John,
Every other day it seems, Trump makes a new
announcement about tariffs affecting Canada.
Yes, all this is
confusing and unsettling, but that’s precisely why he’s doing it. It’s
all part of his peculiar negotiation strategy.
Our establishment
politicians and media should stop freaking out every time Trump makes
a new move. 
They should put aside the fake patriotic
rhetoric that they’ve suddenly rediscovered.
They should stop
pretending that we can win a trade war with the US by imposing import
tariffs on American goods that CANADIAN CONSUMERS WILL PAY!
Yes, tariffs are paid by the consumers of the country that
imposes them, NOT by the other country.
It’s just insane
to hurt ourselves a lot more so that we can hurt the Americans a
little bit.
What they should do instead is try to
understand what Trump wants, make proposals, and take actions so that
we can reach a deal with him, as I said weeks ago.
Despite his claim that “we don’t need Canadian imports,” Trump
knows very well that American businesses and consumers need the oil,
steel, aluminum, potash, uranium, auto parts, lumber, and many other
products we sell them at a good price.
And that they will be
impacted negatively by his tariffs that THEY (and not Canada) will
have to pay.
That’s
why he keeps postponing or adjusting them, while never entirely
removing his threats.
Although the fentanyl and migrant
issues are important, I believe they are only a pretext.
Trump
wants to bring back investments and manufacturing to the US. He wants
to be in a strong position to renegotiate the North American free
trade agreement.
He also knows that the longer term
central problem of the American economy is the strong US dollar, which
makes imports cheap and US exports less competitive. And also his
country’s massive public debt financed by fiat money creation, again
thanks to the strong dollar and its status as the world’s reserve
currency.
I believe his ultimate goal is to engineer
a monetary reset that will see the dollar devalued and gold
remonetized.
There will be a global deal with Russia and
China, two major powers that also want to dedollarize and have been
accumulating large quantities of gold.
All the geopolitical
moves we see now, such as making peace with Russia on Ukraine, fit in
this plan.
John, unfortunately, Canada is woefully unprepared
for all this.
We are the only major country
with no gold reserves.
We have just spent a decade spending
like there is no tomorrow, and taxing and regulating our businesses to
the ground.
We are too dependent on the US and our economy is
not competitive.
But worst of all, our political
establishment are all hysterical drama queens who understand nothing
of this.
It’s time to put adults in charge.
John, can you contribute $25 to our election fund today so
that we are better able to compete with the establishment parties in
the coming election?
Many thanks,
-Max
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