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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

In the interest of completion, like the UK is not completely a basket case.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So let's just – I don't want people to get – to misunderstand me.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Have you ever heard them talk, Rich?

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Like –

The Loonie Hour
Energy Superpower? Canada Is Blowing It

I mean, OK, so they have an extremely, extremely strong and powerful service sector.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So most countries do not.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Most countries have a very their services export and import are usually in balance.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Some countries you'll have an enormous export of services.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

UK is one of those, whether it's the obviously the financial industry is enormous, they're

The Loonie Hour
Energy Superpower? Canada Is Blowing It

You've got a heavy, strong movie industry, the law, I mean, the legal business, accounting, consulting, all this shit.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And if you look at their services exports, they're extremely strong.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So, you know, I think it's almost 6% of GDP, their exports, if I'm not mistaken, if I can just quickly check.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So, you know, they have an it's not.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Yeah.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

Six point seven percent of which is their services exports and they basically import all their.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

So they so Canada sells natural resources to pay for for consumer goods and other products.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And our services exports and imports are basically imbalanced.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

The UK is a totally different economy.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

They export loads and loads of services.

The Loonie Hour
Energy Superpower? Canada Is Blowing It

And they import lots of goods.