Jump to content

cwericb

Member
  • Posts

    2,235
  • Joined

  • Last visited

  • Days Won

    4

cwericb last won the day on November 2 2024

cwericb had the most liked content!

1 Follower

Recent Profile Visitors

5,092 profile views

cwericb's Achievements

Community Regular

Community Regular (8/14)

  • Conversation Starter
  • First Post
  • Collaborator
  • Posting Machine Rare
  • Dedicated

Recent Badges

5

Reputation

  1. Nor did I. However prior to reading the exchanges on this board I was quite concerned about all the panic surrounding the potential tariffs. I looked at several of my Canadian companies that might be affected by tariffs. Considering the comments on CBoF I came to the conclusion that tariffs were probably unlikely or at least temporary and in the end would not hurt Canada as much as many were projecting. Again from comments here, I realized that yes, US imports from Canada represent a much smaller percentage than Canadian imports from the US. But really, how relevant is that? Canadians can get along just fine without American peanut butter, orange juice and booze. But Americans would have a much more difficult time without our oil, gas, electricity, lumber, minerals, etc, etc. Furthermore, past experience over the years told me that when markets drop, Fairfax shares often increase in value. I slept well.
  2. Is not the problem here, that Politics can have a significant impact on investments? How many of us started to rethink some of their investments when Trump said he was going to put on his 25% tariffs? I certainly started to look at which of my holdings would be impacted and which ones might not. Just look at the number of replies on the subject before it was closed.
  3. THIS!
  4. 1.5% of illegals crossed from Canada, 0.2% of fentanyl crossed from Canada. US figures.
  5. No lies, Trump pre-staged the meeting with the threat. Short memory?
  6. Meanwhile in Panama, Marko Rubio is threatening another nation. Turn over the Canal or else we are going to send in our troops.
  7. That's the crazy thing about all this. Trudeau has been given a second chance to rescue his reputation by meeting Trump head on whereas up to now he was despised by so many Canadians. I don't think this is exactly what Trump had in mind.
  8. This is quite true and today any inflationary impact can be very easily and quickly stopped.
  9. Well as one who has lived through a period of 18-20% inflation rates and remember seeing my mortgage jump to 17.5%, inflation is no fun. You would pay your mortgage for five years and when renewall came up you would see that almost all of your mortgage payments had gone to the interest while the amount owing on your house had hardly decreased.
  10. All good points. Trump has threatened higher tariffs if Canada retaliates which it has, so we will see how how things settle out. Keep in mind that a lot of Canada's exports are not particularly discretionary. oil, gas, lumber, electricity, etc. So simply not consuming electricity, oil, etc is not that easily done.
  11. True. I guess that would be one way to avoid inflation.
  12. Adding a 25% tax onto imports is not inflationary?
  13. This is from something back in November... "President-elect Donald Trump has noticed something in his travels across the U.S. Many parts of his country are running out of water. Groundwater supplies are being depleted faster than they can be replenished. The American west is in a multi-year water crisis. National Geographic says the country is “running out of water.” For Trump, to “Make America Great Again” is to bring jobs, agriculture and energy production as well as manufacturing back to the U.S. He can’t do that without water, and he has already signaled where he could find some. Canada has a “massive faucet” that would take only one day to turn on, and all of that water “would come right down here and right into Los Angeles.”
×
×
  • Create New...