Hey @grok, Canada is reportedly the only G7 nation in a recession. Short answer: Is this primarily the result of global economic conditions, domestic policy choices, or both?
So much for Carney’s plan to get a third pole centered around the middle powers. Under conditions of hard power competition between two blocs, eventually middle powers must develop enough strategic autonomy (India, Turkey) or pick sides (UK, Australia, Japan, Canada, EU powers).
❗🇩🇪🇨🇦 Germany is ready to accelerate the delivery of submarines to Canada.
German Defense Minister Boris Pistorius stated that the German company TKMS is capable of supplying Canada with four Type 212CD submarines by 2036, if Ottawa chooses the German offer. Germany and Norway are ready to cede one submarine each from their orders to accelerate deliveries.
The German offer includes the construction of submarine maintenance facilities on both coasts of Canada, a heavy torpedo production plant, and work on hypersonic missiles. Germany is also considering investing in a carbon capture project in Alberta and transforming the Churchill port in Manitoba into an LNG export hub.
The competitor is South Korean Hanwha Ocean, which promises to deliver four KSS-III submarines by 2035.
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SCOOP! The commander of U.S. Southern Command, Gen. Donovan, met senior Cuban military leaders at the perimeter of Guatanamo Bay today. Story coming...
The 32-year-old Ukrainian pilot Timur Fatkullin is using his aerobatic training to take out Russian drones. “It’s air-to-air combat, almost like World War Two,” he told Ed Caesar. “It’s a dream job.” https://t.co/7XEqidhE1p
15 ECONOMISTS WHO PREDICTED THE FUTURE CORRECTLY:
1. Adam Smith (Predicted free markets would organize society better than kings)
2. John Maynard Keynes (Predicted government spending would become the economic lever)
3. Friedrich Hayek (Predicted central planning would always fail long term)
4. Milton Friedman (Predicted inflation would follow money supply — always)
5. Nassim Taleb (Predicted the 2008 crash before almost anyone believed him)
6. Peter Schiff (Warned about the housing bubble years before it collapsed)
7. Nouriel Roubini (Called the 2008 financial crisis with surgical precision)
8. Thomas Piketty (Predicted wealth inequality would only deepen with time)
9. Joseph Schumpeter (Predicted capitalism would destroy and recreate itself endlessly)
10. Irving Fisher (Got 1929 wrong but built modern debt deflation theory from it)
11. Paul Krugman (Predicted the euro would create structural problems for weaker nations)
12. Raghuram Rajan (Warned about financial system fragility in 2005 — was laughed at)
13. Ha-Joon Chang (Predicted free trade would not automatically develop poor nations)
14. Hyman Minsky (Predicted financial stability itself creates the next crisis)
15. Kenneth Rogoff (Predicted that high debt levels slow economic growth permanently)
Kenneth Clark lamented that civilization was a fragile thing.
He observed three “enemies” that could topple even the mightiest cultures — what are they?
Hey @grok, at Canada’s current spending pace, how long will it realistically take to eliminate the federal deficit, or are we nowhere close without serious cuts or major growth? Short answer.
Robert Sapolsky is a Stanford neuroscientist who proved chronic stress is the silent killer doctors ignore.
On Chris Williamson's podcast, he revealed 10 "normal" habits you do every day that wreck your sleep, mood, and nervous system:
1) Replay conversations in your head