Jim Balsillie

So this is the curse of being... But others with lots of resources are extraordinary. They're world-leading.

So this is the curse of being... But others with lots of resources are extraordinary. They're world-leading.

Yeah. As well as these others. The curse of false myths by those who have failed us.

Yeah. As well as these others. The curse of false myths by those who have failed us.

Yeah. As well as these others. The curse of false myths by those who have failed us.

And they've got lots of other ones of complacency, and they use that, and we'll go at... cases in a few minutes on those who use this sitting on dead money complacency stuff, but not quite right now because they use that as an excuse mechanism, but let's keep on this.

And they've got lots of other ones of complacency, and they use that, and we'll go at... cases in a few minutes on those who use this sitting on dead money complacency stuff, but not quite right now because they use that as an excuse mechanism, but let's keep on this.

And they've got lots of other ones of complacency, and they use that, and we'll go at... cases in a few minutes on those who use this sitting on dead money complacency stuff, but not quite right now because they use that as an excuse mechanism, but let's keep on this.

Yeah, sure. Well, I wrote a piece, which possibly you can put on a link during this thing called We're All Economic Nationalists Now. And the reason I used that was that it's a phrase for strategic U-turns, coined by Milton Friedman.

Yeah, sure. Well, I wrote a piece, which possibly you can put on a link during this thing called We're All Economic Nationalists Now. And the reason I used that was that it's a phrase for strategic U-turns, coined by Milton Friedman.

Yeah, sure. Well, I wrote a piece, which possibly you can put on a link during this thing called We're All Economic Nationalists Now. And the reason I used that was that it's a phrase for strategic U-turns, coined by Milton Friedman.

The darling of the free marketers. The darling of the free marketers. Because he famously said in the late 60s, we're all Keynesians now. So he spent 20 years fighting Keynes. And then when there was a crisis with Nixon and they had to respond to it with a bunch of new monetary and fiscal structures, he said, well, we're all Keynesians now. Keynes was an interventionist compared to Friedman.

The darling of the free marketers. The darling of the free marketers. Because he famously said in the late 60s, we're all Keynesians now. So he spent 20 years fighting Keynes. And then when there was a crisis with Nixon and they had to respond to it with a bunch of new monetary and fiscal structures, he said, well, we're all Keynesians now. Keynes was an interventionist compared to Friedman.

The darling of the free marketers. The darling of the free marketers. Because he famously said in the late 60s, we're all Keynesians now. So he spent 20 years fighting Keynes. And then when there was a crisis with Nixon and they had to respond to it with a bunch of new monetary and fiscal structures, he said, well, we're all Keynesians now. Keynes was an interventionist compared to Friedman.

And Friedman was at war with him. Right. He represents the opposite. And what he's fundamentally saying is that economics is a social science, not a natural science. And you have to tune your behavior to the facts on the ground. So if you are a Friedmanite in this contemporary reality, then attune, period.

And Friedman was at war with him. Right. He represents the opposite. And what he's fundamentally saying is that economics is a social science, not a natural science. And you have to tune your behavior to the facts on the ground. So if you are a Friedmanite in this contemporary reality, then attune, period.

And Friedman was at war with him. Right. He represents the opposite. And what he's fundamentally saying is that economics is a social science, not a natural science. And you have to tune your behavior to the facts on the ground. So if you are a Friedmanite in this contemporary reality, then attune, period.

And the nature of the geopolitical era of strategic behavior. So responding very specifically to what you said, the question you asked on Trump, when you go to an intangibles economy... When you're producing economy, you trade on a principle called comparative advantage. Yeah, lay that out.

And the nature of the geopolitical era of strategic behavior. So responding very specifically to what you said, the question you asked on Trump, when you go to an intangibles economy... When you're producing economy, you trade on a principle called comparative advantage. Yeah, lay that out.

And the nature of the geopolitical era of strategic behavior. So responding very specifically to what you said, the question you asked on Trump, when you go to an intangibles economy... When you're producing economy, you trade on a principle called comparative advantage. Yeah, lay that out.