Recent content by WyattEarp

Who the fuck started this discussion on a thread about trade deals? Oh wait, let me guess.

I think the members have some point about potash. Probably not as much as they think though. If Canada takes their potash and ships it all to China, the profit margin is eroded. The U.S. conversely would be forced to buy potash from overseas and pay the higher shipping costs. Potash is a...

Three months ago, I didn't want to point out that inventory adjustments were the main cause of the first quarter slow down. This would have been chastised by the histrionic left here. When importers accelerated imports to get ahead of tariffs, that inventory increase negatively offset GDP...

I didn't say anything of the such. You seem to want to fall back on some idea that denies global mercantilism and protectionism. Even if American consumerism was the main problem, we would have seen the dollar weaken a long time ago but we didn't really see such a development until Trump's...

I think you are taking a strictly Canadian view. The Trump Administration basically broke the eighty year covenant that the U.S. would hold together global trade by absorbing most of the globe's excess production and allow some friction in trade. Per Google AI: The term "buyer of last resort"...

This goes on with politicians all over the industrialized world for different products. That's why trade agreements are so difficult to negotiate. That's also why you will hear about trade negotiations long after Trump is gone. It will never end.

I agree with you, but I'm sure there was more to why Trump Towers failed in Toronto. I don't think Canadian banks could have been the main reason. For some reason, he had a great run developing mixed use hotel and condo properties. I don't know why someone would buy a condo for a premium just...

Generally, I am in agreement that the U.S, Canada and almost all industrialized countries subsidize, protect and/or provide price supports to agriculture. Some of this is the dynamic of farmers and those reliant on local agriculture being located in political districts where they bear a lot of...

The intellectual dishonesty is starting from a position that every Trump policy has to be wrong and cannot be effective in any way. Remember when Trump forcefully said NATO countries had to meet their commitments. The liberal coverage was that he was abandoning our allies the poor Europeans...

It appears he is overplaying his hand in dealing with Canada. Let's not allow this to dismiss the overall problem of the trade deficit with the rest of the world. I suspect Trump's heavy-handed approach is personal. I can't believe he is concerned about Canadian dairy supply management. Perhaps...

So the Japanese sell the U.S. bonds. What do you suppose happens to the money? Something has to happen to it after all. Even if the Japanese bought gold, the dollars that the gold sellers accumulate need to find a home. The monies need to be absorbed into an economy. I can explain this to the...

I have no idea how you came to your comparative conclusions. In reality, trade agreements have very little teeth behind them. Trade agreements are just another cooperative commitment.

Kind of like NATO military spending commitments?

Wars involving oil producers raise prices and it stands to reason that the end of these wars lower prices. The Ukraine war raised prices for a short time, but the glut of oil tamped prices down. And then, there's the decrease of Russian oil production...

I actually agree with you. However, I would say trade agreements aren't worth much under any U.S. regime. Countries like those in the EU will start working around trade agreements to create or get back advantages for their industries.