Alberta despite its small population makes up a great deal of our current account balance, which is what gives our dollar value in the world. On this value we’ve taken on over 90% federal/provincial debt to GDP, and we already have a grave productivity problem, yet you want to wipe out one of our most efficient industries so that you can feel good about yourself while doing nothing to prevent climate change.

Heres what tends to happen when your debt gets above 90%, which further puts a drag on our growth, and may be a large contributor as to why we have been second to last in the OECD since 2015 per capita.

https://www.businessinsider.com/kenneth-rogoff-carmen-reinhart-sovereign-debt-2010-8

Even with our federal government buying half of all mortgage bonds and extending amortizations to further devalue our dollar to gift it to boomers who own multiple rental properties?

I guess our government wasnt deliberate enough, they should just send cheques out to home owners directly.

Germany decommissioned their nuclear plants for being scary with wind apparently being the future despite not having 100% uptime, and then spent a half a trillion dollars trying to generate power when they got cut off from Russia.

While all this is happening they lower barriers to immigration to depress salaries to try to counteract the inflation they caused, then you wonder why people are turning to the right. If I lived there I’d be miserable as well, these people running the country are incompetent. Trying to ban political the party for anti-immigration and trying to link them to the nazi party and is further idiocy, the party was created when Germany brought in a million poor refugees. If Germany managed integration better it would not even exist, there should just be a cap on country of origin like the US has, Germany does have a culture that is worth attempting to maintain.

I created it in Word and opened it in Teams by accident once.

I think it was supposed to foster cooperation, just as the equalization payments were. Yet Alberta or BC still cant export energy to Europe. Quebec is a dead weight on Canada’s productivity, and are like a spoiled child, the only role they play is in swinging the election one way or another.

Trump didnt sway the election in any way?

I figured people were afraid Pierre was going to side with Alberta and not do anything about Trumps tariffs on manufacturing. Since Alberta could easily survive 10% tariffs, while the east could never survive 25%.

What if we only funded infrastructure with debt, instead of consumption. Then we wont run into a scenario where we need to start selling assets to pay our creditors. Kind of like Keynes suggested long ago.

Who is this Joe Rogan, I should look at some of his videos I guess, thanks for bringing him to my attention.

I use Yandex a lot now for not censoring me. Maybe I’ll have to try this.

What do we do, set our inflation target to -2% instead?

I Learned discrete math, got an A, didn’t learn a damn thing.

Like a war on terrorism, that then fights domestic terrorists, that then protects Tesla; any new power will inevitably be abused. Snowden taught us that a long time ago.

Well productivity is a good thing, I think the problem is the incentives. Their government essentially funnels all the money to their elderly via monetary policy, and the youth get the table scraps.

In server 2025 its gone I think.

I can barely even set a static IP on Windows Server these days. I wiped out a partition the other day as well since the UI is so slow, its like it’s using a REST api to do partitioning.

Ah weird.

America wants it, and provincial powers override federal, so there’s no real alternative than a crisis unfortunately.

Europe is actually building their military as well. Which their progressive voters needed a crisis to do so.

If hes following the century initiative he will cap money supply growth at 3% or so, which will drastically bring down home prices.

Carney also praised Trump as a great leader, did the CBC miss that part?

“Thank you for your hospitality, and above all for your leadership. You’re a transformational president focused on the economy, with a relentless focus on the American worker. Securing your borders, ending the scourge of fentinal and other opioids, and securing the world.”

I do think they know each other prior and that seems quite obvious, and that getting Carney elected was a part of a larger plan to get a pipeline to the east coast to defund Russia; using the Alberta separatism crisis to do so. Trump plays an idiot, but even the level of the tariffs were concocted to push this crisis, which was the true reason for Daniel Smith to go to Maralago.

Whats weird is how bad reddit works in a basic web browser, which is where the app started.