Anonymous wrote:

Anonymous wrote: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.

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.

Anonymous wrote: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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

I am a Canadian who voted for the Liberals and I disagree with what you claim Carney promised us. We all understand that Canada must do business with the United States. We understand that our economies are integrated. Therefore, we know Carney must make a deal with the US. There is no other way. However, what Carney articulated, and what every Canadian knows, is that we can no longer trust the US as a trading partner, and therefore we must lessen our dependence on the US. So, yes, we must make a deal, but no, we cannot assume that the deal will stick, and we must act accordingly by diversifying our risk.

A. That’s not how it will play out on the campaign trail. There will be no nuance.

B. This doesn’t make sense. In order to make capitalinvestments (for productivity growth = wealth growth) you have to believe any long term agreement sticks. If you can’t believe it will stick (Carney’s position) then the prudent thing is to not rely on the agreement. Hence, he’s backed himself into a corner.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

I am a Canadian who voted for the Liberals and I disagree with what you claim Carney promised us. We all understand that Canada must do business with the United States. We understand that our economies are integrated. Therefore, we know Carney must make a deal with the US. There is no other way. However, what Carney articulated, and what every Canadian knows, is that we can no longer trust the US as a trading partner, and therefore we must lessen our dependence on the US. So, yes, we must make a deal, but no, we cannot assume that the deal will stick, and we must act accordingly by diversifying our risk.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

I don’t think you understand the concept of suffering. Their incomes and standards of living may go down but that for many Canadians would be worth it to keep their nation rather than suffering the ignominy of becoming Trump’s 51st state.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

You are still missing the point. Canada and the USA are not equals. Canada has an helluva lot more to lose here. Even if Trump tries to reconcile Carney cannot. Carney explicitly staked out the position that the era of economic integration with the USA is over and will never happen again. I am not defending Trump. Canada has a right to feel aggrieved. But eventually Canada has to reconcile with the USA and trade or face the prospect of becoming something in between the UK and Turkey (e.g., poor and becoming poorer by the day). That’s not a position that Canada can afford to find itself in. Frankly, the reconciliation needs to happen sooner rather than later and Carney cannot possibly reconcile the relationship while Trump is in office.

Everything you said is correct, but also irrelevant because this is a relationship of massively unequal parties where one side needs to other whole lot more. This isn’t about justice or righteousness. This is realpolitik, plain and simple. And Carney has no leverage or other options to win after the corner he’s backed himself into. Yes, he can make things difficult on Trump, as he should, but his people are about to suffer more over then next four years than any damage he can inflict on Trump. It is an asymmetrical position and Carney made it harder on himself to survive this fiasco.

If you think I’m wrong, tell me how Carney wins here.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

There can be no negotiation as long as Trump repeats the 51st state garbage every chance he gets and doesn’t respect the sovereignty of Canadian borders. The fact that Trump’s rhetoric swung the election to Carney’s party should give you a clue that the only thing less popular in Canada than incumbents who were about to be kicked out because of the global backlash against inflation, is Trump himself.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.

Respectfully, you don’t get it. YES, this trade folly is hurting America but it is hurrying everybody else so much more.

The morality of who tore up what is meaningless. Eventually Trump will ask for something but Carney cannot possibly cut a deal with Trump given the posture Carney has taken. He can try to wait out until the 2028 election, but there are no guarantees there and there will be incalculable damage to the Canadian economy in the meantime. I also don’t believe that free trade is going to be a winner in American politics for a long time. Before Trump even sniffed the levers of power Obama was humiliated internationally by our Congress with the failure of fast tracking authority and the TPA.

I really like Canada and Canadians; I have no desire for them to become the 51st state. But this isn’t a relationship of equals and they need us a whole lot more than we need them. The Mexican president has done a much better job trying to thread the needle of asserting her country’s interests without setting down red lines that are impossible for her to cross at a later date. But, then again, she was not facing an election. So I get why Carney has taken his posture. But he’s backed himself into a corner he can’t get out of.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Trump is an embarrassment.

Carney is awesome. He is astute and has just enough sense of humour to acknowledge that he hears stupid, but enough class not to necessarily engage it. He did it during the debates. I like him more daily.

Carney is what a smart and economically astute politician actually looks like, not this brain dead, obese orange lump America’s idiots elected.

Carney backed himself into a corner in order to win an election. He *could* have given himself an out to try to become Australia with a strong commodity export economy, but the environmentalists on his left would never have elected him. So he’s also all in on ESG BS.

Make no mistake about it, Canada’s economy makes no sense if it cannot export en mass to the USA. There is no other market for Canada and transport costs across an ocean in either direction make it hard for Canada to replace the USA as a destination market. Even if you can get past that, you need to find a trade partner willing to run trade deficits in your favor (good luck!).

He said what he had to say to win an election. And his posturing is certainly cathartic for those that hate Trump. But it is going to be hard for any future American leader for the next few decades to engage in trade agreements. Obama was blocked on TPA and free trade is only going to be more radioactive for the next few decades in American politics.

Meanwhile, Carney is playing a dangerous game with no clear end other than having gotten him elected. He can’t possibly strike a deal with Trump and the USA without shooting himself in the face. So what is the end game? He can and will make life more difficult for Trump, but there is no winning move available on the chess board.

Your argument would make sense if the US were demanding something specific in the way of a “trade deal”. But we aren’t. Trump tore up his own negotiated agreement from 2017 but has never articulated what he wants from Canada, other than the ridiculous 51st state BS. So Carney really has no basis or reason to negotiate with the US.