To be honest, I had kind of forgotten that the Universe was allowed to contain negative consequences for legalizing drugs.
June 19th, Book Updates E-mail this blog post to a friend My, my. The Chinese have replied saying essentiallysuck on this. NAFTA appears to be toast. And TD bank said this week the Trump assault on maple-made vehicles will permanently scar our economy, putting at risk one of every five factory jobs in Ontario.
National economic growth in will be stunted, and the effect in Ford Nation will be four times more acute. The Canadian dollar, at 82 cents US not so long ago, is plowing towards the cent level. That currency devaluation stokes inflation and helps push the central bank towards another rate increase to shore the buck and mitigate the damage.
Meanwhile equity markets are not happy. They increase costs for businesses and consumers, limit choice, reduce economic activity and make everyone poorer.
These days a global trade war also tears away at treaties and arrangements — like NAFTA — which took years sometimes decades to negotiate and tweak.
Observers, like those at TD, estimate the damage about to be done could linger for a generation. And this is all because of one man. Trump, some say, is using the same technique on the globe as he used on Kim.
But the worry is that China — population 1. The American president is also alienating key allies, causing the USA to stand alone. He expertly dissed and destroyed the recent G7 summit. The intimidation tactic, critics say, extends to taking migrant children away from their parents at the border and housing them in large cages within detention centres.
Opponents call it child abuse. Trump stands for nationalism, protectionism and America-first.
His supporters wildly endorse this, and his popularity has risen from recent lows. Others despair that trade barriers, inhumane immigration laws and jingoism — while praising tough-guy leaders like Kim, Vlad Putin and that weird Erdogan dude — are leading us merrily back to the s.
The forex market is saying this, as well as the equity and bond traders. TD says the chances are high of a recession in Canada as a result of trade damage, and that a broad swath of our manufacturing sector could be wiped out — forever. Then we can truly be a place where people just take out mortgages and sell each other condos.
As far as investing goes, stay the course. The best defence is to be balanced, diversified and liquid.
Have both growth assets and safe ones. Do not buy individual securities, but rather ones holding a whole market. It appears a new round of weirdness lies ahead, now that the world is being jerked by one person who defines unpredictability. For some strange reason, this pathetic blog attracts Trump supporters.
My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.
They must all be independently wealthy, or retired with fat DB pensions.The idea of love is tossed around in our society as if it is inevitable that we will someday fall in love and stay in love our entire lives. But, only in modern times has it received such exalted status.
That not all marijuana arrests are going to lead to someone who didn’t have a criminal record gaining one is a good point. That said, I wouldn’t be surprised if the negative effect of going from “no criminal record” to “criminal record” were 1 QALY or more.
Moffatt also considers the health of the consumers and educational benefits that can arise from the legalization of marijuana.
C. Whitaker’s “The Economic Effects of Legalizing Marijuana”, takes a look at the business aspect of legalizing marijuana.
comments ↓ #1 Yorkville Renter on at pm. yes, America needs work. no, Trump isnt the guy to fix it. #2 Calgary Anonymous on at pm. After listening to Garth, I have moved my trading currency to USD last year. Oct 13, · Marijuana is a substance that is both good and bad. It’s a substance that has the power to be both beneficial to mankind and harmful to it.
However, despite the many cons of legalizing marijuana. To summarize the essay, marijuana can be taken in many different ways. These include oral, topical, through tincture, and through intravenous methods. Due to its potency and numerous beneficial chemicals, the cannabis sativa plant can treat numerous acute and chronic illnesses, such as glaucoma, arthritis, and cancer therapy.5/5(8).