Jim Balsillie

And Canada believed in the multilateral rules-based order. This is a shared global project. And my exhortation is this is an absolute advantage era that leads to strategic behavior. And if you don't focus on being reasonably sovereign, reasonably strong, you become the one they pick on.

And it's very profitable for a nation state to pick on a weak state, especially one that has some good assets to pick and wither Canada in the era of Trump.

And it's very profitable for a nation state to pick on a weak state, especially one that has some good assets to pick and wither Canada in the era of Trump.

And it's very profitable for a nation state to pick on a weak state, especially one that has some good assets to pick and wither Canada in the era of Trump.

And we also thought that it was a multilateral rules-based system where control and ownership of strategic assets doesn't matter. And we're learning a very hard lesson that who owns it and controls it is really the only thing that matters. It's really matters a lot. Yeah. And so we're paying a very, very sorry price for that inattention to our economic policies.

And we also thought that it was a multilateral rules-based system where control and ownership of strategic assets doesn't matter. And we're learning a very hard lesson that who owns it and controls it is really the only thing that matters. It's really matters a lot. Yeah. And so we're paying a very, very sorry price for that inattention to our economic policies.

And we also thought that it was a multilateral rules-based system where control and ownership of strategic assets doesn't matter. And we're learning a very hard lesson that who owns it and controls it is really the only thing that matters. It's really matters a lot. Yeah. And so we're paying a very, very sorry price for that inattention to our economic policies.

We're giving tens of billions of dollars to foreign battery companies where we had no domestic control, no very small domestic value add. And now, and what was happening to Canada, and the U.S.

We're giving tens of billions of dollars to foreign battery companies where we had no domestic control, no very small domestic value add. And now, and what was happening to Canada, and the U.S.

We're giving tens of billions of dollars to foreign battery companies where we had no domestic control, no very small domestic value add. And now, and what was happening to Canada, and the U.S.

played a very clever game, and Western Europe played along, and the Southeast Asians got really good at this, that they said, if you want to play in the production economy, leg number one, you've got to sign up to these rules on leg number two.

played a very clever game, and Western Europe played along, and the Southeast Asians got really good at this, that they said, if you want to play in the production economy, leg number one, you've got to sign up to these rules on leg number two.

played a very clever game, and Western Europe played along, and the Southeast Asians got really good at this, that they said, if you want to play in the production economy, leg number one, you've got to sign up to these rules on leg number two.

So we own all the ideas. Well, if you get really good, you can start to own some too, but you've got to be very high-functioning, of which the Western Europeans and the Southeast Asians are. Right. And now what America's doing is saying, just kidding. I want the rules for this intangibles economy.

So we own all the ideas. Well, if you get really good, you can start to own some too, but you've got to be very high-functioning, of which the Western Europeans and the Southeast Asians are. Right. And now what America's doing is saying, just kidding. I want the rules for this intangibles economy.

So we own all the ideas. Well, if you get really good, you can start to own some too, but you've got to be very high-functioning, of which the Western Europeans and the Southeast Asians are. Right. And now what America's doing is saying, just kidding. I want the rules for this intangibles economy.

And I'm now even going to do more strategic behavior and pull the rauka out under the production economy, which is a form of neo-feudalism. that you have to pay a tax to the sovereign. And there's, you know, there's an aristocracy and then there's a non-aristocracy. Well, we're going, that's what I mean by without a passport. Yeah, yeah, yeah. And so, and here we are, here we are.

And I'm now even going to do more strategic behavior and pull the rauka out under the production economy, which is a form of neo-feudalism. that you have to pay a tax to the sovereign. And there's, you know, there's an aristocracy and then there's a non-aristocracy. Well, we're going, that's what I mean by without a passport. Yeah, yeah, yeah. And so, and here we are, here we are.

And I'm now even going to do more strategic behavior and pull the rauka out under the production economy, which is a form of neo-feudalism. that you have to pay a tax to the sovereign. And there's, you know, there's an aristocracy and then there's a non-aristocracy. Well, we're going, that's what I mean by without a passport. Yeah, yeah, yeah. And so, and here we are, here we are.

Yeah, I'm trying to spend most of my time with you today characterizing what's going on. I've only said one normative thing to date so far in this, which was my belief in capitalism in a liberal democracy as the best way for human flourishing. And I'm going to give you what I plan to be only the second normative thing that I plan to say today that I think...