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2025-03-05 0
These tariffs won't last or the American people will make Trump regret it.
2025-03-04 0
I was very disappointed with Prime Minister Justin Trudeau. While I have always been pressed by his superior leadership record and skills especially with his spectacular response to the impending tariffs by travelling to UK and Europe and talking about trading with Europe and East Asian countries.\nWhat a disappointment when he called Putin a murderous dictator. Justin, let’s look at the record of your friends in the West. USA has over decades bombed and killed millions of Muslims in Arab countries. Today the murders continue to go one without a peep from you or your western leader friends. In the last week the US has bypassed Congress to ship billions of dollars of bombs to Israel so Israel can with these US bombs cleanse Gaza. So Israel can steal the Palestinian lands so Trump can built a resort and hotels in these stolen Palestinian lands.\nSo what about Ukraine? Same story, different tactic. NATO with your consent poked the Russian bear for decades before Russia, whose warnings about NATO expansion went unheeded. Russia had no choice but to fight a proxy war with Ukraine as US kept on shipping dollars and weapons to Ukraine ‘to weaken Russia’. When you won the election, Justin, I thought that a younger Canadian whose father was one of the most independent thinking leader, that you would take a history lesson and realize that the US foreign policy over decades has been the cause for so much complicity in so many countries around the world. Listen to Jeffrey Sachs and get your thoughts sorted out.\nListen to Ilan Pappe to know how the country you hug and kiss has murdered and stole Palestinian lands for over 7 decades. I have not once heard from you that Israel should be called out.
2025-03-04 0
He makes me proud to be Canadian, and make no mistake, trump won’t win this war…it’s not just us, the EU just announced €800 billion in retaliatory tariffs. Mexico is also hitting back hard..the only winner of this trade war is the super wealthy, but that won’t last, when we all refuse to buy any of the products that benefit them. The best way to hurt the rich, is by turning them into poor people!
2025-03-04 0
According to Ritter Ukraine has already signed over rights to rare earth to UK. There was an article in a Czech newspaper talking about this leak. \nIs this why Starmer won't stop. \nWell some analyst believe UK is on the precipice of collapse. I agree.\nI believe the #1 priority of Trump is the US dollar and BRICS competition.\nUS plan to address $34 Trillion debt is to digitize the countries assets. Ex. Anwar, national parks, Infrastructure etc. This is the reason for the new land grab (aka resources grab) . The ones with the resources rule. China has known this for at least 20 years \nThink of the U.S. valuated as a investment ie. look at their balance sheet, income statement and cash flow statement. \nSimple valuation assets-liabilities=equity\nTaking this type of valuation $34 Trillion debt is peanuts.\nNow apply similar analysis to England.\nNo assets , little industry (aka income) or cash flow. \nI know many want a true multipolar world but I think it will be more spheres of influence dominated by China, US, Russia. The supper powers are positioning for the resources. The world has changed. \nI think the US Democrats will organize to harass Trump and his initiatives in an attempt to take back Congress in the midterms. Their only option. Going to get very nasty. (Harris poll from last weekend Trump favorability 58%)\nNow for Trump's tariffs . They are working already. Several tech companies have announced new factory plans for US. It all relates to Corporate Income taxes. It's about transfer pricing where they pay no Corporate income taxes in US.\nTransfer pricing For example:\nApple iPhone manufacture an iPhone in China for $300. They sell it to an Apple subsidiary call it Apple international located in a low tax or no tax domicile for $300. So No income tax. Say they sell it to Apple USA for $700 . No taxes owed by Apple international . Apple USA sells it in US for $700. Bought it for $700 = no taxes owed. BUT APPLE CLEARED $400 CASH. \nThat's with no tariffs. Now with 20% tariffs on China , the iPhone full import price $700 (sale price). is taxed(tariffs) x 20% = $140. Trump wants 20% corporate rate extended and ultimate 15% corporate rate. Most all the overseas US mfg might come home to moma. \nI would advise Trump to selectively wave tariffs on some items like lumber from Canada and food from mexico. As for oil from Canada I think Trump will let Chevron develop and buy heavy oil from Venezuela. If not might have to wave/reduce tariffs on Canadian diluted bitumen oil.
2025-03-04 0
The tariff war won't last. It will get ironed out in negotiations on other matters, probably in the form of tighter border restrictions, correcting some farm goods imbalance, and increasing tariffs on Chinese imports. Trump states pretty plainly in his order that this is for purposes of leverage, not punishment. I'd wager Trudeau caves to his demands within a few weeks.
2024-11-08 0
It was announced today on the news that the Trump initiative to deport all illegal immigrants will cost up to $1 trillion dollars. That’s a lot of moolah. Which will come out of our taxes. And the tariffs that he went on and on about. Companies aren’t giving out bonuses to workers for end of year. Because they have to save money now because Trump will impose tariffs on incoming goods. The workers didn’t understand they assumed the cost would be paid by importers. In reality, it will trickled down to American consumers who have to pay for goods. Economists have been saying during the election this is a bad idea.Trump tried to do it the last time he was in office and it didn’t work. So people be aware you think you can’t afford things now wait you won’t be able to afford anything. PS the government has nothing to do with price gouging for food and they don’t set the price for gasoline or electricity, etc. ????
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