Jim Balsillie
👤 PersonAppearances Over Time
Podcast Appearances
inserting the rent stuff where you get really high rents which means that drives up your gdp per capita through higher terms of trade and so their thinking is that i'm going to make you pay to come in here that's going to uh enhance our the prices we get and we believe that's going to deflate your currency because it makes you and a deflation of a currency is like a pay decrease or an
inserting the rent stuff where you get really high rents which means that drives up your gdp per capita through higher terms of trade and so their thinking is that i'm going to make you pay to come in here that's going to uh enhance our the prices we get and we believe that's going to deflate your currency because it makes you and a deflation of a currency is like a pay decrease or an
inserting the rent stuff where you get really high rents which means that drives up your gdp per capita through higher terms of trade and so their thinking is that i'm going to make you pay to come in here that's going to uh enhance our the prices we get and we believe that's going to deflate your currency because it makes you and a deflation of a currency is like a pay decrease or an
Because it buys less. And you sell it for less too. Right. So that worsens your terms of trade, which benefits America's terms of trade. So they're trying to shift the structure of the global economic system where they become effectively aristocratic and everyone else is some lower economic status economy. and that is an economic logic being played out to Mexico and Canada.
Because it buys less. And you sell it for less too. Right. So that worsens your terms of trade, which benefits America's terms of trade. So they're trying to shift the structure of the global economic system where they become effectively aristocratic and everyone else is some lower economic status economy. and that is an economic logic being played out to Mexico and Canada.
Because it buys less. And you sell it for less too. Right. So that worsens your terms of trade, which benefits America's terms of trade. So they're trying to shift the structure of the global economic system where they become effectively aristocratic and everyone else is some lower economic status economy. and that is an economic logic being played out to Mexico and Canada.
The tricky part is there's not a lot more blood to get out of the stone that is Mexico. I think there is a legitimate security thing that they're paying attention to. With regards to the border? Yeah, and there's probably a couple little strategic things they want in the economy, access to the oil system and owning it and so on.
The tricky part is there's not a lot more blood to get out of the stone that is Mexico. I think there is a legitimate security thing that they're paying attention to. With regards to the border? Yeah, and there's probably a couple little strategic things they want in the economy, access to the oil system and owning it and so on.
The tricky part is there's not a lot more blood to get out of the stone that is Mexico. I think there is a legitimate security thing that they're paying attention to. With regards to the border? Yeah, and there's probably a couple little strategic things they want in the economy, access to the oil system and owning it and so on.
But there's a lot of blood to get from the Canadian prosperity because we're a relatively prosperous and rich country, eroding as we are. There's a lot of gems in there to get. So I think his objective, if you weaken it enough, you go in for the gems and you hold it in a subordinate position. Because that's the economic logic that is at play here. So it's a dominance logic, fundamentally.
But there's a lot of blood to get from the Canadian prosperity because we're a relatively prosperous and rich country, eroding as we are. There's a lot of gems in there to get. So I think his objective, if you weaken it enough, you go in for the gems and you hold it in a subordinate position. Because that's the economic logic that is at play here. So it's a dominance logic, fundamentally.
But there's a lot of blood to get from the Canadian prosperity because we're a relatively prosperous and rich country, eroding as we are. There's a lot of gems in there to get. So I think his objective, if you weaken it enough, you go in for the gems and you hold it in a subordinate position. Because that's the economic logic that is at play here. So it's a dominance logic, fundamentally.
Yeah, it's an economic insecurity dominance logic.
Yeah, it's an economic insecurity dominance logic.
Yeah, it's an economic insecurity dominance logic.
I'm angry. I'm angry about. Yeah. Yeah. I'm angry about them. Yeah. I wake up angry on it because I feel. it's wrong at so many levels. So that's my second normative thing. I'll shed it. Now, you be a clinical psychologist, make me feel a little better, and I'm bothered by it. And I think it's going to hurt one in four people. What about the one in four people that have food insecurity?
I'm angry. I'm angry about. Yeah. Yeah. I'm angry about them. Yeah. I wake up angry on it because I feel. it's wrong at so many levels. So that's my second normative thing. I'll shed it. Now, you be a clinical psychologist, make me feel a little better, and I'm bothered by it. And I think it's going to hurt one in four people. What about the one in four people that have food insecurity?
I'm angry. I'm angry about. Yeah. Yeah. I'm angry about them. Yeah. I wake up angry on it because I feel. it's wrong at so many levels. So that's my second normative thing. I'll shed it. Now, you be a clinical psychologist, make me feel a little better, and I'm bothered by it. And I think it's going to hurt one in four people. What about the one in four people that have food insecurity?
Like, for goodness sakes, people need food and a home. And now... Really? And you're going to erode the whole system, hurt Canada comparatively more, still hurt America, and vulnerable people are going to pay the largest price. Because what? Because that's how the aristocracy works and let them eat cake. And... Yeah, as a proud Canadian and somebody that believes in... My dad was an electrician.
Like, for goodness sakes, people need food and a home. And now... Really? And you're going to erode the whole system, hurt Canada comparatively more, still hurt America, and vulnerable people are going to pay the largest price. Because what? Because that's how the aristocracy works and let them eat cake. And... Yeah, as a proud Canadian and somebody that believes in... My dad was an electrician.