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Snowstorm @lemmy.ca
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Trump tells Zelensky 'make a deal or we're out' in angry White House meeting
  • That doesn’t stop any toddler from saying they are disrespected at home… Are you saying he wants the numerous tariffs negotiations to fail?!?

    I tend to agree with you 100%, yet the stock market hasn’t reacted. 🤷‍♂️

  • Microsoft CEO Admits That AI Is Generating Basically No Value
  • If you want a reference there is a Rational Reminder Podcast (nerdy and factual personal finance podcast from a Canadian team) about this concept. It was the illustrated with trains or phone infrastructure 100 years ago : new technology looks nice -> people invest stupid amounts in a variety of projects-> some crash bring back stock valuations to reasonable level and at that point the technology is adopted and its infrastructure got subsidized by those who lost money on the stock market hot thing. Then a new hot thing emerge. The Internet got its cycle in 2000, maybe AI is the next one. Usually every few decade the top 10 in the s/p 500 changes.

  • How Do You Understand Anti-Elitism?
  • Ending the era of US global dominance to what end? Paying less in overseas military bases? Just progressively close a few of them; if you don’t want to subsidize German defence: leave Germany… I can imagine the strategic position to have big manufacturing capacity in what’s relevant to future war effort inside the US boarder, but why reducing your commercial network?

    Trump could always be petty and want to break things if he perceives to have been wronged in the past. Let’s believe that for a moment. Then consider the next piece of the puzzle : the 30-60% of the population that support him are all sharing this deep pettiness of being taken advantage of by the government and without the hint of fear at less government, more problems? The solution to the Trump problem lies in what does the population want, how is Trump successful at convincing people? Hence the anti-elitist proposition.

  • How Do You Understand Anti-Elitism?

    Article in question from CBC

    https://www.cbc.ca/radio/ideas/adam-gopnik-anti-elitism-antisemitism-anti-urbanism-1.7458841

    Trying to make sense of the current political storm, this article helped me.

    I keep coming back to the question: what’s the end goals/motivations of Trump supporters? They know he wants to break the government and, yet, thinks it’s worthwhile. Why? Motivation will be multifaceted and we read all kind of proposition from dementia to dark gothic MAGA (as a plot from billionaires to each be king of their own techno-feudal city state). I don’t want to be naive but don’t want to be fear mongering either. Any agenda is enabled by the population and sufficient support.

    This article’s take on anti-elitism as a rejection from the uneducated mass of educated immigrants because they perceive them as competition and as being responsible for their failure to achieve success… it leaves me a bit depressed because it takes effort to open up to any difference (immigrants, sexual orientation… ) and the mass of average (poorly) educated population doesn’t have the ressources to make this effort. And then the division in our population can be exploited by dangerous individuals for further pain.

    How do we fight this now (and frankly forever because this weakness is intrinsic to this world, for every generation)?

    7
    U.S. going ahead with tariffs on Canada and other countries - March 4th
  • For broader expansion we need to harmonize many industries rules with the EU. It was difficult because the US through the NAFTA free trade agreement pressured us toward weaker regulation and the EU wants stronger regulation. There is also a barrier to make any substantial changes anywhere… since circumstances have changed, we can only expect further extortion from the US, we have all to gain siding with Europe and letting the pain of US tariff happen. We loose a lot short term but will be on the course for way better growth and sovereignty long term.

  • Large majority of Taiwanese oppose transfer of cutting-edge TSMC tech to US
  • Let me dream a bit :

    The US, out of fear of not having manufacturing capacity within their border in the event of a potential war, alienate most other advanced economies with tariffs… Taiwan get tariffed on its chip and the result is Canada, Europe, Australia, Japan… all buying Taiwanese technology to build their own answer against big US technology corp.

  • If Canada Wants a Plan B for Trade, Europe Could Be the Answer | The Walrus
  • Yet as a Canadian I will welcome agricultural rules harmonization with EU. Give a five year frame to reach 70 % and 10 years to reach above 95 %. Present the thing to Canadian as a matter of sovereignty while reminding our farmers that the current buy Canadian frenzy is a net positive for them if they see it under the “opportunity” light.

    Invite Canada as an “observer” at the EU table for as long as these discussions are successful, it will mess with Trump gang.

  • Do you see what's going on yet?
  • Lets have a guillotine tax : after 1000x the average wealth you are taxed 1% of the wealth above that threshold yearly to avoid meeting with…

    That means a growing business owner sells 1-2% of his stock yearly but still grow his wealth if the business likely grow 10%. The government fund education and health and new people can vote on those stocks.

  • Trump orders trade chief to revive tariff retaliation against digital taxes
  • Don’t they (US) stand to loose more if digital service taxes get really implemented? The current version is quite small and symbolic. Other countries introduced this on a small scale but would all benefit from building their own digital service ecosystem shielded from the US competition: it didn’t happen at scale not to break overall business with the US but if the business is breaking anyway…

  • US fab construction costs twice as much, takes twice as long as Taiwan
  • 10 % isn’t based on anything but let’s imagine: 2-4 % military 1 % communication infrastructure, media and unbiased information 2-4 % healthcare 2-4 % food. You quickly get to 10%. Too big and you loose the benefit of free trade.

  • US fab construction costs twice as much, takes twice as long as Taiwan
  • Free trade is the best system for 90 % of an economy. I will take a dump on Trump any day, maybe twice , but having a small capacity to build your own silicon chip is mandatory in case of a military conflict. Covid wasn’t a planned military conflict and first world economies couldn’t produce mask, gown… and luckily the virus wasn’t so deadly and only a small % of the population died.

    I am Canadian… by any free trade perspective it looks like we should buy our milk from countries with less harsh winter… but then we would be on our knee if an idiot decide to bully us with a duty tax.

    There should be free trade for 90 % of a country gdp and elected officials can change their list of excluded 10 % every few years.

  • Why some female physicians are eyeing a move to Canada from the U.S.
  • Please come, it’s fun not to fight insurances companies and just prescribe what you consider is the best treatment without thinking too much about the capacity of the patient to fill the prescription.

    I will boycott American product with a passion, but what’s a little brain drain between “friends”? Any other field with smart and motivated women we might be interested in?