Blame free trade.Basically, I want a solid PC leader, one who will stand up to his social conservative members, one that will follow traditional conservative values. Not the wing nut fringe theories that are being imported from the US....
Blame free trade.Basically, I want a solid PC leader, one who will stand up to his social conservative members, one that will follow traditional conservative values. Not the wing nut fringe theories that are being imported from the US....
But, that's brilliant especially if you can add climate change as the cause of inflation and economic stagnation. They've already succeeded in attaching "sustainable " to "growth ".Frank is obviously a fairly intelligent guy, but his real weakness like so many left-leaners is he thinks most people are stupid and can be manipulated by leftist spin. We live in an unfortunate time where the liberal media and their partisan followers try to intersect everything with climate change and racism. The real perfecta is when they can try to simultaneously intersect an issue with both climate change and racism.
I don't know if you noticed, but "frankfooters " are in charge in Canada and US, right now.let me guess frankfooter is preaching about "modern" economic theory which ignores financial responsibility and allows for excessive govt borrowing based on the debt to GDP ratio
An unbelievable flawed theory as higher interest rates accelerate debt and compress GDP
it is a backwards looking ratio and will only shows the problem after it has occurred
frankfooter is the very last person one should counsel for economic or scientific insight
climate change induced food shortages ?
what a pile of crap
Which is why you listen to me, right?I don't know if you noticed, but "frankfooters " are in charge in Canada and US, right now.
Science isn't a 'leftist spin'.Frank is obviously a fairly intelligent guy, but his real weakness like so many left-leaners is he thinks most people are stupid and can be manipulated by leftist spin. We live in an unfortunate time where the liberal media and their partisan followers try to intersect everything with climate change and racism. The real perfecta is when they can try to simultaneously intersect an issue with both climate change and racism.
,Frank is obviously a fairly intelligent guy
that is all he hasbut his real weakness like so many left-leaners is he thinks most people are stupid and can be manipulated by leftist spin.
its all linked back to using anything to get socialism in through the back doorWe live in an unfortunate time where the liberal media and their partisan followers try to intersect everything with climate change and racism.
The real perfecta is when they can try to simultaneously intersect an issue with both climate change and racism.
sure I noticedI don't know if you noticed, but "frankfooters " are in charge in Canada and US, right now.
Don't you have any intellectual curiosity to question things? Or do you just accept things you read and hear so long as they support your predetermined view? Judging by the name of the site, don't you think conservation.org might have a bias to hype climate change fears?India won't be exporting grain this year because of a heat wave.
The entire southwest of the US is in drought.
From last year:
Climate-driven crop failures are driving up food prices: 3 stories you may have missed
If you can't spell it, don't use it.the mere fact the left tries to link a natural phenonium to a social issue should be clue 1 that they are peddling untruthful BS
38% decline in Canadian wheat last year from drought.Don't you have any intellectual curiosity to question things? Or do you just accept things you read and hear so long as they support your predetermined view? Judging by the name of the site, don't you think conservation.org might have a bias to hype climate change fears?
There was no global food production issue before COVID. Now with two years of COVID and the Ukraine war we really can't take 2020-2022 as normal food production years. When we come out of this Ukraine crisis, we will have a better handle on where things are. This is all quantifiable. You don't need a liberal journalist to tell you what is going on.
I'll tell you one thing. Inflation tends to drive farmers to plant more acreage around the world. That's the beauty of price signals. You need to live through more of these cycles.
As I said, there was no drop in global food production before COVID. It's impossible to gauge where food production will normalize after the war.38% decline in Canadian wheat last year from drought.
Drought caused wheat, canola and barley production to plummet in 2021: StatCan
Crop production over the past year took a nosedive largely due to extremely hot and dry weather conditions in the Prairies during the growing season, according a Statistics Canada report released on Friday.www.ctvnews.ca
The US?
Current Map | U.S. Drought Monitor
droughtmonitor.unl.edu
What about your hot sauce?
Can't you use your own intellectual curiosity to find out if this is normal or part of climate change?
The West just experienced an aspect of the climate crisis that scientists have warned of for years
Drought conditions persisted in the Southwest, where water is desperately needed to replenish the country's largest reservoirs relied on by tens of millions of people.www.cnn.com
Frank is obviously a fairly intelligent guy
It's the type of basic intelligence where one can comprehend what they are reading and parrot it back in the correct context. Although Frank has a bad habit of interjecting complete non sequiturs into a discussion. (Did I spell that correctly? Franks likes to point spelling errors in a debate.) I suspect Frank's non sequiturs are a form of his mild trolling. He's been on this everything is climate change kick for at least two years.,you must be joking
that is all he has
not an original thought to save his life
Once again the cause of inflation is supply chain bottlenecks emerging as the global economy recovers from the pandemic, the war in Ukraine driving up prices for oil, wheat and fertilizer.Actually, PP was completely right about BOC dropping the ball on inflation- a sentiment repeated a month or so later(after the obligatory personal shots) by G&M and the Post. It takes no genius and plenty of past examples that printing money in the time of stagnation results in inflation. Any competent or even semi competent banker would have said- hold on a second there, bub- once the CERB was announced... and would have proceeded to raise the interest rates the very next day to mitigate the consequences. As to your wishful belief that the BOC did a better job than others- bullshit! Firstly, better than whom? And secondly, what is the REAL inflation rate once the political whoring is removed from the conversation?
Pre-covid food production was riding increased global productivity and land usage.As I said, there was no drop in global food production before COVID. It's impossible to gauge where food production will normalize after the war.
American Southwest is a desert feeling the excruciating and detrimental impacts of tens of millions of people seeking sunshine every day and drawing on very limited water supplies. There are many parts of the U.S. with their traditional overabundance of rain.
While I think the planet is slowly warming, I can't take idealists who forsake nuclear power for phantasmic ideas of green renewables.
Printing excessive money is what causes inflation. Closing down the economy WHILE printing money is a recipe for a disaster. Closing down the just in time supply chain and then trying to reopen it has never been done before and produced shortages which the instant demand upon opening turned into more inflationary pressure. Simplest economics from the "old school ". BTW, the Canadian inflation rate is greater than the advertised by the government. It's in excess of 10% probably closer to 15% and going up.Once again the cause of inflation is supply chain bottlenecks emerging as the global economy recovers from the pandemic, the war in Ukraine driving up prices for oil, wheat and fertilizer.
Canada can't control the prices of most internationally traded goods, dealing with these forces is tricky in any situation. The so called "printing of money" rhetoric is a Pierre Poilievre fantasy!!
CERB was an essential need for all Canadians and there is no direct effect on the Global inflation. Anyone buying this nonsense is totally brainwashed into the right wing dogma as none of those promoting it have come up with any alternative solutions except make the rich richer and let the low and middle incomes fall by the wayside!!
Again Canada's two North American trading partners, are The USA and Mexico. Their inflation rates are higher than Canada's. So there you go that the BOC must have done a better job in that respect. However, tell us what the "exact" Canadian inflation rate is as you seem to come up with the total BS that it is "much higher"!!
Once again if you are too old to remember, the Covid-19 Pandemic caused the closure of economies around the Globe. If we operated business as usual during that time, it would have been the biggest disaster in the history of Canada. All governments arose to help their citizens who were in dire trouble, hence CERB in Canada. What consequently caused the inflation was the supply chain disruptions, food shortages from droughts, but the biggest impact was this oil price hikes due to the war in Ukraine as well as shortages from certain essential foods that added to the disruptions. Although, the price of oil is not as high as it was in 2008, yet the oil companies have hiked the prices at the pumps at record levels and hence the huge oil bonanza profits for these greedy corporations. But the biggest BS is the inflationary rate being at close to 15%. Please show us some proper links to justify that astronomical figure that you plucked out of your pocket. We know that inflation is based by the Consumer Price Index of a basket of goods that is consumed by a normal household. This is not what the Government decides and "advertises"!!Printing excessive money is what causes inflation. Closing down the economy WHILE printing money is a recipe for a disaster. Closing down the just in time supply chain and then trying to reopen it has never been done before and produced shortages which the instant demand upon opening turned into more inflationary pressure. Simplest economics from the "old school ". BTW, the Canadian inflation rate is greater than the advertised by the government. It's in excess of 10% probably closer to 15% and going up.
No, Covid-19 did not cause the shutdown, our governments did. I don't give a shit what the "official" government statistics say about inflation, I've been through this before. The market decides the rate, not the government bean counters and almost everything is up over 10% The canary in the coal mine is the secondary car market-used cars- that's up over 30%Once again if you are too old to remember, the Covid-19 Pandemic caused the closure of economies around the Globe. If we operated business as usual during that time, it would have been the biggest disaster in the history of Canada. All governments arose to help their citizens who were in dire trouble, hence CERB in Canada. What consequently caused the inflation was the supply chain disruptions, food shortages from droughts, but the biggest impact was this oil price hikes due to the war in Ukraine as well as shortages from certain essential foods that added to the disruptions. Although, the price of oil is not as high as it was in 2008, yet the oil companies have hiked the prices at the pumps at record levels and hence the huge oil bonanza profits for these greedy corporations. But the biggest BS is the inflationary rate being at close to 15%. Please show us some proper links to justify that astronomical figure that you plucked out of your pocket. We know that inflation is based by the Consumer Price Index of a basket of goods that is consumed by a normal household. This is not what the Government decides and "advertises"!!
Covid caused the shutdown, even in countries that didn't have government ordered shutdowns things shut down when people got sick.No, Covid-19 did not cause the shutdown, our governments did. I don't give a shit what the "official" government statistics say about inflation, I've been through this before. The market decides the rate, not the government bean counters and almost everything is up over 10% The canary in the coal mine is the secondary car market-used cars- that's up over 30%
Governments did as a result of the Covid-19 Pandemic that was Global. The infection and death rates were sky rocketing and that tied the Government's hands. Why did the Conservatives support the shut down and approve of the CERB and other budgets then to help out those in need? Were they complicit in the inflation?No, Covid-19 did not cause the shutdown, our governments did. I don't give a shit what the "official" government statistics say about inflation, I've been through this before. The market decides the rate, not the government bean counters and almost everything is up over 10% The canary in the coal mine is the secondary car market-used cars- that's up over 30%
Oil then vs. now- higher transportation costs, higher refining costs- significantly higher, disruptions and shortages, especially of diesel, on the retail end, etc.Governments did as a result of the Covid-19 Pandemic that was Global. The infection and death rates were sky rocketing and that tied the Government's hands. Why did the Conservatives support the shut down and approve of the CERB and other budgets then to help out those in need? Were they complicit in the inflation?
Everything is up not as a result of "printing money" as the statistics will prove it to be so. Remember that the biggest outcry from the right wingers prior to Covid-19 was the budget and how the Government spending that supported stuff like the infrastructure and other services was going to affect their off springs futures. However, inflation was dropping resulting in the BOC reducing the interest rates to a record low level. Now as a result of the Covid-19 where the markets are affected by the supply chains, along with the droughts, food shortages, oil price hikes at the pumps due to Oil Corporation greeds, we know that this are the root causes of inflation. Please explain why in 2008 when the oil prices hit a record US$148 per barrel, the price a the pumps were just around 145 cents a barrel while presently at $110 per barrel yet we had to shell out close to 210 cents per litre of gas. If you take the 11 cents off the carbon tax that is still near 200 cents a litre. No explanation as to this discrepancy by any oil corporation CEOs!!