Spooky

Where is the data to back up this claim? The "experts" were wrong that the tariffs would be inflationary. What they failed to see is the demand destruction and weakness that tariffs cause offsets their inflationary impact.

Agreed. Canada will have to walk a very fine line with China or risk getting the Greenland treatment.

Another false narrative. https://giftarticle.ft.com/giftarticle/actions/redeem/862a71ae-2e85-495a-8771-a5a8d44050df

You guys will justify anything! Reasonable people are getting fucking angry!

That's why Buffett is the . Masterclass in capital allocation.

John I believe you are, unfortunately, correct. A large swath of Americans' minds have been degraded by all the deranged content pushed by the Facebook and X algorithms. It was fertile ground for Russian propaganda to grow and spread along with white nationalist rhetoric. It does not bode well for rational people throughout the world. Better luck fighting for the minds of the next generation.

Not sure if there is a thread for this book but I have been really enjoying reading it, especially right now with all this AI hype! It was released around the time of the Dotcom boom so there are a lot of parallels today with prior periods of rapid technological changes and the corresponding bubbles and crashes that result. https://www.goodreads.com/book/show/60509.Technological_Revolutions_and_Financial_Capital

The republicans are not addressing it. In fact the Big Beautiful Bill they passed blows out the deficit even more. EDIT: Sorry, I misread your post, it wasn’t about the budget.

Yes, the rationale for stopping the Ukraine war is we don't want to spend money, it is not our fight. Meanwhile, the US is going to triple the spending on ICE in 2026 to $30B which would rank it among the top-funded 15 militaries in the world. $30B is close to Israel's military budget at $30.5B. Guess the war isn't against Russia in Ukraine but against your own citizens. Trump has also talked about increasing the size of the US military budget by 50%. Also, what happened to the state department? All the US seems to do lately is use sanctions / military action.

+1

Just like someone posted above, the US is the strategic “brain” of NATO with all the intelligence and co-ordination. Europe doesn’t currently have these capabilities and it would take a long time to replicate them.

That’s true. How do you deal with terrorists? For one, you don’t negotiate with them.

I agree with this view but the actions of your administration don’t really support it. Putting all the pressure on Ukraine to accept a bad deal while Russia isn’t giving up a thing. The US is forcing Ukraine to negotiate from a position of weakness. The US could just say we are going to back Ukraine for the long haul with the might of the US and NATO and then negotiate with Russia to make some concessions. The Ukraine war is grinding Russia down with over a million casualties but Putin won’t come to the table because he knows the US isn’t in the fight. Having Ukraine survive as a strong independent nation with tight ties to the West would be a huge strategic benefit for the US.

I hope you are right Reds but I’m not as confident as you. The Rhetoric coming out daily about seizing Greenland by military force if necessary from another NATO member is troubling to say the least. That would be the end of the alliance. Also, the proposed peace plan with Russia and Ukraine had the US acting as a mediator between Russia and NATO. How can they be a mediator if they are still in NATO. The last point I want to raise is the national security strategy policy document Cubs is such a fan of - it has a lot of troubling stuff vis a vis Europe, as though Europe is an enemy of the US.

I'm not sore about being called out. Canada should be spending more on defence. What I want is a strong NATO alliance and security! The US committing to NATO would be a strong deterrent to promote stability. As strong as the US is, it is still part of this world. You need alliances and partners.

I added some shares last week for this very reason.

Finally something you said I agree with.

People have committed to paying more and you're still gone. The alliance is functionally dead since no one trusts that you will be there.

You guys don’t even care about NATO anymore, give me a break. You’re about to rupture the whole alliance.

The 30 years where the wealth and prosperity of the US and the world increased dramatically? Seems like the issue is less free trade but more the distribution of that wealth.

Do you really think these economic changes are for the better? Putting up trade barriers and going it alone?

So we have China on one side and a belligerent and antagonistic US on the other... what a fucking world. Gonna need to get our nukes back.

I know this is the politics thread but can we try and see economic reality? Stock market is doing well, yes. But the underlying economy is looking more shaky - almost all GDP growth is coming from data centre construction.