this post was submitted on 08 Jul 2025
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This is an excellent piece from Joseph Stiglitz.

Everyone should read it.

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[–] karlhungus@lemmy.ca 8 points 1 day ago (2 children)

What did we get, cause it sure does seem like nothing.

[–] buddascrayon@lemmy.world 9 points 1 day ago* (last edited 1 day ago) (2 children)

I think the point is that by capitulating on this, Canada has gained time. Time to make deals with other countries as trade partners, time to source necessities (that they have gotten from the U.S. for literally decades) from other countries, and time to build up their own military might in case Trump makes good on his idiotic "51st state" bullshit.

[–] bowreality@lemmy.ca 3 points 10 hours ago

That’s what I am hoping this is. All just a big game for more time to pivot away from the USA. What we need is time time time.

[–] karlhungus@lemmy.ca 3 points 23 hours ago (1 children)

I guess we'll find out in time, but that's sort of my point. Trump's well known to fold (TACO), maybe he would have shown up to the table anyway, or written us a letter!

[–] buddascrayon@lemmy.world 2 points 13 hours ago (1 children)

Here's the thing. They have markets too. And his Taco behavior is rocketing every market across the globe every time he does this. And some speculate that he is making a load of money by doing this. Maybe he is, maybe he isn't, I don't know. I don't think he's smart enough to actually take advantage of this. Though I know there are people out there who are and are making a ton of off of this. But all these countries crave stability, and the only way they're going to get it is if Trump stops with all of his idiotic tariff talk. And before you say anything, no he will not learn his lesson. It has been over 6 months since he took office and he, despite everyone ignoring him constantly, has continued his unyielding parade of stupid.

[–] karlhungus@lemmy.ca 1 points 12 hours ago (1 children)

Maybe he is, maybe he isn't

WHAT. He sold beans for money in his first term, of course he's making money off of it.

I don't think he's smart enough to actually take advantage of this.

This is one of his major MO's making money, maybe he missed the first few times, but he's done it so much now that he's for sure making money on these bets, just like every supporter he's got out there.

Why do you think he walked away from the table because of the DST, because he cares about gig tech? They paid him -- that's why they got seats at his inauguration.

And before you say anything, no he will not learn his lesson.

Disagree, this is a lesson reinforces itself, I bet he continues this way. I'm not saying he's smart, just greedy.

[–] buddascrayon@lemmy.world 1 points 8 hours ago* (last edited 8 hours ago)

That's the thing, he sells shit. He is, in every respect, a glorified used car salesman. He takes garbage and dresses it up into gilded trinkets that he pawns off on the morons who believe in him. He also definitely used Mar-a-Lago as a way to launder bribes from foreign nationals. (Yet another reason why presidents should be constitutionally required to divest everything they own before being allowed to take office.)

Disagree, this is a lesson reinforces itself, I bet he continues this way. I'm not saying he's smart, just greedy.

Trump wants a "win". He will keep doing what he is doing until he can say "See, I won!". He is that petty and small minded.

[–] Zamboni_Driver@lemmy.ca 4 points 1 day ago

We're in the middle of discussions right now. We don't find out what we gained or lost for a few more weeks.