) while it lasted - 

Posted
6 hours ago, John Stone said:

Gold

Won’t work as a global currency. Too costly and hard to use. Government printing money is a feature, not a bug. Can’t print gold. 

Posted
13 hours ago, paxamericana said:

Won’t work as a global currency. Too costly and hard to use. Government printing money is a feature, not a bug. Can’t print gold. 

Not a currency ........... 

The U.S. was on the gold standard for a great part  of its history, which meant that the value of the dollar was directly linked to a specific amount of gold (reserve). It worked but also limited the governments ability  to respond to economic crisis........... enter the Fed and the petro-dollar. 

The u.s. dollar went off the gold standard in the 70's. The U.S. dollar is (now) not based on physical commodities but on the STABILITY and STRENGTH of the U.S. economy

To say the U.S. doesn't need the global economy is a rhetorical stretch.

 

 

Posted (edited)
1 hour ago, John Stone said:

To say the U.S. doesn't need the global economy is a rhetorical stretch.

What I’m saying is that the US needs to be the global currency. Which is why it will actively undermine the adoption of a gold standard.

The US really doesn’t need to be engaged outside of the western hemisphere. Most of what America needs can be purchased or acquired locally in the American continent.

Edited by paxamericana
Posted
2 hours ago, paxamericana said:

What I’m saying is that the US needs to be the global currency. Which is why it will actively undermine the adoption of a gold standard.

The US really doesn’t need to be engaged outside of the western hemisphere. Most of what America needs can be purchased or acquired locally in the American continent.

The global economy is a constant search for new markets - export / import. 

Just ask China ................ 

A country needs consistent strategic expertise in playing  the  game.

To rest on laurels is the ki$$  of  death. (bit dramatic) 

Posted (edited)
9 hours ago, John Stone said:

The global economy is a constant search for new markets

For there to be trade there needs to be consumption as well as production. Consumption age is between 15-55 . The world aged out. Only Africa and America remains in the right demographic medium age group for the global economic to work in the first place! And Africa does not have the same market value as America. That’s the whole point of the MAGA wrecking ball to international trade tariff.

That’s what the globalist haven’t figured out, if we can’t trade, it’s back to the 19th century of imperial competition. Global trade was what made geography obsolete and by virtue the need for colonial holding. Take global trading away and we’re revisiting history! The world is a zero sum pie again. The stupid Canadians haven’t figured that out , that they need to be on the American side of the fence or be on the Menu. @Zeitgeist

Edited by paxamericana
Posted (edited)
2 hours ago, paxamericana said:

For there to be trade there needs to be consumption as well as production. Consumption age is between 15-55 . The world aged out. Only Africa and America remains in the right demographic medium age group for the global economic to work in the first place! And Africa does not have the same market value as America. That’s the whole point of the MAGA wrecking ball to international trade tariff.

That’s what the globalist haven’t figured out, if we can’t trade, it’s back to the 19th century of imperial competition. Global trade was what made geography obsolete and by virtue the need for colonial holding. Take global trading away and we’re revisiting history! The world is a zero sum pie again. The stupid Canadians haven’t figured that out , that they need to be on the American side of the fence or be on the Menu. @Zeitgeist

Nice poke.  You’re not really going after the right guy on this, because I like the U.S. and could handle Canada being part of the US under certain conditions, one being that it’s 10 states and three territories with a federal parliament in Ottawa for Canadian affairs and sovereignty.  lol.  Basically I’m for an economic union of the two countries.  We can adopt the U.S. dollar and allow as much free movement of goods, services and people between the U.S. and Canada as between the Canadian provinces and U.S. states, with a few minor exceptions. Trump has to hand out an olive branch and propose a way forward that doesn’t make Canadians feel coerced.  That’s the mistake.  Canadians will accept an economic hit to protect their self-determination and sovereignty.  Let that fight go.  It’s not on.  Canadians want their sovereignty defended for the foreseeable future.  That doesn’t mean we can’t make a grand bargain that basically opens up the two countries to each other and makes a tremendously powerful new economic entity.

Could Carney and Trump hammer something out?  Seems unlikely now, but you never know.  We should be working towards this, but given the real and perceived threats that Canadians feel from the Trump government, the country is moving towards becoming more resilient and self sufficient.   It’s better for Canada to become stronger than it is presently, whether we become more or less merged with the US.  There’s a good word, merger.  Let’s create a new entity called Canada and the United States.  Don’t worry, south of the border you can call it the United States and Canada.

Edited by Zeitgeist
Posted (edited)
9 hours ago, Zeitgeist said:

It’s better for Canada to become stronger than it is presently

Or we wait this out, and buy you up with pennies on the dollar. Canada can’t diversify because it’s an export market, so is the rest of the world, Canada’s industry isn’t even globally competitive. It heavily relies on trade with America. This is the problem with being raised spoiled by unfettered markets access to America, you assume the rest of the world will oblige you. They will and have already put up non tariff trade barriers to Canadian export. Think of Canada’s Milk cartel, yeah every country has one. America has already gamed this out, the only viable trading partner is still the United States, which is why, it will remain the preeminent export destination and global currency.

One more thing, for transcontinental trade to occur, you need maritime access. You don’t think the world’s most powerful Navy in history has a say? Good luck being a shadow fleet tanker. 

Edited by paxamericana
Posted (edited)
6 hours ago, paxamericana said:

Or we wait this out, and buy you up with pennies on the dollar. Canada can’t diversify because it’s an export market, so is the rest of the world, Canada’s industry isn’t even globally competitive. It heavily relies on trade with America. This is the problem with being raised spoiled by unfettered markets access to America, you assume the rest of the world will oblige you. They will and have already put up non tariff trade barriers to Canadian export. Think of Canada’s Milk cartel, yeah every country has one. America has already gamed this out, the only viable trading partner is still the United States, which is why, it will remain the preeminent export destination and global currency.

One more thing, for transcontinental trade to occur, you need maritime access. You don’t think the world’s most powerful Navy in history has a say? Good luck being a shadow fleet tanker. 

Wow so now you’re proposing that the U.S. block trade on the seas for other countries because why, you can’t handle the idea that Canada and Canadians can go elsewhere?  That’s quite medieval and a lot of trouble just to stick it to a supposed ally   With friends like that who needs enemies?

As I see more of this constant need to badger unfold, I’ve come to realize that the U.S. under this administration isn’t really pluralistic or supportive of democracy around the world   It’s about using power to extort resources and concessions from as many people and countries the U.S. can get away with. That’s going to become a long term costly problem for the U.S., maintaining a forms of coercion that other countries resent   The only result, if such an approach persists, is that other countries will form new alliances and work around the U.S.

You’re correct that de-growth is inevitable without a rise in birth rates unless we continue mass immigration, but the U.S.’s position in that regard isn’t much better than Canada’s   The U.S. is a big market but not the only one. Right now it’s a declining export market for Canada for obvious reasons. Immigration will continue to build Canada as it has in the past, hopefully in a more targeted way.

Canada has many things the rest of the world wants and needs   We can make new partnerships as needed   The U.S. was a natural and convenient market for Canada and vice versa   Our trade is quite balanced and has spawned huge growth, but clearly that’s not good enough for people who measure winning in relation to others’ losses   That’s the sad part of all of this   A lot of relationships are damaged and at the end of it you’ll get a few extra gold pieces to show for it   Enjoy them alone.

 

Edited by Zeitgeist
Posted
43 minutes ago, Zeitgeist said:

Wow so now you’re proposing that the U.S. block trade on the seas for other countries because why, you can’t handle the idea that Canada and Canadians can go elsewhere?  That’s quite medieval and a lot of trouble just to stick it to a supposed ally   With friends like that who needs enemies?

US National Interests. Don’t think like a globalist. You’re American even if you don’t admit to it. Consider this tough love. https://www.ctvnews.ca/business/article/canadas-economy-is-on-life-support-and-country-is-in-recession-says-economist/

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