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Donald Trump vs. the bond markets. The odds favour the bonds

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  • chuckChuck
    Senior Member
    • Dec 2006
    • 12786

    #11
    But Carney isn't the one that is creating chaos around the world with tarrifs on and off again that are going to slow the economy and put the US in a really bad spot with tax cuts for the rich and an a reduction in services and income for the lowest income citizens.

    The Premiers are giving Carney a lot of praise for yesterdays meeting in Saskatoon.

    And an energy super power includes lots of renewables that create wealth and help run the country. It's not one or the other. It's investments in both renewables and fossil fuels and all kinds of projects that create wealth and jobs. Not just in the oil industry.

    Maybe some of you guys will figure it out eventually but I am doubtful many of you can get past "renewables bad fossil fuels good".
    Last edited by chuckChuck; Jun 3, 2025, 07:30.

    Comment

    • blackpowder
      Senior Member
      • Feb 2010
      • 9266

      #12
      " It's investments in both renewables and fossil fuels and all kinds of projects that create wealth and jobs."

      Right.
      How's that been going the last 10 years? Or 20, 30, 40, for that matter I suppose.
      We shall see if Carney can pull this selfish bunch of brats together.

      BC already pushing back.

      Comment

      • shtferbrains
        Senior Member
        • Jun 2017
        • 5202

        #13
        Originally posted by chuckChuck View Post

        The Premiers are giving Carney a lot of praise for yesterdays meeting in Saskatoon.

        And an energy super power includes lots of renewables that create wealth and help run the country. It's not one or the other. It's investments in both renewables and fossil fuels and all kinds of projects that create wealth and jobs. Not just in the oil industry.
        Carney's New Green Economy dream.
        Same one Justin Trudeau tried to sell but with a much more polished presentation.
        He's had lots of practice giving it to his failed climate cartel that was only going to supply funding to projects that met all their DEI criteria.
        That didn't work and crashed and burned.
        Now he's here to prove to all those high finance people that rejected him that he can make something work that has failed everywhere it was adopted.
        Mostly Europe and the USA under Biden's oddly named Inflation Reduction Act.
        Nobody in the world is looking for "decarbonized barrels" that he pitches as a favor to the O&G sectors.
        The investors abandoned his climate cartel and won't be involved here in the same BS.

        That leaves Canadian taxpayers and huge Inflation and deficit budgets.

        Comment

        • chuckChuck
          Senior Member
          • Dec 2006
          • 12786

          #14
          Originally posted by blackpowder View Post
          " It's investments in both renewables and fossil fuels and all kinds of projects that create wealth and jobs."

          Right.
          How's that been going the last 10 years? Or 20, 30, 40, for that matter I suppose.
          We shall see if Carney can pull this selfish bunch of brats together.

          BC already pushing back.
          So the oil industry in Alberta isn't creating wealth and jobs? Is that what you are saying BP?

          What's wrong with also creating jobs in other sectors that aren't oil and gas? That aren't dependent on the ups and downs of a volatile commodity.

          You got a problem with diversifying investments? Even Saudia Arabia is diversifying their economy.

          Texas and North Dakota also have a lot of renewables.

          So what's your problem BP?

          You still can't get past "renewables bad fossil fuels good".
          Last edited by chuckChuck; Jun 4, 2025, 07:07.

          Comment

          • blackpowder
            Senior Member
            • Feb 2010
            • 9266

            #16
            Originally posted by chuckChuck View Post

            So the oil industry in Alberta isn't creating wealth and jobs? Is that what you are saying BP?

            What's wrong with also creating jobs in other sectors that aren't oil and gas? That aren't dependent on the ups and downs of a volatile commodity.

            You got a problem with diversifying investments? Even Saudia Arabia is diversifying their economy.

            Texas and North Dakota also have a lot of renewables.

            So what's your problem BP?

            You still can't get past "renewables bad fossil fuels good".
            Not so quick to assume.
            Reread my post.
            I was agreeing with you and calling all provinces selfish brats.

            Comment

            • LEP
              Senior Member
              • Feb 2007
              • 2493

              #17
              Originally posted by chuckChuck View Post

              So the oil industry in Alberta isn't creating wealth and jobs? Is that what you are saying BP?

              What's wrong with also creating jobs in other sectors that aren't oil and gas? That aren't dependent on the ups and downs of a volatile commodity.

              You got a problem with diversifying investments? Even Saudia Arabia is diversifying their economy.

              Texas and North Dakota also have a lot of renewables.

              So what's your problem BP?

              You still can't get past "renewables bad fossil fuels good".
              The myth of the good jobs created by the renewable energy industry is a farce. It is strictly a bunch of installers. Guys that put in posts and bolt together brackets that were manufactured overseas.

              Once that is done, then what?

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 21880

                #18
                Originally posted by LEP View Post

                The myth of the good jobs created by the renewable energy industry is a farce. It is strictly a bunch of installers. Guys that put in posts and bolt together brackets that were manufactured overseas.

                Once that is done, then what?
                They will need workers to take everything down and send to land fills in 1/2 the life expectancy.
                so maybe it’s that ?

                Comment

                • chuckChuck
                  Senior Member
                  • Dec 2006
                  • 12786

                  #19
                  So you want to pay more for electricity generation that requires a lot more maintenance and workers?

                  That's like saying I want to buy a piece of machinery that requires more upkeep and costs more to operate than a more reliable option.

                  Comment

                  • LEP
                    Senior Member
                    • Feb 2007
                    • 2493

                    #20
                    Originally posted by chuckChuck View Post
                    So you want to pay more for electricity generation that requires a lot more maintenance and workers?

                    That's like saying I want to buy a piece of machinery that requires more upkeep and costs more to operate than a more reliable option.
                    So you admit building solar panels doesn't generate much for economic activity. The Liberals think they will turn Canada into an economic superpower with this myth

                    Not saying solar is cheap, just that Canada's part is installing them, not manufacturing.
                    Last edited by LEP; Jun 5, 2025, 07:44.

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