I never knew Canada was ranked 38th out of 38 OECD members in terms of projected GDP growth.
It took the American media to inform me of that.
Meanwhile in Canada that devastating fact is never mentioned by our MSM.
.@ezralevant exposes Mark Carney for who he truly is, a globalist who wants Canada aligned with a China-led new world order:
“He's a globalist deep in his bones… He has always believed in replacing America as the superpower.
There's a Chinese propaganda outlet called Global Times. It's one of their English-language propaganda forums. They were so thrilled with the fact that Carney walked away from the free trade deal, they called it a 'China-style response' and they noted that China and Canada stand alone against America.
We can talk for as long as you like about the details, but the headline is: Globalist Prime Minister of Canada tries to realign the country towards China, away from America. I got a hundred proof points for you, but that’s the real story.”
Ian Lee "The Stanley cup of these negotiations is access to the largest economy on planet Earth, $32 trillion"
"The prize is whether we have continued open access to our largest trading partner, literally next door."
"Well, the answer is that, and I don't mean this at all flippantly or facetiously, the world has changed, and I don't mean only Donald Trump."
"Overarching around all this, the negotiations that nobody wants to talk about is the looming impact of China, which has a 1.4 trillion net export advantage over the rest of the world."
"And their plan, the official plan of China, is to double the number of exports to the rest of the world, which is going to devastate economies around the world."
"I mean it's just I mean I'm still stunned that we you know everyone's all excited about liquor sales when it is so incredibly small... Liquor sales have been declining as have alcohol sales for a long time." @SprottSchool
I cannot fathom this.
Mainstream media once dragged a previous government through the coals over a $16 glass of orange juice.
Today the same media largely looks away while businesses are already declaring themselves effectively out of business, while tariffs hit billions in exports, while young people can’t find work, and while the people in charge offer competing stories and zero hard numbers about why the most important trading relationship on the continent just blew up.
Mark Carney was sold as the adult who could handle this. Instead we get rupture language, vague “three reasons,” and the bill landing on workers and small operators who were already running on empty. The costs will not be abstract. They will show up in closed shops, lost shifts, higher prices, and another wave of government spending that will almost certainly dwarf anything seen before — all to manage the fallout of choices that were never honestly explained.
We are past the point of polite requests.
Release the actual terms that were on the table.
Tell Canadians exactly what new demands or walk-backs collapsed the deal.
Stop treating the people who pay the bills like they are secondary to the narrative.
The country does not have the buffer for another round of “trust us” while the damage compounds. Ordinary citizens are watching their reality ignored while the cover story stays polished. That gap is no longer sustainable.
How much more has to break before the truth is treated as more important than the framing?
WATCH: @PierrePoilievre vs. @MarkJCarney from 5 years ago.
PP was interrupting and badgering MC.
"I'm trying to explain a bit of how the economy works." - MC
"Thank you so much!" - PP
"Well, it may help." - MC
🔥OUCH!🔥
Pierre is so out of his league.
🚨 $XRP ISN’T “UNDERVALUED”…
IT’S BEING SIZED FOR THE SYSTEM. 👀⚡️
If XRP becomes part of a larger financial infrastructure for payments, liquidity, and tokenized assets, the conversation changes completely.
It’s not just about today’s price.
It’s about how much value the network could potentially handle tomorrow. 🌎💰
The question is:
Are we looking at XRP as an investment… or as infrastructure? 🔥
$XRP #XRP #Ripple #XRPL #Crypto #XRPArmy
XRPL is building a future where you won’t need to SELL your $XRP to earn from it.
And once you understand how it works, the entire idea of holding XRP changes. 👀
Most retail holders know only one path:
Buy XRP. Hold XRP. Eventually sell XRP to realize value.
The XLS-65 Single Asset Vault + XLS-66 Lending Protocol introduces another possibility.
You deposit XRP into a public XRP vault.
You receive Vault Shares representing your ownership.
Your XRP joins XRP deposited by other holders.
That pooled liquidity can then be lent to approved institutional borrowers.
The borrower pays back:
XRP principal + XRP interest.
After the loan manager's fee, the remaining interest accrues to the vault.
So instead of your XRP sitting idle:
XRP → vault → institutional borrower → interest → vault → you redeem more XRP.
That is the part that blows my mind.
Ripple explicitly says XRP can be borrowed and lent, and XRPL documentation says lending-vault yield can be paid in the same asset deposited.
Meaning an XRP vault can be:
Deposit XRP.
Earn in XRP.
Withdraw XRP.
And public vaults are designed so anyone can deposit.
Now imagine thousands of smaller XRP holders combining their liquidity.
10,000 holders may individually be small.
Together?
They can create an institutional-sized XRP lending pool.
And we already have a clue about where this is going.
Evernorth is preparing to use XLS-66 to generate institutional-grade yield on its XRP holdings.
Meanwhile Ripple, Clearpool and Cicada Partners are building the institutional borrower side on XRPL, beginning with RLUSD credit markets.
My long-term thesis is simple:
Institutions need liquidity.
Retail holders have XRP.
XRPL can connect the two.
Instead of selling XRP to make money from XRP, holders could eventually make XRP productive by lending it.
That is a completely different holder economy.
LOCK TF IN!
This is Carney today admitting that limiting trade with China due to forced labor practices was part of the deal he walked away from.
Translation - Ya we care about forced labor, but not enough to stop dealing with Chinese markets that may or may not use it.
One reason the Canada-US trade deal collapsed:
Canada could not promise / would not stop Chinese steel being transshipped into auto parts & then into the U.S. market.
The U.S. requires a strict “melt and pour” rule. Steel must be melted and poured in North America to qualify for preferential treatment.
This stops Chinese steel from entering Canada, getting light processing, and crossing the border as “North American” content to evade tariffs.
Recall The Canadian Steel Producers Association and Aluminium Association of Canada have both publicly confirmed Chinese dumping is happening, warning Canada risks becoming a dumping ground for China’s excess steel and aluminum.
A recent White House report on the “transshipment scam” also listed Canada as a problem country in China’s shadow network for evading U.S. tariffs.
Canada failed to deliver enforceable guarantees. Mexico accepted the melt-and-pour requirements, raised tariffs on Chinese steel and auto parts, and closed the back door.
Canada left it open and the deal fell apart.
https://t.co/0p2S2YdKaf
Earth is not facing a global climate crisis and is unlikely to do so for tens of thousands of years.
The Earth - and all biological life, including humanity - live comfortably in a protracted warm interglacial period during the Late Cenozoic Ice Age. Global average temperatures are not in crisis. They are several degrees cooler than global averages over half a billion years.
The pace of change over thousands of years has always been dominated by geology and the rise of biology. These are very slow process over thousands of years. The deep ocean currents carry tropical warm waters around the world, warming the northern hemisphere and modifying the climate. This return journey of ocean waters alone lasts a thousand years.
There is no sudden warming crisis in sight, nor is it possible under existing planetary engineering. Instead, the world of today is several degrees 'colder' than the long-term global average of 18°C to 18°C. Ten percent of the world's land area still sits under glacial ice covering 15 million square kilometers (5.8 million square miles).
The current mild warming spell has seen a rise of only 1.1°C to 1.4°C in 250 years. This immediately followed the Little ice Age in Europe, which lasted 600 years and was the coldest planetary period in 10,000 years. Instead of a crisis, improved carbon dioxide concentration have helped to turn much of the world's arid and barren areas green, identified by NASA satellites. Farm produce has multiplied.
The Antarctic ice sheet is still fully intact after 34 million years, and is still the largest ice formation on Earth, reaching 4.8 kilometres (about 3 miles) in depth. It would take tens of thousands of years for this ice to melt enough to effect sea levels or ocean temperatures. This could not happen in two or three decades.
The Antarctic still holds 90% of the world's ice by volume & accounts for around 85% of total global glacial ice cover. Antarctica spans roughly 14 million square kilometers (5.4 million square miles) and covers about 8.3% of the total land surface.
Mankind has nothing to fear from such a benevolent global climate, but fear and hysteria. The warm interglacial period has enabled the rise of modern society during the past 11,700 years. This interglacial is just one of dozens of glacial and interglacial cycles that have dominated Earth's geography, biology and climate variability for millions of years.
All modern human societies and every meaningful invention occurred during the Holocene warm interglacial period.
The Late Cenozoic Ice Age began 34 million years, since the original glaciation of Antarctica was caused by tectonic changes to the world's land structure. This isolated the Antarctic continent from warm tropical waters and turned it into a deep freeze.
These enduring cycles of history will never be reversed in the space of a few decades. The Earth takes infinititely small steps.