MAJOR BREAKING PREMIER OF ONTARIO TO SHUTOFF POWER TO 1.5 MILLION CUSTOMERS IN NEW YORK, MICHIGAN AND MINNESTOA

[BartenderElite]

No, it's not necessarily stupid. Taking risks in business is a necessity in order to achieve big payoffs. Doing 'business as usual' doesn't improve the economy, it just has it chugging along doing the SSDD routine. If anything, a 'business as usual' attitude will eventually lead to failure.

That's not an unfair point.

I just don't trust Trump - and that's not TDS. I genuinely don't think he has thought through the economic implications of what he is doing, or gotten advice from people who have a better understanding of those implications.

If the market keeps going down, any potential benefit will not matter. The negative impact will far outweigh it.

 

[T. A. Gardner]

With his history of bankruptcy? We shall see.

That's one of the things people who take risks face: failure. Being an entrepreneur involves taking risks. Bureaucrats and fat cat robber barons hate risks and seek to eliminate them. They want the status quo because that gives them control of money and power while everyone else gets kicked to the curb.

Risk taking opens up opportunities for those willing to take them and can topple existing bureaucracies, monopolies, and the sort of rich robber baron of the early 20th century.

 

[Dutch Uncle]

That's one of the things people who take risks face: failure. Being an entrepreneur involves taking risks. Bureaucrats and fat cat robber barons hate risks and seek to eliminate them. They want the status quo because that gives them control of money and power while everyone else gets kicked to the curb.

Risk taking opens up opportunities for those willing to take them and can topple existing bureaucracies, monopolies, and the sort of rich robber baron of the early 20th century.

Rolling the dice on We, the People is not what most Americans vote for when electing their leaders.

It's one thing to bet on a horse or a junk bonds with disposable income. It's another to do the same with one's kid's college funds. Elected leaders gambling with the future of all or most Americans would be just as reckless.

 

[AProudLefty]

That's one of the things people who take risks face: failure. Being an entrepreneur involves taking risks. Bureaucrats and fat cat robber barons hate risks and seek to eliminate them. They want the status quo because that gives them control of money and power while everyone else gets kicked to the curb.

Risk taking opens up opportunities for those willing to take them and can topple existing bureaucracies, monopolies, and the sort of rich robber baron of the early 20th century.

America is not an enterprise to take a huge risk on.

 

[Dutch Uncle]

America is not an enterprise to take a huge risk on.

Agreed 100%.

Trump accused Zelensky of gambling on WWIII but Trump is gambling with the future of not only millions of Ukrainians but also millions of Europeans and the global economy.

 

[T. A. Gardner]

That's not an unfair point.

I just don't trust Trump - and that's not TDS. I genuinely don't think he has thought through the economic implications of what he is doing, or gotten advice from people who have a better understanding of those implications.

If the market keeps going down, any potential benefit will not matter. The negative impact will far outweigh it.

If Trump makes you nervous, that's not necessarily a bad thing. What you should be doing is making sure you are insulated from any potential negative fallout of his risk taking. If things work out, then you are likely to benefit too. If things don't work out, you still have a soft landing. That's about all you can do.

The market is not likely to keep going down. What is likely to happen is the winners and losers in the market will change. The big questions on the table are:

Can Trump deregulate enough to free markets and industry of crushing government regulations? That would free up capital and shorten the time to bring new capacity to market.

Are the investors out there willing to pour money into the US to build new capacity? TSMC just announced they're dumping $100 billion into the US semiconductor manufacturing sector on top of the $132 billion they've recently poured in, for example. TSMC is nervous about China invading Taiwan and the company appears to be offshoring its manufacturing capacity to safer locations with the intent of leaving China with zilch if they do invade.

 

[T. A. Gardner]

America is not an enterprise to take a huge risk on.

That is the whole basis of America's success historically. In fact, that's what has made the US so successful while Mexico and Canada languished under first continued colonial oppression, then under Leftist, often Socialist governments that stifled the private sector, both saw their economy and industry limited by government. In the US, freewheeling entrepreneurs and inventors flourished with the minimal government interference our system allowed.

 

[Dutch Uncle]

That is the whole basis of America's success historically. In fact, that's what has made the US so successful while Mexico and Canada languished under first continued colonial oppression, then under Leftist, often Socialist governments that stifled the private sector, both saw their economy and industry limited by government. In the US, freewheeling entrepreneurs and inventors flourished with the minimal government interference our system allowed.

Acting in self-defense is not the same as gambling the future of all Americans on better profits for Trump's billionaire friends.

 

[T. A. Gardner]

Acting in self-defense is not the same as gambling the future of all Americans on better profits for Trump's billionaire friends.

Trump's "billionaire friends" are few in number compared to the old money oligarchs and billionaires that cozy up to the Democrats to keep the status quo going.

Aside from that, WTF do you mean by "self-defense?"

 

[Dutch Uncle]

Trump's "billionaire friends" are few in number compared to the old money oligarchs and billionaires that cozy up to the Democrats to keep the status quo going.

Aside from that, WTF do you mean by "self-defense?"

Regardless, Trump's friends hold or control most of the money in the US.

Being attacked. In the case of the Revolution, being stripped of the rights of British citizens.

 

[T. A. Gardner]

Regardless, Trump's friends hold or control most of the money in the US.

Being attacked. In the case of the Revolution, being stripped of the rights of British citizens.

Neither is true.

While Trump certainly does have billionaire supporters, they are fewer in number than those that support the Democrats. The Democrats also end up getting more cash from their supporters among billionaires than do Republicans.

Persons living in British Commonwealth nations never had full British citizenship and rights and in 1948 with the passage of the British Nationality Act, they were no longer subject to allegiance to the Crown. Since then, increasing restrictions on persons from Commonwealth and ex-Commonwealth nations have been put in place, particularly with respect to immigration to Britain.

Those living in British Overseas Territories have a separate set of rules they follow, and they too are not usually considered full British citizens.

 

[Dutch Uncle]

Neither is true.

While Trump certainly does have billionaire supporters, they are fewer in number than those that support the Democrats. The Democrats also end up getting more cash from their supporters among billionaires than do Republicans.

Persons living in British Commonwealth nations never had full British citizenship and rights and in 1948 with the passage of the British Nationality Act, they were no longer subject to allegiance to the Crown. Since then, increasing restrictions on persons from Commonwealth and ex-Commonwealth nations have been put in place, particularly with respect to immigration to Britain.

Those living in British Overseas Territories have a separate set of rules they follow, and they too are not usually considered full British citizens.

Sure just like Elon's numbers are 100% accurate as is Trump's claim 300 year old people are paid social security.


Just because a bunch of monarchists are pussies doesn't mean everyone has to be. I'm very anti-authoritarian and believe anyone who supports an authoritarian state should be neutralized.

 

[T. A. Gardner]

Let's see...

Ontario province produced 156.3 TW in 2023. Total exports to the US that year were 13.5 TW. That's 9% of its total production. The average cost of an imported US MW of electricity to Canada is $78.49 while the average cost of Canadian exported electricity to the US is $47.81 a MW. For Ontario it's $57.15 and 41.77 respectively.

That means if Canada slaps a 25% tariff on that would raise the cost of power exported to the US to about $52. On the whole, Canada won't be making out on this deal. It's likely to be a wash a best, a big loss at worst.

 

[Hawkeye10]

Let's see...

Ontario province produced 156.3 TW in 2023. Total exports to the US that year were 13.5 TW. That's 9% of its total production. The average cost of an imported US MW of electricity to Canada is $78.49 while the average cost of Canadian exported electricity to the US is $47.81 a MW. For Ontario it's $57.15 and 41.77 respectively.

That means if Canada slaps a 25% tariff on that would raise the cost of power exported to the US to about $52. On the whole, Canada won't be making out on this deal. It's likely to be a wash a best, a big loss at worst.

Money is not the point.....this is a globalist message to MAGA that not following the agenda that has been set by someone (I suspect the Han) carries penalties.

Thing is they are almost certainly degrading the stability of the grids in both countries in the service of their political point which is not just wrong....it borders on moronic and the betrayal of the people.