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Bank of Canada governor: Trump’s tariffs creating once-in-a-century economic shock
(www.politico.com)
Another once in a century event... Fucking yay..
this post was submitted on 16 Apr 2025
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Either statisticians don't know what centuries are or someone rigged this one
I mean... The Great Depression is about 100 years ago... :\
But we also had the banking crisis, the euro crisis, the refugee crisis (which wasn't necessarily economic), COVID (which wasn't only economical) then the gas crisis / inflation crisis / cost-of-living crisis or whatever you call what happened in '22/'23 and now we have the Trump crisis / Tariff crisis or whatever you want to call the mess in right now. Sure they are all related in some way just like the world wars were related to the great depress but it sure is not feeling once-in-a-century. Hell, this one doesn't even feel once-in-a-decade.
Edit: I now see the article writes about a once in a century economic shock, which I would say is a lot less bad than a crisis, but ok.
Those weren’t “once in a century” level crises. This is like The Great Depression and World Wars level shockwaves.
I agree with you about the severeness of this event over the others (except for covid, none of those crises were global for example), but during each of those crises I've heard experts say these are things that just happen 'once every century' with an example of how that thing happened less than a century ago. Just like once-in-a-century floods, although they are definitely not as global (imagine that!). The only thing thing I haven't dealt with twice so far is a pandemic, although if you look at what's happening in the us that might also not take another century.
Time for the "Greatest Depression".
A depression of bigly proportions. Some would say the best most amazing depression the world has ever seen.
Statisticians know that things with a one in a hundred chance can happen more than once in a hundred years. Or less....
Flip a coin - you may get heads twice in a row even though there is only a one in two chance of getting heads.
This one is fully warranted, especially considering orangeboi keeps talking about subsuming Canada. We would be walking into a fucking meat grinder of unbelievable proportions, if we tried to force the issue, and I don’t think that prospect would stop him from actually doing it.
Seriously: kick us out of NATO. We are a threat to you. Save yourselves.