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Joined 3 years ago
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Cake day: July 5th, 2023

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  • Hard to say. However the US should be clear now that the economic channel to China is open. The more the US uses the stick on us, the more and faster we’d widen the Chinese channel. Unlike many of the other individual trade partners we have, we already have very large channel with them, and China has the manufacturing capacity to fullfil a potentially rapidly rising demand for goods from Canada as well as capacity to absorb a rise in Canadian exports. So barring an invasion, I think the US might be more careful in the medium term even if they try stick in the short run.






  • Yes. Yes it can.

    Ever wonder how it is that the ratio of pensioners to workers has already increased dramatically compared to 50 years ago and yet there’s about enough food, housing and care produced today? It’s through dramatically increased producrivity of labour. Much fewer people can produce what the economy needs. So much so that we can even afford to sustain very large, mostly useless economic sectors like finance. We can even afford an ever growing oligarch class with private jets, yachts with smaller yachts for those yachts!