Why the economy sucks

[Kamilah Hauptmann]

Originally Posted by Kamilah Hauptmann

So I got thinking about Huawei and it turned into a bit of a ramble so here's some word spray. Cope.

So there was this little incompetently run Canadian company called Nortel. It had some nifty tech; this is typical of Canadian companies. Every so often we'd hear in the news something about another round of layoffs, and eventually it got to the point I'd think to myself they must be in the negatives for employment by now, but nope, three months later, another few thousand let go.

Quietly, this Chinese company acquires it, strips it of IP, discards the shell, starts selling spyware 5G super cheap. Because subsidies. Also, spyware.

USA annoyed by this development. Outwardly, because spyware. Quietly, because subsidies? USA has a long history of shouting about subsidies. UNFAIR! SAD! Canada has pine beetle problem threatening the entirety of the boreal forests in North America, engages in a massive cut? ERMAGERD, DUMPING! TARIFFS! PUNISH! FILTHY SYRUP SUCKING CANUCKISTANIS! Steel tariffs, trade disputes, ad infinitum, amen.

Clumsy seguay: How much of this foreign business incompetence is the divide between a superpower with dubious labour protections versus smaller powers with labour protections for businesses to deal with? And if this is a major factor, which is more fair, a race to the bottom in labour and human rights, or subsidies?

Final thought: Middle powers might do well to work closely with Sweden for their telecom needs and work toward a next generation SAAB fighter jet.

2018: Canada, open your markets and drop your supply management subsidies or suffer America’s wrath.
2020: Fuck you they’re our masks you should have made your own.

For the sake of mankind, MAGAland delenda est.

[Kyuss Apollo]

if millennials wanted to avoid being crushed by the financial crisis, they should have voted for Gore in 2000 when they were 12 years old

— Emma Berquist (@eeberquist) April 14, 2020

[Kamilah Hauptmann]

Reminds me of the boomer who got really fucking mad at me when I was a cashier and a new tax came into effect. Motherfucker, I wasn't old enough to vote in that last election.

#GenX

[Kamilah Hauptmann]

If oil goes any lower, Exxon Mobil might have to layoff some members of Congress.

— Joseph Fahmy (@jfahmy) April 13, 2020

[JoeP]

[mickthinks]

Today I learned of the Chicago Boys. This old thread seems as good a place as any to record my surprise.

[-FX-]