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Rich Diaz

πŸ‘€ Speaker
934 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So hardware is going to the moon, and software is just still very, very weak.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And it's funny.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Well, that sounds like a one-off.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

But in general, we've been talking about this for a while.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

If you have higher natural gas prices, that's the feedstock to urea.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

and all these nitrates and fertilizers, and eventually, just like what happened in 2021, 22, you will get higher food prices, for sure.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Not that would be a waste.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

I know it's been in shambles for a little while, but did you say 30 or 10 year?

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Sorry.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Yeah.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

The UK is like the UK is, I think what is like everything you should not do as a country.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And in many ways, it's like the path Canada wants to go down.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

They even floated this idea of making cigarettes illegal for people under the age of 18.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And then like two weeks later, people in Canada were talking about it.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Um, but the, the reality is, is they're just not productive.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

I mean, I know, I know I go on and on about this, but it really is, is simply that they, they just do not generate enough growth.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Um, and their spending is dislocated from that reality.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So they're running big, they're enormous deficits.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Their tax take, if I'm not mistaken, is that a 70 year high seven, zero year high, um, relative to GDP, um,

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You have 4 million people on benefits and rising.