Is that a promise or an inside information?
this post was submitted on 01 May 2025
113 points (97.5% liked)
Canada
9612 readers
2475 users here now
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL): incomplete
Football (CFL): incomplete
Baseball
Basketball
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- Ask a Canadian
- Bières Québec
- Canada Francais
- First Nations
- First Nations Languages
- Give'r Gaming (gaming)
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 4 years ago
MODERATORS
It's confident determination
Carney knows that the world is holding the U.S. economy by the balls through bonds. China owning the vast majority of U.S. debt. Canada owns over 130 billions if I recall. If they start asking for their money, the U.S. economy will collapse.
Right now they're just giving Trump a chance to realize his mistake and roll back on his policies. Hence the "pauses".
If the war in Russia ends oil floods the market, we have deflation, and the bonds will be bought in order to ride the yield curve. Which is something to consider assuming he gets it done.
It would be extremely foolish to expect that the US will be a reliable partner going forward.
Convincing the US to reverse policies that are harming us makes sense only to give us time to transition our economy to less dependence them. It’s important to underscore this, and not hold out hope that somehow a return to the old ways is possible.
Of course. This totally changed the dynamics of world economies. It was a wake up call.
My issue is with the expressed idea of Trump realizing his mistake and rolling back.
It’s not a mistake. And they don’t want to go back. This is intentional and directed behaviour, we think it’s crazy or weird just because it’s so stupid.
I do realize I’m being an annoying pedant about it. But because I feel it’s so important to underscore this as it informs what our response needs to be.
The system of bonds and the USDs unique place in the world economy that you (accurately) described needs to be replaced. We shouldn’t try to save it or implement workarounds except as a temporary measure to disentangle ourselves in an orderly fashion.
Carney waves a Jedi hand. "These are not the countries you are looking for."
Trump needs to put a cork in it while the adults speak!
Manifest dumbsity lol