RE:RE:RE:RE:RE:RE:RE:RE:RE:Trump hatersSo be it then, it won't impact me as much. I'm retired, my house is paid off, no debt and a comfortable income stream. But, there are many couch potato and bar stool critics who are debt heavy and dependent on a weekly paycheque who are screaming for blood, an eye for an eye response but don't realize that they may just get swept out by the tide when the waves comes crashing in on them. It's no fun allowing a bully to slap our face, but sometimes it's better to turn the other cheek.
BBDB859 wrote: You are right Flamingo. All those things will happen to our economy if we retaliate. Inflation & unemployment is a given. But the point here is that, we don't have any choice. We have to retaliate. So given that fight that Trump proposes, canada will have to pick and chose which Tarrifs are the most effective ones.
So Ford is right. Use the energy supply to hit them where it hurts. They're the most effective.
flamingogold wrote: As I said, there will be much pain from a tariff war on both sides. But, the US could survive a retaliation from us. We likely would not. Unemployment here would spike to double digits. Inflation would come back forcing the Bank of Canada to increase rates. How well is that going to work out for us when people with mortgages lose their job and now have higher financing cost on top?
Letsmakemoredol wrote: flamingogold wrote: Unfortunately, we are in a no-win situation and Trump knows it. We essentially have no government now. Any tariffs on us will hurt, 10% puts us in a recession by the summer, 25% by Spring. And that's with no retaliation from us. If we retaliate, it adds fuel to the fire. The US gets a slap on the face, but we get hurt even worse.
bicente wrote:
comquat wrote: USA laughing stock of the Planet just another Corrupt Facist Regime just look at the Supreme Court decisions and bribed judges, cut off their oil from Canada plus hydro Electric plus Fresh water ie Columbia River originates in Canadian Rockies do this if there is any tarrifs put on Canadian products and F this FN Orange Facist
Ford had some great words of wisdom today :
I guarantee if Ontario/Quebec shuts off electcity to NE USA you will have rioting in less than 24 hours. Shut off the oil pipelines to the US and when people see $5,6,7,8 per gallon at the pumps there will be rioting coast to coast calling for "death to Trump"
We don''t have power? sorry, we do, we just have to know where the strengths are.