10 Nov 2024
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How will the canadian economy be affected by Donald trumps presidency
Man, that's a heavy question. So, when you think about Trump's presidency and its impact on the Canadian economy, you gotta consider a bunch of angles. First off, there's this whole trade relationship between the U.S. and Canada, and that’s a huge deal. Trump's approach to trade—like the tariffs and the trade wars—can really shake things up. A lot of small business owners up in Canada are feeling the heat from those tariffs. They’re trying to figure out how increased costs are gonna hit them, you know?
And then you've got the political landscape. There are a lot of Canadians who are frustrated with Trudeau, just like how some Americans feel about Biden. It’s not all rainbows and sunshine up there. If Trump’s policies lead to economic instability, it could create some serious ripple effects in Canada.
You know, Canada depends a lot on trade with the U.S. If the economy here starts to tank because of his policies, they’re gonna feel it too. It’s like a complex domino effect where if one thing shakes, everything else can get wobbly. It’s a crazy interconnected world we live in.
But here's the thing—there's always a silver lining. If things get tough, that might push Canada to innovate, to find new markets, and to build stronger economic ties elsewhere. So yeah, it’s a mess, but sometimes you gotta go through the fire to come out stronger on the other side, right?
What guests have you had on that professionalize in economics
Oh man, we've had some really interesting guests on the show when it comes to economics. One guy that stands out is Peter Schiff. He's super knowledgeable and has strong opinions about financial systems and market dynamics. We had a great conversation where we really dove into the complexities of the financial landscape.
Also, I’ve talked to Matt Taibbi, who did some incredible coverage on the 2008 financial crisis. His insights into the mechanisms behind the crisis were eye-opening. It's fascinating to see how these experts can break down complex information in a way that makes it accessible and engaging.
And then there’s Stephen Dubner, who co-authored "Freakonomics." He brings a unique perspective on how economics intertwines with everyday life, which is something that resonates with a lot of people.
These conversations really spark new ideas and help illuminate the often murky waters of economics for our listeners. It's always a blast to learn from such smart folks!