Market cap $800 bil. How much talent you could hire for that and how many new startups one could start, given that it was started with 40 mil. All but an illusion.
When you guys flood the board with all this negative shit, I lose interest in posting trading content.
This has been making rounds —- **Updated to reflect threats made by Trump the morning of March 11th.** One thing I've learned over the past few weeks, and it's been a bit of a sobering lesson, is that a lot of Americans I know don't actually know what's going on between the US and Canada right now, and just how seriously Canadians are taking this. So, against my better judgement, here's a timeline to explain why we're here, and why we're angry. Nov 30th, 2018 - The United States, Canada and Mexico finalize a trade agreement. Trump personally negotiates the terms and signs the document, celebrating it as 'the greatest trade agreement in history". (This is important.) Nov 29th, 2024 - In a face to face meeting, Trump threatens the Canadian Prime Minister, Justin Trudeau, that he will be imposing 25% tariffs and that if Canada wants to avoid that, it should join the US as a state. Nov 30th, 2024 - Trump publicly calls our Prime Minister 'Governor Trudeau' and instructs his staff to only address him as Governor going forward. He again suggests Canada should join the USA. Dec 3rd, 2024 - Trump remarks that he would split Canada into two states once annexed. Dec 10th, 2024 - Trump posts that the majority of Canadians support annexation, despite public polling that only 13% of Canadians would consider the idea. Dec 18th, 2024 - Trump again falsely states that the majority of Canadians support annexation and that one of his lapdogs, Wayne Gretzky, should have a leadership role in that new scenario. Jan 7th, 2025 - At a press conference, Trump says that he would use economic force to destroy the Canadian economy to annex it. Jan 14, 2025 - Trump again claims that most Canadians want to be American, despite new polls showing only 10% of us are open to the idea. Jan 20th, 2025 - During his inaugural address, Trump says that the U.S. will 'expand its territory' during his second term. Jan 23rd, 2025 - At the World Economic Forum, Trump says that Canada can avoid tariffs and economic collapse if it joins the US. He says this in front of representatives from most countries in the world. Jan 24th, 2025 - Trump states publicly that Canada 'will' become a state Jan 31st, 2025 - Trump announces a 25% tariff on all Canadian imports to begin the next day. Feb 2nd, 2025 - Trump refers to Canada as its 'Cherished 51st state' and that it should join the US to avoid tariffs. Feb 3rd, 2025 - A one month delay is agreed upon. Trump, in a conversation with Trudeau states that he doesn't think existing border treaties with Canada are valid, and need to be revised. Feb 7th, 2025 - In a closed door meeting with his cabinet, Prime Minister Trudeau is recorded, without his knowledge, telling everyone that he believes very strongly that Trump is serious and that he stated his reason for annexation as Canadian resources. Feb 9th, 2025 - In a Super Bowl pre-game interview, Trump says that he's serious about his threats, calling it a 'viable consideration for expanding US territory' Feb 10th, 2025 - Trump announces an additional 25% tariffs on steel and aluminum imports from Canada to come into effect March 12th. Feb 24th, 2025 - Trump publicly remarks that whoever signed the USMCA agreement is an idiot. He was the one that signed it. Feb 27th, 2025 - Reports of American spy planes and reconnaissance aircraft flying over southern Alberta and Saskatchewan. March 4th, 5th, and 6th 2025 - Tariffs come into effect. Canada retaliates with it's own tariffs. Tariffs are again postponed until April 1st after a huge market backlash. March 4th, 2025 - In an address to a joint session of congress, Trump states that the US will own Greenland 'one way or the other'. March 5th, 2025 - US Secretary of Commerce Howard Lutnick told Canadian finance minister Dominic LeBlanc that Trump "had come to realize that the relationship between the United States and Canada was governed by a slew of agreements and treaties that were easy to abandon." March 7th, 2025 - Unconfirmed Memorandum and maps leaked on twitter reveal Trump is allegedly planning to annex the entirety of the great lakes and Southern Ontario, home to 13,491,332 Canadians. This amounts to 35.25% of Canada's total population and includes its largest city, Toronto. This region accounts for 38% of the Canadian economy, and its loss would make Canada's independence functionally impossible. March 8th, 2025 - Canada's foreign minister warns European allies that their government considers Canada to be under existential threat. March 9th, 2025 - Mark Carney, the new Canadian Prime Minister, in his acceptance speech, states that Trump is seeking to destroy Canada, and its way of life. March 11, 2025 - President Trump threatens to “permanently shut down the automobile manufacturing business in Canada” if Canada does not drop a 250% to 390% tariff on U.S. dairy products, which he doesn’t state only kicks in after a certain quantity of tariff-free U.S. dairy enters Canada, a quantity that was originally negotiated and agreed to by Trump during the USMCA in 2018. In Trump's own words, "The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear. Canadians’ taxes will be very substantially reduced, they will be more secure, militarily and otherwise, than ever before, there would no longer be a Northern Border problem, and the greatest and most powerful nation in the World will be bigger, better and stronger than ever — And Canada will be a big part of that. The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World — And your brilliant anthem, “O Canada,” will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!" To my American friends, I know most of you are amazing and generous people. You didn't ask for this, and I understand that. I hold no ill will towards you, whatsoever. But I must stress, with as much seriousness as I can, the amount of damage this has done. We have viewed you as our closest friend and ally for a century. We thought of you as brothers and sisters. We answered the call, again and again, for any support you needed from us. Most of Canadians visit the USA so much that we've seen more of the US than we have the rest of Canada. American products have been taken off our shelves. Canadians are cancelling travel plans to the US. Photo after photo has been shared on social media of empty flights from Canada to the USA. This isn't a joke to us. We're not overreacting. We don't think he's just saying this shit to cause chaos or negotiate a deal. We wholeheartedly believe that our closest ally and friend is about to bring violence across our border, economically destroy us, and eliminate our way of life. The main driver for Canada's creation in 1867 was SPECIFICALLY to not be part of America, and to end America's very public threats and plans to annex our territory. We're angry. We're really, really fucking angry. Open your eyes to what's happening because we're tired of trying to make you understand why and asking you why it seems like none of you care. ** I still hope that there is time to repair this. I still believe that this is the result of one man's plan to burn it all down. But time is running out, and fast. **Note** The hundreds of positive comments and messages I've received from Americans today have restored my faith in you, and humanity. You do care, and I was wrong in assuming you didn't.—Mugsy Margarit
Been to the States many many times over the years..NOT this year, or the next few until the clown is out/taken out.
I wouldn't worry about that every happening unless Canadians decide THEY want it to happen. Canada is not going to become another State. I understand Canadians being upset about that issue. He is using that as a means of pressure in tariff and trade negotiation. There is no way that is going to happen. It is not just Canada he is threatening with tariffs or financial aid. There is Mexico. Central America even Europe. Then China....etc. The real issue is the trade imbalances, and he is determined to fix that (but I personally think it is better to entirely eliminate them) because those GOVERMENTAL trade agreements have taken the manufacturing heart and basically destroyed our jobs. Because of them our factories went to other countries because they could not compete. These governmental agreements were incentives for American corporations to move out of the country and we have become a nation of consumers that live off products that others now produce. This creates wealth, jobs, and revenue for other countries. What Trump is doing through tariffs is taking away the incentives for manufacturing to be outsourced, is attempting to overhaul the tax system using tariffs to fund the US government by creating an external tax revenue system for the USA, bringing the jobs back here, increasing the revenue here in USA, making us to become a manufacturing powerhouse again like we once used to be. In other words, he is aiming at putting America first and making America great again instead of just a nation who doesn't produce but just consumes and the people slowly but surely turning socialist in their W.V. and becoming dependent on the government for their livelihood. He wants independence, pride in work, pride in producing something worthwhile to come back to America instead of a consumer nation that gets further and further into debt to just survive. We sell and give away our ingenuity and information through trade deals. We create military alliance that cost us Americans trillions of dollars. We create trade alliance that cost us in more ways than one. Nixon started that with China trade deals years ago. Then Clinton pushed NAFTA. I used to be all for it. I thought NAFTA would be a great and wonderful deal and bring great prosperity. Well, it has for some but not for us. It has turned us into a dependent nation and a dependent people who want the government to become our provider. Those business that need workers here can't get them. This generation is quickly losing their pride and usefulness to our society although a few young people are making a comeback and want something different. They want to make a contribution to society and not just be just a bunch of consumers. I was in the local Post Office the other day and noticed workers there I had not seen before. They came to help out from another Post Office. The gentleman that waited on me (probably in his 60's) told me: ALL the Post Offices are short of workers. He said the young people don't want to work. They will get a job with the Post Office work until they get their first big paycheck and then simply quit. Yes, this is a character problem that starts at home and upbringing, but all this outsourcing of jobs and production exacerbates it exponentially. Kids go to college then can't get jobs in the field they studied for then end up living at home, wanting government help, or working at some fast-food place. Free trade has done a big part in destroying the dreams, hopes, ambitions, and aspirations of our youth (which I think contributes to drug consumption too) while enriching those corporations that have moved their businesses out of the country. I can tell you that is destroyed out local economy, starting in 1993 with the signing of NAFTA. Our local jobs and production were exported out to Mexico, Honduras and other countries. Then those countries in turn bitch about being mis-treated by US corporations. It is just better to do away with all this stuff. Let each country produce their own goods and make them available if others want to buy them. Quit these free trade agreements. They just lead to disagreements like we are having now and can in extreme cases lead to war. It is best to not get entangled in other nations. Globalism is a destructive force and a scourge. The world doesn't need it. It has become so entrenched it is going to take drastic measure to irradicate it from American society. Trumps plan is to MAGA by turning this on its head. Bringing manufacturing back to America by making it harder and too expensive for corporations to export our jobs, our dreams, ambitions and our hopes. And if foreign manufacturing want to sell us their products then open their factories here in the USA. Or produce their products in their OWN factories and then tell us their price and if we are willing to pay it then we trade but forget these governmental controlled free trade agreements. I have friends in Canada, Mexico, Argentina, and Honduras and these agreements just stir up ill will among nations. Trump's drastic measures are an attempt to reverse this damage we perceive as being done to American society. I know Canadians likely see it differently. I think Canada should just say to USA or any other country "you want to buy our oil and our electricity that WE Canadians produce in our country then this is our price. Take it or leave it up to you." And the USA should do the same with our products but alas we don't have much to sell because we don't produce but consume. Trump is going to change that. So, tariffs serve to generate income in our own country, create jobs at home here in the USA. So, we get the jobs, the money, the revenue, and the products. That is really what all this is about. Canada nor Mexico will become states. Greenland is a different issue. I am sure he would really like to have Greenland for strategic military purpose.
Canada retaliating again!!!! I'm going to repeat this every single day the US is going to lose the tariff war. https://www.cnbc.com/2025/03/12/canada-tariffs-steel-aluminum-trump-computers.html