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Reply to "O Canada 🇨🇦 "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean why would Carney want to put his eggs in one basket that Canada has always done w US? It's obvious he can't trust Trump and this is an ideal time to go find other partners. He's negotiating from a position of strength in that he will try to make do with what he can from Trump but what he can't get he shouldn't have to beg. There is no corner as you suggest he's against - if Trump fails to partner so be it. Canada finds another way. I say this as an American. I think that guy is the bomb, I am so jealous Canada has him as a leader. Nobody should want to be the partner of the US while Trump and GOP are in office. While you need us, diversifying to not needing us is the best thing for our neighbor. [/quote] There are no other partners. If you run trade deficits and are not a reserve currency, you have two limiting options: (a) fiscal discipline (reduced social welfare payments) or (b) an accelerating economic death at the hands of inflation (UK/Turkey). Neither is a great outcome. Thus, no other country in the world is looking to run sustained trade deficits and sustained trade deficits are deeply unpopular politically throughout the world. The USA was the only game in town and now it is gone. He could theoretically thread a needle like Australia and rely on commodity export to China for a trade surplus, but Canadian greens aren’t there for him. Yes, this all plays well on TV and it’s a great release to see him stand up to Trump, but eventually you have to govern and he’s put himself in a tough spot. Not one of strength. As for as not needing us: no, you are just wrong. Nobody is going to ship components to Canada just to assemble them there and then ship finished product back to foreign markets. The logistical+labor costs make no sense. The advantage of was lower labor costs that give access to America’s market. [/quote] Hey dude, did you type this response into an AI response? Or is this JD Vance? Your American self-centered view will be dismantled soon enough. [/quote]
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