China makes a hybrid for 14k. I’m guessing we will have those retaliatory tariffs from China in perpetuity to protect this, and protect ourselves from lower prices.

https://www.bankofcanada.ca/wp-content/uploads/2019/01/swp2019-6.pdf

Heres a document from the BoC that outlines how QE causes wealth inequality in the short term, as asset prices rise. In the long term unemployment falls, and wages rise from greater wage pressure. So according to this study the created wage pressure reverses the wealth inequality caused by QE.

We did 4% population growth via mass immigration and allowed students to work 40 hours a week to forcefully decrease wage pressure, reversing the temporary labor shortage that existed before the Bank of Canada hiked rates, entrenching the short term asset inequality. Though as the Bank of Canada raised rates to cool the economy, and to bring down inflated asset values, we obviously now have a surplus of labor.

“Here’s how the play is likely to unfold in the weeks and months ahead: Carney will be elected Prime Minister on April 28 by a comfortable margin; [Alberta Premier Danielle] Smith will trigger a constitutional crisis, providing cover for Carney to strike a grand bargain that finally resolves longstanding tensions between the provinces and Ottawa; and large infrastructure permitting reform will fall into place. Protests against these developments will be surprisingly muted, and those who do take to the streets will be largely ignored by the media. The entire effort will be wrapped in a thicket of patriotism, with Trump portrayed as a threat even greater than climate change itself. References to carbon emissions will slowly fade…

In parallel, we expect Trump and Carney to swiftly strike a favorable deal on tariffs, padding the latter’s bona fides just as his political capital will be most needed.”

Heres one theory. A separation crisis allows us to displace Russian oil globally and drop energy prices, which is why Trump gave manufacturing a 250% greater tariff than oil and gas, which caused other provinces to vote for Carney en mass since they thought Pierre would side with Alberta and not do reciprocal tariffs to protect manufacturing.

Alberta takes a large hit on its energy exports to the US since it is land locked. Opening up LNG from BC and Alberta to the coast allows it to derive revenue on the global market, which should help when oil prices fall globally due to Trumps actions. The Canadian dollar tracks crude oil prices, so if we dont open up alternative export markets we will be taking a series of hefty haircut, as the US also devalues their dollar to increase domestic production.

https://newsletter.doomberg.com/p/the-week-that-was

As far as safety, deaths are laughably low from Nuclear. Hydro has had significantly more casualty, thousands of times more.

Counting long term emissions from coal or gas I’d assume you’d be higher as well.

This discusses why we dont invest in productivity to stay competitive, at 32:30 he goes over whats happening.

https://www.youtube.com/watch?v=bOXgOLCm54A

Its also called Capital shallowing.

Capital shallowing refers to a situation where the amount of capital per worker decreases, often due to falling wages that allow firms to substitute people for capital. This phenomenon can lead to a decline in productivity, as seen in the UK where falling wages allowed firms to substitute labor for capital, leading to capital shallowing.

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Its worker productivity and margins, oil and gas is very efficient relative to manufacturing or farming. Look at transfer payments.

Well I’m not denying climate change I just dont think its a smooth process, peoples ability to waste energy is their standard of living, and you’ll be voted out the second you limit their consumption and crash the economy.

It would drastically raise interest rates, since oil and gas make up a significant portion of our current account balance, and the housing bubble cant survive higher rates I dont believe; which you’ll also raise interest rates dramatically borrowing money to invest in renewables and meat production. We have an over 90% debt to GDP federally and provincially, which is a large weight on growth according to studies, if we cut off our exports what does that do to our debt load and productivity?

I like many of your ideas, but its economic suicide. I’ve not heard of this flow battery idea built into nature it sounds pretty neat, why are these not used in any other countries, can you really just pump water into a natural reservoir?

What would one do to fight climate change. I’m assuming the first step would be taking over zoning laws federally to rezone for density, then investing hundreds of billions into mass transit instead of social programs.

Then it would be cutting off Chinese imports, obviously dramatically raising interest rates due to inflation, potentially toppling our housing bubble.

Then ending immigration from low emitting countries, causing a dramatic fall in GDP, and an immediate recession. Does this sound right?

Heres him a year ago saying we need to become more dependent on the US for our exports.

https://www.youtube.com/watch?v=H_6dc1N31Bk

What I would have liked to have seen 10 years ago is him talking about not being so dependent on our real estate to grow GDP.

Well its good to bring so much attention to him so others can see and lose some brain cells themselves.

Alberta despite its small population makes up a great deal of our current account balance, which is what gives our dollar value in the world. On this value we’ve taken on over 90% federal/provincial debt to GDP, and we already have a grave productivity problem, yet you want to wipe out one of our most efficient industries so that you can feel good about yourself while doing nothing to prevent climate change.

Heres what tends to happen when your debt gets above 90%, which further puts a drag on our growth, and may be a large contributor as to why we have been second to last in the OECD since 2015 per capita.

https://www.businessinsider.com/kenneth-rogoff-carmen-reinhart-sovereign-debt-2010-8

Even with our federal government buying half of all mortgage bonds and extending amortizations to further devalue our dollar to gift it to boomers who own multiple rental properties?

I guess our government wasnt deliberate enough, they should just send cheques out to home owners directly.

I think it was supposed to foster cooperation, just as the equalization payments were. Yet Alberta or BC still cant export energy to Europe. Quebec is a dead weight on Canada’s productivity, and are like a spoiled child, the only role they play is in swinging the election one way or another.

Trump didnt sway the election in any way?

I figured people were afraid Pierre was going to side with Alberta and not do anything about Trumps tariffs on manufacturing. Since Alberta could easily survive 10% tariffs, while the east could never survive 25%.

What if we only funded infrastructure with debt, instead of consumption. Then we wont run into a scenario where we need to start selling assets to pay our creditors. Kind of like Keynes suggested long ago.

Who is this Joe Rogan, I should look at some of his videos I guess, thanks for bringing him to my attention.

America wants it, and provincial powers override federal, so there’s no real alternative than a crisis unfortunately.

Europe is actually building their military as well. Which their progressive voters needed a crisis to do so.

Carney also praised Trump as a great leader, did the CBC miss that part?

“Thank you for your hospitality, and above all for your leadership. You’re a transformational president focused on the economy, with a relentless focus on the American worker. Securing your borders, ending the scourge of fentinal and other opioids, and securing the world.”

I do think they know each other prior and that seems quite obvious, and that getting Carney elected was a part of a larger plan to get a pipeline to the east coast to defund Russia; using the Alberta separatism crisis to do so. Trump plays an idiot, but even the level of the tariffs were concocted to push this crisis, which was the true reason for Daniel Smith to go to Maralago.

Solar and wind definitely are cheap, until you include billions in lithium batteries to support the grid during the periods of the worst case energy production. Energy grids arent easy to restart if they go offline, blackstarts can take days and cost billions of dollars and lives.

What makes nuclear so expensive is the environmental movement through litigation, funded by oil and gas, so it makes it prohibitively expensive. I wouldnt be surprised if wind and solar are funded by oil and gas, since its perpetual vaporware, and storing that much energy for a 100% uptime grid is a massive fire hazard. France was able to build 60GW of nuclear 60 years ago before we even had computers, but I guess technology regressed and suddenly its too expensive to build.

Look at Germany shutting down its nuclear power, they ended up spending half a trillion dollars to keep the lights on due to their idiotic ideals; which would have funded the next 50 years of nuclear power. China meanwhile just pumps them out, and will replace Germany in the future, when their energy allows the cheapest production of goods and AI.

https://www.reuters.com/business/energy/germanys-half-a-trillion-dollar-energy-bazooka-may-not-be-enough-2022-12-15/