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4 mo. ago

  • Yeah, they won't. Miss KFC 2024 and his base have them in a vice grip. They know they'll receive credible threats if they speak out against him. Or worse; lose their seat and all the bribe money that come with it.

  • Same, babe. Sold all my iShares and Vanguard ETFs and moved into BMO emerging markets, Euro, and Canadian funds.

    I still need to look into my employer group pension account. I don't know how much control I actually have over that.

  • I doubt anything is going to stop Putin in the long run, other than a definitive loss. I'm interested to see how Trump responds when he's forced to confront the fact that geopolitics is not like demanding a refund at McDonalds because your nuggies are cold.

  • I feel like co-ordinating on these things would be better. BC, ON and QC all have steel and aluminium industries to defend, and all three provinces export a decent chunk of electricity to nearby US states.

    A co-ordinated surcharge on electricity would be a powerful response to the inpatient at the white house.

  • It's practically impossible for the US to build up an aluminum industry that can compete with Quebec. Especially not within a presidential term.

    Quebec could export tariff to the moon, and there wouldn't be anything Camacho could do about it other than shit himself into a coma, hopefully.

  • Yeah. I had the same thought. Is this the same $30b that we already implemented as a response to his previous tantrum or a new $30b for a new tantrum? And what about that $120b we were keeping in our back pocket? Are we keeping that around for the future tantrum, or is this a chunk out of that?

  • We may be talking past each other, but in any case, I don't think that is a useful way of presenting this information.

    Gross domestic product calculates only for the net effect of imports and exports. That is to say, the balance of trade.

    56% of Canada's GDP is consumer spending. 19% is investment. 23% is government spending. And 2% is net exports.

    That's the $2.2/2.3 trillion GDP of Canada broken down. Yes, it's technically true to say that the trade relationship represents a value roughly equivalent to 40% of Canada's GDP, but I don't believe that's very helpful framing.

    Using the same method, we might say that the various trade relationships of the US represent a value that is roughly 25% of US GDP.

    If Canada's GDP, an acronym that many people take to be synonymous with 'economy', was 40% US trade, we'd be talking about more than a 3% recession.

    I can't help but think of the 'length of a football field' or 'weight of an elephant' mode of analysis.

    Also, your definition of the fallout this could create seems very limited in scope, but I take your point that you are only defining said fallout within the confines of the immediate and specific effects of the tarrifs themselves, and not all the various ripple effects.

    Otherwise, we probably agree more than we disagree. Trump's a cunt is about what it boils down to for me.

  • I mean, that's like 20/25% of Canada's total exports to Mordor. I assume we'll see the same climb down on most other natural resources, with the exception of lumber, for a total of about 40/50% of all exports.

    All against the backdrop of the endless whining, "we don't need Canada for anything.'

    "We're going to whine so much, you're going to be so sick and tired of whining."

  • Yes, which is impossible to fail.

    As I said in a previous comment, it's a pretty drawn-out process requiring financial stability, credit, health and background checks, proof of employment and education history, etc.

    It's not difficult, just time-consuming, and I'd be very surprised if you and your wife didn't meet the minimum points threshold.