mcliu

https://x.com/truckdriverpleb/status/1861225904753582493 Keep in mind we have 3-4 millions of "temporary" foreign workers/students. Shopify's (our largest tech company) CEO reaction: https://x.com/tobi/status/1861247619407692193 I think a lot of Canadians feel this way. Canada is a complete shitshow and we need the US to push us to get our shit together.

I have no idea either, I think law enforcement probably has the data somewhere. I just watch the news and these drug labs keep getting bigger every time. The production volumes are far larger than demand in Canada, so logically they'll try to export to the US like everything else we make.. We're turning into Mexico north up here, just with less violence. https://www.cbc.ca/player/play/video/9.6553939 https://www.cbc.ca/news/canada/british-columbia/drug-superlab-rcmp-bust-1.7369846 This is the latest superlab bust. According to police, the amount of fentanyl and other materials seized would have amounted to more than 95,500,000 potentially lethal doses and worth an estimated $485 million in profit. https://www.cbc.ca/news/canada/british-columbia/prince-george-largest-drug-bust-history-1.7303655 https://www.cbc.ca/news/canada/british-columbia/30-000-kilograms-seized-rcmp-drug-investigation-1.7342417 https://www.cbc.ca/news/politics/fentanyl-produced-in-canada-1.7275200 Criminal networks are shifting from fentanyl imports to Canadian-made product Border seizures are down, the street price is down — and Canadian-made fentanyl has gone global https://www.cbc.ca/news/canada/hamilton/project-odeon-hamilton-1.6932951 "The scale of these super laboratories has the capacity to produce hundreds of kilograms of fentanyl," said Hamilton Police Supt. Marty Schulenberg during a press conference on Thursday. https://www.cbc.ca/news/canada/british-columbia/fentanyl-drug-lab-police-seizure-mission-bc-1.7016534 Mission RCMP say they seized a huge quantity of fentanyl from a clandestine drug lab on an acreage in the rural Hatzic Valley in southwest British Columbia. Approximately 25 kilograms of pure fentanyl was seized along with three kilograms of fentanyl already diluted for street distribution. Additional precursor materials used to manufacture the drug were also seized, including 2,000 litres of chemicals and 6,000 litres of hazardous chemical waste, according to an RCMP news release. https://www.cbc.ca/news/canada/calgary/suspects-139-charges-calgary-fentanyl-superlab-alert-1.6505653 Ten people mostly from Edmonton and Okotoks, Alta., are facing 139 charges after a fentanyl superlab was shut down south of Calgary last July, the Alberta Law Enforcement Response Teams (ALERT) said in a release on Wednesday. Police said they found 31 kilograms of fentanyl and 7,600 kilograms of the chemicals used to make a synthetic opioid that is 50 to 100 times stronger than morphine. The total street value of the operation, titled Project Essence, was pegged at about $300 million.

We have a pretty big fentanyl issue in Canada. Apparently during covid the fentanyl stopped flowing from China. So the gangs decided to build labs in Canada instead. As the market saturated in Canada and drug prices started dropping, we've become a net exporter of fentanyl. https://www.cbc.ca/news/politics/fentanyl-canada-export-1.7030758 https://www.cbc.ca/player/play/video/9.6553939

I don't think we should dismiss Elon so quickly. He's known for doing the impossible. I hope he/DOGE succeeds. The US and the world needs it as a blueprint for success. It's not like the existing political and managerial class has any ideas on how to fix this deficit death spiral. If fixing the US bureaucracy is harder than landing reusable rockets then maybe it is truly beyond saving.

Isn't that table consistent with the narrative? Prices were high Q1 to Q4 of 2022 so they increased production. 472 to 565 As prices declined, production has stayed essentially flat since Q4 2022. 565 to 585

Europe is like the Citigroup of countries.

Yeah this is true. I have no idea and have no skin in the game. Just trying to learn about this subject. I think the counterargument (to gold's long track record) is that once humans invented lightbulbs, people stopped using candles? Fires were probably the main source of light at night for hundreds of thousands of years, but it got replaced by newer technologies.

Thanks, appreciate the response. How do you get comfortable with BTC taking this role instead of a different coin/ledger or a new emerging technology in the future?

Gold does have many applications, but the majority of its value is derived from it being a store of value. Human beings like gold because it cannot be replicated and there's a finite amount. In some ways bitcoin is similar. I guess Bitcoin is not really a coin per se, but a ledger? While it's possible to make bitcoin 2.0 and bitcoin 3.0 with the exact features as Bitcoin, the network effect makes the Bitcoin ledger unique. I guess with gold, it's literally impossible to find a great substitute with similar or better properties in the physical world. While with bitcoin, it is possible to create digital alternatives that one day may supersede it.. Like if people started believing in Litecoin or dogecoin and view that ledger as the true arbiter of what you own.. But network effects are difficult to break. If everyone believes the bitcoin ledge..

What’s the case for btc vs gold or btc vs gold-backed crypto?

SP500 vs Russell 2000 Tech companies and their few hundred thousand of employees and shareholders have done really well.. Not sure about everyone else.

Yes, it is difficult to reconcile. That's something you might have to ask Investor Relations. I see the value of office as per chart above decline from $570M in 2022 to $518M in 2023. Around -9% or $52M. But in the annual report, it shows a FV decline of $27.5M Meanwhile industrial value went from $345M in 2022 to $440M in 2023. An increase of $95M. The property acquisition of $36M and $33M FV increase. There's still $26M unaccounted for. Is it possible they reclassified a property from office to industrial? Typically these assets are valued individually. Each property will have it's own assessment. The cap rates are essentially a summary of the inputs used. I'm sure the company has the details.

Typically REITs just cap NOI, here we see industrial NOI growing, hence higher asset values. But don’t take managements word for NAV cause it is fungible using different inputs.

Hamas’ tactics is even more sinister than your examples because they’re trying to maximize Palestinian casualties amongst the weak and vulnerable in order to garner global outrage against Israel.

All those kids would be alive if your boy Sinwar didn't launch his idiotic attack to rape/murder/kidnap thousands of Israeli civilians including women and children and then hide his whole army and military infrastructure underneath Palestinian civilians. All your Hamas talking points have been refuted by various members on this message board and you have yet to provide a shred of evidence to the contrary. Seems pretty pointless to continue this conversation.

Same. I support peace. The faster Hamas and Hezbollah surrenders the faster we will have peace. How do you feel about Hamas using Palestinians as human shields? Or is that Israeli propaganda?

Maybe because of comments like this:

I hear you, the world is complex, people are complex, conflicts are complex. However there is a difference between impersonal political analysis like how you framed Iran’s retaliation on Israel and openly supporting Iran’s regime as they “teach Israel a lesson”. Look, I’m not judging, I’m just observing. People are free to support whoever they want, it’s a free country.

Why so silent on Hamas atrocities such as murdering Israelis and using Palestinians as human shields then.

@Xerxes

Bro, why don’t you read his post history in this thread. Dude defends Iran’s attack on Israel as self-defence. Why can’t he support hamas and why are you so sure of his position?

Hamas supporter ^

How do we know Iran isn’t a paper tiger? The media’s been claiming for years about hezbollahs capabilities and yet Israel effectively eliminated the command structure in two weeks..

https://holocaust.com.au/the-facts/the-outbreak-of-world-war-ii-and-the-war-against-the-jews/what-the-allies-knew/ As early as May 1942, and again in June, the BBC reported the mass murder of Polish Jews by the Nazis. Although both US President, Franklin Roosevelt, and British Prime Minister, Winston Churchill, warned the Germans that they would be held to account after the war, privately they agreed to prioritise and to turn their attention and efforts to winning the war. Therefore, all pleas to the Allies to destroy the death camp at Auschwitz-Birkenau were ignored. The Allies argued that not only would such an operation shift the focus away from winning the war, but it could provoke even worse treatment of the Jews. In June 1944 the Americans had aerial photographs of the Auschwitz complex. The Allies bombed a nearby factory in August, but the gas chambers, crematoria and train tracks used to transport Jewish civilians to their deaths were not targeted.