71–78 of 78 posts
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I am retired but I have not sold all my stocks and moved to bonds. Even if you use the "rule of 100" I should still have around 40% of my portfolio in stocks. But to your point, I am certain that I am not going to profit from this fuckery. (Although, hilariously I bought silver a decade ago to teach my daughters about investing—and they each purchased a once or two from me. Of course it turned out to be a local maxim…
> where the "safe harbors" were during the Great Depression [...] were that there were no safe harbors Surely economy and the world economy operates in a completely different way now than it did back them, if not in the US, the very least in the rest of the world? But that's just my intuition, maybe things are more similar than they are different in reality? > Of course it turned out to be a local maxima Not to pour…
Nowadays the world's economy operates in even more globalized way and when the biggest players get hit, everyone suffers (1998, dotcom, 2008, covid). That's why the tariff war was such a counter-productive idea; even if you theoretically end up on top, everyone will still lose, including you.
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This comment is 10 sentences long but lists not a single, specific example of Canada being a poor ally.
1) Multi-year delay in banning Huawei from 5G networks: https://www.ndp.ca/news/ndp-statement-huawei-ban-canadian-5g... Took Canada 4-years longer than the rest of the Five Eyes alliance to ban them, prompting the Biden administration to threaten to terminate the agreement. 2) NORAD/Ballistic missile defense (Not just NATO): https://canadiandefencereview.com/norad-modernization-closin... Canada chooses not to partici…
How dare they not follow the rules and behave like the other 50 states!
This is exactly what Trump's attitude is, and it's why Canadians are angry.
If we look at history, it's no surprise that the US's alliances are fleeing and temporary.
The US doesn't really have any real allies, as any ally could be betrayed for any reason at any time.
Just look at all the betrayals that Trump was personally responsible for, such as Afghanistan, NATO, Canada, Ukraine, the Kurds, and Syria. Poor Kurds have to watch as Trump shakes hands with the leader of Al-Qaeda, who is currently carrying out ethnic cleansing and massacring people.
Alliances should be mutual. What has the US done for Canada lately, especially considering the outrageous demands? Like what has the US done that benefitted Canada, but also cost the US at least in some way (so no BS about "US is growing and Canada is having some of the pie")? In what way has the US suffered and didn't grab as much as it was able to, just so Canada-the-ally would also be taken care of? When has the Trump's US acted like a real ally/friend instead of a volatile backstabbing bandit with the "winner takes it all and I don't care what happens after" attitude?
I claim that Canada has been much more of an ally to the US than vice versa.
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There are two things Canada is guilty of. 1) it spent far too little on its military 2) it trusted the Americans far too much by tying its economy so deeply with the USA. If you subtract the oil purchased by the USA, Canada has a trade surplus with the USA. A trade surplus that's mostly comprised of finished goods. Canada sells raw materials to the USA and buys finished goods from them. It is the United States that i…
The lack of public awareness is honestly the biggest issue. I’ve got nothing personally against Canada or the Canadian people. And I certainly don’t think Trump’s approach has benefitted the situation. But I also recognize that his grievance have a level of merit. I can critique a government without blaming a people, right? I disagree with how the Canadian government has been handling itself. I think there is a way t…
One can't and shouldn't acknowledge the things that don't exist.
Like:
- Venezuela's drugs being a big problem in the USA
- Russia/China trying to take Greenland
- Norwegian government responsible for giving Peace Nobels
- Canada's efforts to poison USA with fentanyl
They are all fake news and anyone spewing that should ridiculed, not engaged and reasoned with to find the compromise. (Example: since we are talking here and I share my eternal wisdom with you, it is only fair that you should give me all of your weath. Oh, you don't think it is reasonable and don't want to give a random guy anything? Fine, it is a fair compromise then in which you give me half of everything. The Greatest Deal!)
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That's pretty vague compared to concrete good ally behaviour like the arrest of Meng Wanzhou.
And then waiting 4 years to actually ban his company from operating in Canada.
You seem to have this strange position that "what's good for the US is also automatically good for Canada, or at least it doesn't matter what Canada things and what it's national interests might be; just shut up and do what we say (even if it's a command to jump from the building)".
Now on Truth Social, Trump is saying that NATO is the enemy, not Russia, not China. Well, now it makes sense why Putin has that picture of Trump.
We've always been at war with NATO. It's the "Eur" part of "eurasia", after all.
Can't wait to hear how this is Biden's fault in a semi-coherent rant from the WH...