Jim Balsillie
👤 PersonAppearances Over Time
Podcast Appearances
Exactly, and you don't pay taxes in Spain and there's no wealth effect in Spain and there's no management transfer and all that. So the spillovers in the tech industry operate exactly opposite. Pretty much most of the time, not absolutely, To how they work in the production economy.
Exactly, and you don't pay taxes in Spain and there's no wealth effect in Spain and there's no management transfer and all that. So the spillovers in the tech industry operate exactly opposite. Pretty much most of the time, not absolutely, To how they work in the production economy.
Disaster.
Disaster.
Disaster.
And the Canadian people are paid less. They tend to have ancillary roles. They're subsidized through tax credits. And yet all the true wealth effects, and if they're really strong and talented, they tend to get moved to the U.S. and never come back. So that's a hoovering structure there.
And the Canadian people are paid less. They tend to have ancillary roles. They're subsidized through tax credits. And yet all the true wealth effects, and if they're really strong and talented, they tend to get moved to the U.S. and never come back. So that's a hoovering structure there.
And the Canadian people are paid less. They tend to have ancillary roles. They're subsidized through tax credits. And yet all the true wealth effects, and if they're really strong and talented, they tend to get moved to the U.S. and never come back. So that's a hoovering structure there.
And so the thinking of the Google sidewalk was like setting up a pulp and paper mill in Northern Ontario, that this is great. Not understanding that they'll own all the IP, own all the data, have all the security benefits, have all the wealth effects, have all the control benefits. And Canada gets 1% and they get 99%.
And so the thinking of the Google sidewalk was like setting up a pulp and paper mill in Northern Ontario, that this is great. Not understanding that they'll own all the IP, own all the data, have all the security benefits, have all the wealth effects, have all the control benefits. And Canada gets 1% and they get 99%.
And so the thinking of the Google sidewalk was like setting up a pulp and paper mill in Northern Ontario, that this is great. Not understanding that they'll own all the IP, own all the data, have all the security benefits, have all the wealth effects, have all the control benefits. And Canada gets 1% and they get 99%.
And if you have that subordinate low value added position in technology, then you get a low GDP per capita and you can't pay for the country. And it gets a second leg to that. That you're not secure, which is what's happening in the contemporary leverage. And those of us that understand what prosperity and security looks like saying this is catastrophic.
And if you have that subordinate low value added position in technology, then you get a low GDP per capita and you can't pay for the country. And it gets a second leg to that. That you're not secure, which is what's happening in the contemporary leverage. And those of us that understand what prosperity and security looks like saying this is catastrophic.
And if you have that subordinate low value added position in technology, then you get a low GDP per capita and you can't pay for the country. And it gets a second leg to that. That you're not secure, which is what's happening in the contemporary leverage. And those of us that understand what prosperity and security looks like saying this is catastrophic.
This will be a step in the grave for the country.
This will be a step in the grave for the country.
This will be a step in the grave for the country.
And his leadership predated the knowledge economy.
And his leadership predated the knowledge economy.
And his leadership predated the knowledge economy.