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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: InParadise   😊 😞
Number: of 4460 
Subject: Re: Mexico and Canada export taxes on goods to US?
Date: 07/22/26 7:34 AM
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But if given no choices, what would a reluctant Canuck reach for? One that springs to mind is that 92% of all potash used in the US is imported, and close to 90% of that comes from Canada.

Yes, Potash was one of the US exclusions that was discussed on the Toronto news as being one of the options to hit back with. They pointed out that the exclusions list from the US provided them with a map of how to hurt the US the hardest.

The proper response to the saying "Never bring a knife to a gunfight" is "Why on earth would you want to be in a gunfight?"

I doubt very much that any country "wants" to be in a gunfight, but when presented with a gun to your face, about the only choice is similar or stronger munitions. Bullies don't stop their behavior by the opponent backing down. They only respect a similar show of force. The world is developing the tools needed to avoid this economic bully altogether. The level of economic destruction that we are heading towards is impressive for one man. I hate to see what our taxes will be post Trump, as we dig ourselves out of the ever increasing deficit, spent on stupid things, with a decreasing economic base and fewer international buyers of our debt.

IP
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