Originally posted by AlbertaFarmer5
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Despite its shortcomings, Canada is not an economic basket case
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Originally posted by sumdumguy View PostThere is no way Canada should be a basket case. With the resources we have been endowed with, productive land, abundant forests and our location between US and Europe, we should be one of the richest countries on earth.
I once visited the imperial war museum in london. There was an entire floor dedicated to the holocaust. One of the displays was about the department known as canada. They referred to the room where all of the confiscated property of the Holocaust victimswas stored and processed as Canada because Canada was known as The Land of plenty. Checking the internet it seems that name was provided by the victims themselves. Though I seem to recall it being attributed to Hitler himself according to the museum.
I can't find the quote now. But Hitler said something to the effect of any idiot can manage the resources and land base of Canada and become a rich successful country. It would be impossible to screw up when endowed with such bountiful natural riches. As compared to Germany at the time who had to be extremely industrious and productive to succeed with their limited resources and land base.
But we have found a group idiotic , incompetent and possibly traitorous enough to screw it up.
If anyone knows the actual quote, please share.
I bring this up because this tends to be the prevalent attitude of people all over the world towards canada, Europeans specifically.
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Originally posted by WiltonRanch View Post
Had to try something. Ended up he called me an anti gay bigot. I hope him being a pedophile is as untrue as me being a bigot or yuck we’re conversing with one of those.
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Unfortunately, the productive part of canada is landlocked by retards.
Quebec fought the Energy East tooth and nail, wanted no western crude crossing its territory. So now PP has pitched bringing LNG which would be liquified by hydro power and then exported.
Thats a great idea. And it will remain just an idea and another failed opportunity to move us ahead.
Remember, $600B was wasted by the Trudeau govt. Just think what we could have built with that that would have raised everyones living standards.
Never seen a country so mismanaged. Hopefully the commodity supercycle will rescue us.
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You guys can't bear the thought that the oil sands and oil industry are dragging down our productivity?
The oil industry, although important to our overall economy, is like a vacuum that sucks up large amounts of capital that could be invested in other sectors that would generate higher productivity.
Instead the petro premiers keep giving large incentives and subsidies to their oil company supporters which turns into excess profits for the petro elite.
Of course PP stands up for the little guy and will never speak against the generous subsidies to the oil industry and his petro buddies and their lobbyists that he never speaks too!
And the conservatives fall for PP's man of the little guy crap everytime!
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Lol, you must be smoking some good stuff every morningLast edited by furrowtickler; Jun 10, 2024, 07:52.
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Speaking of basket cases
Name an industry more productive than the O&G. The industry literally backstops our currency.
200,000 people working O&G contribute $290B to the economy. And the product output is 100:1 human labour. There is nothing on this planet as productive as O&G. Thank god we have it and cant wait for Dani to double it.
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Thats all you got Furrow? A lame response with no susbtance?
So the oil sands got a very low royalty rate untill all the capital costs were paid off. It was a generous subsidy to get the petro elite to invest their capital in what is a sector with low productivity.
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Originally posted by chuckChuck View PostThats all you got Furrow? A lame response with no susbtance?
So the oil sands got a very low royalty rate untill all the capital costs were paid off. It was a generous subsidy to get the petro elite to invest their capital in what is a sector with low productivity.
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