Jim Balsillie
👤 PersonAppearances Over Time
Podcast Appearances
I don't have a public policy that supports me there. But I'm sure not going to turn my dollar into 10 cents. Now, the public investments have always turned 10. a dollar into 10 cents, but that's taxpayer money. But if a businessman does that, they're quickly bankrupt and out of the business.
I don't have a public policy that supports me there. But I'm sure not going to turn my dollar into 10 cents. Now, the public investments have always turned 10. a dollar into 10 cents, but that's taxpayer money. But if a businessman does that, they're quickly bankrupt and out of the business.
I don't have a public policy that supports me there. But I'm sure not going to turn my dollar into 10 cents. Now, the public investments have always turned 10. a dollar into 10 cents, but that's taxpayer money. But if a businessman does that, they're quickly bankrupt and out of the business.
So his articulation and framing of, we just have to spend more money longer, which is Einstein's definition of insanity, I think is misplaced because he's not resolving the core issue, which is what creates a good investment opportunity in an era of intangibles.
So his articulation and framing of, we just have to spend more money longer, which is Einstein's definition of insanity, I think is misplaced because he's not resolving the core issue, which is what creates a good investment opportunity in an era of intangibles.
So his articulation and framing of, we just have to spend more money longer, which is Einstein's definition of insanity, I think is misplaced because he's not resolving the core issue, which is what creates a good investment opportunity in an era of intangibles.
And so I look at his prescriptions and you have to, it's important to understand this for people is that he's a macroeconomist and a central banker. And that's a very narrow function, right? Your responsibility is price stability of the money systems, banking stability in the regulatory, compliance of the payment systems. You operate in a narrow but important realm.
And so I look at his prescriptions and you have to, it's important to understand this for people is that he's a macroeconomist and a central banker. And that's a very narrow function, right? Your responsibility is price stability of the money systems, banking stability in the regulatory, compliance of the payment systems. You operate in a narrow but important realm.
And so I look at his prescriptions and you have to, it's important to understand this for people is that he's a macroeconomist and a central banker. And that's a very narrow function, right? Your responsibility is price stability of the money systems, banking stability in the regulatory, compliance of the payment systems. You operate in a narrow but important realm.
But your involvement with the firm and the productivity, that's a very distant part. It seems similar. Right.
But your involvement with the firm and the productivity, that's a very distant part. It seems similar. Right.
But your involvement with the firm and the productivity, that's a very distant part. It seems similar. Right.
Well, the metaphor I can say is it's like he's a leading dermatologist. Yeah. He's a doctor. Yeah. And he said, well, I'm a doctor. I'm going to do a neurosurgery because that's a doctor and the brain is very close to the face, which has got skin. So I can do this. And in fact, these are very, very different realms that have very different levels of expertise.
Well, the metaphor I can say is it's like he's a leading dermatologist. Yeah. He's a doctor. Yeah. And he said, well, I'm a doctor. I'm going to do a neurosurgery because that's a doctor and the brain is very close to the face, which has got skin. So I can do this. And in fact, these are very, very different realms that have very different levels of expertise.
Well, the metaphor I can say is it's like he's a leading dermatologist. Yeah. He's a doctor. Yeah. And he said, well, I'm a doctor. I'm going to do a neurosurgery because that's a doctor and the brain is very close to the face, which has got skin. So I can do this. And in fact, these are very, very different realms that have very different levels of expertise.
But there seems to be a comfort and a cavalierness way into realms that... have Canada's performed poorly. He has been part of a scene that's performed, an architect of a scene that's performed poorly. And he has no expertise in this realm and no experience. He didn't need to have it as central banker, but he's availing as if he does.
But there seems to be a comfort and a cavalierness way into realms that... have Canada's performed poorly. He has been part of a scene that's performed, an architect of a scene that's performed poorly. And he has no expertise in this realm and no experience. He didn't need to have it as central banker, but he's availing as if he does.
But there seems to be a comfort and a cavalierness way into realms that... have Canada's performed poorly. He has been part of a scene that's performed, an architect of a scene that's performed poorly. And he has no expertise in this realm and no experience. He didn't need to have it as central banker, but he's availing as if he does.
And it makes me nervous because his thinking to me is just a more efficient Trudeau. Yes, much more efficient. More professional.
And it makes me nervous because his thinking to me is just a more efficient Trudeau. Yes, much more efficient. More professional.