teppa

u/teppa@piefed.ca
10 posts · 362 comments

Recent posts

Recent comments

WWII was caused by global populism and tariffs just as we are seeing now. I think it makes sense to assume rapid changes in the financial market can cause populism, price controls, tariffs, etc..

Maybe you're right that the political instability isn't due to the global financial markets though. I just thought we could be reliving some form of history.

Maybe I'm reading too much into it but the article seems to imply the tariffs are malicious, or part of the annexation goal. I'm just saying through an apolitical lens that I'm starting to see the tariffs as a means of raising taxes in the US, and due to the reasons I listed.

The article is extremely emotionally charged.

I think the real problem with the world right now is aging demographics, which lead to higher interest rates, which threatens the ponzi scheme we have created in finance and housing.

The US is dealing with it using tariffs, Europe is using carbon border adjustments to do the same thing with a green veneer. Carney has said we would be joining Europe in tariffing foreign emitters.

https://www.weforum.org/stories/2014/11/ageing-populations-will-affect-interest-rates/

https://carboncredits.com/mark-carneys-climate-strategy-balancing-carbon-policy-trade-and-energy-security/

We did it to build our highways. Do you regret that decision?

We need oil exports due to making up a massive amount of our current account balance that we use to fund our government.

Productivity per worker for oil production is also massive relative to other industries, and Canada already has alarm level productivity according to the BoC.

But this is why we have been second last next to Luxembourg in the 38 countries of the OECD in per capita productivity growth since 2015; Canadians love making ourselves poorer for no reason, and the rich love investing outside of Canada.