[llama66]

BartSimpson BartSimpson:

DrCaleb DrCaleb:

BartSimpson BartSimpson:

China's economic output is down over 40% since January 1, 2020.

Expect everyone elses' to fall at least that much.

Expect Trump to take advantage of the decline in China trade by encouraging domestic manufacturing to take up the slack.

If that useless bitch you people have for a PM had any sense he'd do the same thing for Canada.

Hey now, he's too busy enabling the destruction of this nation to encourage anything but the utter destruction of this once great nation.

[Saskanna]

http://business.financialpost.com/commo ... oplay=true

[bootlegga]

DrCaleb DrCaleb:

stratos stratos:

That's because about 90% of the NHL hockey sticks come from China. I wonder why, could it be cheap labor thus ability to by them cheaper.

Need to have the NHL make a deal with the USA or better yet with Canada.

Sticks used to be made in Canada. So did knife boots and ice armour. Then companies bought those companies, and decided people wanted them made in China instead.

That's because in chasing higher share prices and profits, all that was left to most companies was to move production from high-cost countries like Canada and the US to low cost countries like China and Taiwan. Of course, once one company did it, they had a competitive advantage over other companies, so they all had to move too.

#ViciousCycle

[Thanos]

bootlegga bootlegga:

#ViciousCycle

Austrian School at it's most accurate:



All anyone has to do to understand how dumb all of this has been is that Art Laffer wrote the basic blueprint for modern economics down on a drink napkin at a bar, gave it to someone in the Reagan administration, and they turned it into the dominant gospel of our times.

[Thanos]

Saskanna Saskanna:

http://business.financialpost.com/commodities/energy/warren-buffett-reportedly-pulls-out-of-lng-project-in-quebec-due-to-challenges-in-canada?video_autoplay=true

Deserves expanding:

https://www.cbc.ca/news/canada/montreal ... -1.5486517

$1:

Warren Buffett's investment company Berkshire Hathaway has decided not to invest $4 billion in a liquefied natural gas (LNG) plant by the Saguenay port.

The marine terminal to ship LNG to overseas markets is slated to be built roughly 230 kilometres northeast of Quebec City, at a cost of $9.5 billion.

The decision by Berkshire Hathaway, which represents a major blow to the project, was first reported by La Presse Thursday and later confirmed by Radio-Canada.

Stéphanie Fortin, head of communications for the company behind the project, GNL Québec, said the company had lost a significant potential investor, but did not want to say who it is.

She did say, however, that the company lost the investor because of the "current Canadian political context."

Well, now that the overall federal philosophy is negatively affecting an actual important part of the country I'm sure that every effort will be made to get it together.

[BartSimpson]

Thanos Thanos:

All anyone has to do to understand how dumb all of this has been is that Art Laffer wrote the basic blueprint for modern economics down on a drink napkin at a bar, gave it to someone in the Reagan administration, and they turned it into the dominant gospel of our times.

The key to what Laffer proposed was the Laffer Curve.

The curve presents a sweet spot where tax rates yield the highest revenues. Rates above the sweet spot actually cause revenues to decline and this effect has been observed time and again.

[Thanos]

Maybe it made some sort of theoretical sense when income inequality wasn't so terribly skewed. I'm all for leaving the rich enough money to both live comfortably and to reinvest those savings into new enterprises that create more jobs in the domestic marketplace. When all they do is either toss the saved money on their already huge pile of accumulated wealth or, even worse, invest it overseas instead of in their own country and their own people then the entire theory falls apart completely. And I highly doubt Laffer or any of the others ever calculated the effects of multiple trillion-dollar tax cuts over multiple decades for those who were (and are) in the least amount of need for tax relief.

One of the first casualties of excessive wealth is usually patriotism. Nothing good can happen someone has so much that they're no longer in anyway part of the collective citizenzy.

[BartSimpson]

Thanos Thanos:

Maybe it made some sort of theoretical sense when income inequality wasn't so terribly skewed.

Income inequality is irrelevant and it is not a 'problem' to be solved by confiscatory and anti-productive measures rooted in envy and greed. Legally earned income (and some illegally earned income!) is reflective of the creativity of individuals to provide something of value to other people. That's all.

Thanos Thanos:

I'm all for leaving the rich enough money to both live comfortably and to reinvest those savings into new enterprises that create more jobs in the domestic marketplace.

It's their money. Not yours. And it is no more your place to tell them what to do with their money than it is their place to tell you what to do with yours.

Hating the rich because they have more than you do doesn't do fuck all to solve your problems and in fact can make them worse when the rich people flee your country and then there's no one to fund social programs because the only people left are those that suck off the social programs.

But when you're living in Cuba or Venezuela there's no income inequality and that's all that matters, right?

[Thanos]

It is entirely our place to tell them how to make their riches when it's how they make their riches that's entirely responsible for throwing so many others into complete misery. They are NOT outside of society and they do NOT get to do what they want when they want whenever they want to, and not to walk away freely from the devastating consequences of their actions are to far too many others.

If this is what you really believe, that how wealth is made is irrelevant, then why not endorse bringing back slave labour? Why throw pimps and drug dealers into prison, when by that standard they're merely businessmen? Why not dump as much chemical poison into drinking water, and why not get rid of anything that regulates what gets burned off into the air? Do you really not see or understand that the how of wealth-making is as important as the wealth itself? Or am I really that much of a hopeless geek for refusing to go along with the free-for-all orgy that leaves nothing but death and destruction and despair in it's wake?

[BartSimpson]

Thanos Thanos:

It is entirely our place to tell them how to make their riches when it's how they make their riches that's entirely responsible for throwing so many others into complete misery. They are NOT outside of society and they do NOT get to do what they want when they want whenever they want to, and not to walk away freely from the devastating consequences of their actions are to far too many others.

If this is what you really believe, that how wealth is made is irrelevant, then why not endorse bringing back slave labour? Why throw pimps and drug dealers into prison, when by that standard they're merely businessmen? Why not dump as much chemical poison into drinking water, and why not get rid of anything that regulates what gets burned off into the air? Do you really not see or understand that the how of wealth-making is as important as the wealth itself? Or am I really that much of a hopeless geek for refusing to go along with the free-for-all orgy that leaves nothing but death and destruction and despair in it's wake?

Death and destruction and despair may well be the order of the day where you live but for most people in the USA we're pretty fucking happy thanks to Donald J. Trump.

https://thehill.com/changing-america/we ... sfied-with

$1:

Record high 90 percent of Americans satisfied with their personal lives

A fresh Gallup poll brings optimistic statistics: a record high of 90 percent of Americans report satisfaction with their lives.

The previous record was registered in 2003, where 88 percent of Americans reported the same satisfaction sentiment.

Gallup conducted this survey, Mood of the Nation, between the dates of Jan. 2-15, with a random sample of 1,014 adults living across the U.S. The survey was conducted via telephone calls.

While Gallup doesn’t explicitly define ‘personal life’ in this context, 65 percent, or approximately 2 out of 3 survey respondents reported a “very” high level of satisfaction with the quality of their personal lives. A further 25 percent of respondents polled still said that they are satisfied with their personal lives, albeit saying only “somewhat” as opposed to the aforementioned “very” qualifier.

Some influential demographics behind this year’s report are household income and marital status, as well as political party.

Naturally, respondents with a higher reported household income more frequently listed a “very” high level of satisfaction with their personal lives, with Gallup results showing about 76 percent of Americans with a household income over the $100,000 mark list being “very” satisfied.

Notably, the demographic with a staggering 95 percent reported being “very” satisfied with their personal lives are married Republicans, per Gallup’s analysis.

Readings across the political party spectrum remain consistent with the above analysis; 80 percent of Republicans report being “very” satisfied with their personal lives, whereas Democrats polled register a lower 56 percent satisfaction.

Slight discrepancies exist between races, with 67 percent of whites being “very” satisfied, versus the 59 percent of nonwhites who report the same. Men edge out women slightly in the “very” satisfied category as well, showcasing 67 percent and 63 percent, respectively.

Gallup preambled this report by noting that there was “some variation,” personal life satisfaction was recorded for the majority of Americans since 1979, with an average of 83 percent of respondent reporting satisfaction over the years. Statistic results tend to be synchronized with the national and global economy.

This is best illustrated with Gallup’s other recent poll that registered Americans’ record-high optimism regarding their personal finances. Fifty-nine percent of respondents told Gallup that they are in a better financial position today versus a year ago, with a strong 74 percent (roughly 3 out of 4 respondents) optimistic that they will continue being financially satisfied within a year.

These surveys come off the heels of U.S. President Trump’s State of the Union address, where he touted a strong economy.

Biweekly Gallup numbers also show a 49 percent approval rate for Trump, versus a close 50 percent disapproval. Over the late January days between the 16 to 29, Trump’s approval rating rose by approximately 5 percentage points.

I've said before you should move down here if Canada sucks that bad for you. Shit-tons of opportunity down here especially in sensible states like Texas, Idaho, Florida, and etc.

Beats the fuck out of the death and destruction and despair you're dealing with.

[Thanos]

Are you willing to adopt a couple of near-senior washed-up Canadians? Give me food and a place to sleep and I'll keep the gun collection nice, shiny, and ready for immediate use for you.

[BartSimpson]

Thanos Thanos:

Are you willing to adopt a couple of near-senior washed-up Canadians? Give me food and a place to sleep and I'll keep the gun collection nice, shiny, and ready for immediate use for you.

I'm thinking you might prefer a state where the opportunities are growing like Texas or some such. California is frankly not far behind Canada and I want out of here ASAP.

Tell you what, though, once we get the fuck out of here and get a new place you're welcome to come stay a while and get yourself started down here.

[Thanos]

I'm scared of Texas. Not of the Texans. Just of the killer bees. And the hurricanes. And the oil-industry toxic zones. And the football addicts. And all the wacky eggplants. And, well, all the other assorted fuckin' Texans too.

[stratos]

$1:

I'm scared of Texas. Not of the Texans. Just of the killer bees.

Very rare.

$1:

And the hurricanes

Occasional and you can drive or get a ride to other parts of Texas. We always have adequate warning.

$1:

And the oil-industry toxic zones

Mostly Houston and the cost area near by.

$1:

And the football addicts.

Well you can't avoid them but you can insulate yourself during football season. Bonus is sports bars will show hockey games once the playoffs start (non-game times) and after the supper bowl. Just have to ask.

$1:

And all the wacky eggplants

Easy to avoid, unless you take your brand new car on a hunting trip.

$1:

And, well, all the other assorted fuckin' Texans too.

Well you run into those types everywhere. They just go by different names.

Courtesy of your CKA Texan