maybe its time to diversify our markets as well

by jeffc, Tuesday, January 21, 2025, 13:09 (655 days ago) @ Yandosan
edited by jeffc, Tuesday, January 21, 2025, 13:19

good read https://www.ctvnews.ca/calgary/article/economist-jeff-rubin-offers-a-map-of-the-new-normal/
https://www.youtube.com/watch?v=CSQs_0HXlhI

USA has a lotta debt https://www.visualcapitalist.com/97-trillion-of-global-debt-in-2023 (world economy https://www.visualcapitalist.com/visualizing-the-105-trillion-world-economy-in-one-chart/ )
it drinks through 20 million barrels of oil a day (ref https://advisor.visualcapitalist.com/historical-oil-prices/ https://www.worldometers.info/oil/ https://www.eia.gov/tools/faqs/faq.php?id=709 ) china needs 15 million barrels a day.
BRICs is forming https://oilprice.com/Energy/Energy-General/5-Oil-Producing-Nations-Ask-To-Join-BRICS-Alliance.html
along with others https://vocesdelsur.prensa-latina.cu/over-30-countries-looking-to-work-with-brics/

maybe its time for Canada and Mexico to stop being good codependents with the drunk and say enough is enough? https://www.zdnet.com/article/might-as-well-face-it-youre-addicted-to-oil/ https://www.c-span.org/clip/call-in/user-clip-addicted-to-oil/4484705
what if we both joined BRICS?

Then the USA would be so scrwed...
its gotta be careful of who's toes its steps on. Yah can't stop a drunk from drinking until its pissed enough people off then it lands in its own pile of piss in shame. In denial it is, what is even made in america anymore? https://www.bloomberg.com/news/articles/2022-10-26/xi-s-vow-of-world-dominance-by-2049-sends-chill-through-markets

Go greyrock! Ignore the drunk have a good strategy don't try to fight them... just pisses them off more. https://en.wikipedia.org/wiki/List_of_countries_with_highest_military_expenditures

https://psychcentral.com/health/grey-rock-method https://www.youtube.com/watch?v=AmksB-SIvtA https://www.youtube.com/watch?v=qbFBOAmmu7Y
Boundaries are key - like a good fence around one's house to protect a drunken neighbour from pissing on your plants.
Best we diversify become inter-dependent less codependent now. https://humanmagnetsyndrome.com/hmsblog/the-codependentnarcissist-dance-the-perfect-partnership/

that's my loonie on it all (inflation, taxes, fess and housing prices took the rest of it away - oil up inflation up interest rates up they can't print/borrow money nor sell bonds anymore. Can steal oil - greenland, alaska which used to be russia, canada, gulf of mexico etc... etc...) Economy dies without cheap oil good video https://www.bbc.co.uk/programmes/p048dpqp planet oil how to overthrow government).

its all a puppet show... US currency is like monopoly money https://www.youtube.com/watch?v=OuOcnGAv4oo

(I've been researching this for some time, worked for natural resources for over a decade etc.. etc...)


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