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Originally Posted by Truenorth00
So Trump 2.0.....
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I think we can all agree that Biden was terrible in the debate, but if there's any good news to come out of it, it's that it didn't really move the opinion needle much at all. Trump got a very slight bump post-debate, while Biden saw a slightly larger drop. The biggest winner was RFK:
https://projects.fivethirtyeight.com...t-newtab-en-us
The bad news is that even though Biden is leading the national polls, he's behind in those key swing states that will end up deciding the election. There's no room for error in this case, and so the most likely scenario is still a repeat of 2016 - Trump will lose the popular vote but win the electoral college.
Quote:
Originally Posted by hipster duck
Thinking selfishly, this is actually not a bad outcome for Canada.
The Biden administration was very protectionist but also very competent and, with things like the Inflation Reduction Act subsidizing so many critical industries, really put us in a corner. Not only do I expect a lot of the subsidies for EV manufacturing to get cut - which is good for us - but under Trump the Americans were more easy to cajole when it came to trade arrangements.
Also, if Trump really does instate a 10% tarriff on anything imported into the USA, even from friendly countries, then it might make sense to assemble everything in Canada, import to the US and pay the 10% tarriff rather than to have parts move back and forth across the border. God knows the Americans will be fighting multiple trade wars with everyone, so they may not have the resources to devote to fighting us.
Individually, we also have the opportunity to get predictably rich. Trump will probably make Jared Kushner treasury secretary and then there will be a huge tax cut for the rich, and money is just going to pour into the stock market. I'm going to invest in S&P 500 index funds.
Of course, about 18 months later it's all going to go to shit, but might as well party until then.
Grab what you can on the way out, boys!
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Trump might not be directly terrible for Canada in the immediate term, but he represents a more existential threat to the US-led, liberal democratic world order. And in the long run, it's not in our interest to be facing emboldened, belligerent states - particularly without US support. There's also lots of room for our relationship with the US itself to become more hostile than it historically has been.
Like it or not, we're ultimately just a vassal in the American empire; so any inward-turn or decline in fortunes on their part is liability to us. More than anything though, the unpredictability and chaos of another Trump administration is a huge wildcard.