Attributing all the merit to Carney in a time of election seems a bit… optimistic? No doubt he was an insider on this brilliant strategy but giving him the unshared paternity is a bit of a stretch.
Whoever came up with this first isn’t ultimately important : I will gladly vote for someone smart enough to understand the strategy and with the connections to push it and see it implemented. No other PM candidate can have me sleep at night with the trust that we try to protect our interest with the best strategy available for our limited ressources.
Also the “if the US won’t lead the world, we will” comment gave such a hopeful vibe, it reminded me of Obama or Jack Layton campaign style.
I wouldn’t be surprised if he came up with it tbh, dude has a doctorate in economics and been the Governor of the Bank of Canada and the Governor of the Bank of England, he’s certainly got the experience to know how to play with an economy on a massive scale.
Not only I wouldn’t be surprised if it was his idea, outright,
I’d be surprised if any other person in the entire Liberal party had anywhere near the international-financial fight-smarts that he’s got.
Experience-induced-understanding & experience-formed-instincts are Kahneman1-mind ( lower forebrain ), so they are programmed in through seas of imprinting…
It’s like the difference between someone who has the idea of martial-arts going up against somebody who actually-trained for decades: the difference-in-effectiveness is significant.
I know the everybody-the-same socialist-idealists have a religious-problem with Carney because of his career, & his being rich compared with us, but … real competence isn’t in everybody, & if the reward-system doesn’t reward excellence/accomplishment, … then it won’t produce that.
The reward-system in Communist countries rewards non-responsible, non-accountable, party-authority, right?
& that is the result it produces.
I expect diversity-of-intelligence, diversity-of-experience, diversity-of-potential to produce outliers, if the “market” of individual-human-development is working right
( unlike the naive-socialists & the communists, who hold that it isn’t equal-validity among diverse people that we have, rather it is identicality we supposedly have … or the fascists, for that matter, with their “supremacist” delusion disallowing all other peoples from having potential/validity of their own… )
He’s got exactly the kind of trained-instinct needed in this situation.
We don’t.
We need him, now.
( exactly as we needed Jack Layton, but only Quebec understood that, & then we lost they guy…
… sigh …
Minority-governments with the right leader can do awesome good!
Majority-governments … that’s when we need Journalism-with-teeth, to make them more accountable, like minority-gov’ts are, right? : )
( too damn bad the other federal parties are either corrupt ( the right ) or foolish ( the NDP’s weird mixture of accuracy & delusional-idealism ) … Canada’s nearly-bankrupt, thanks to the Liberal Party’s last few decades ( a male version of Kathleen Wynn’s government, has Justin Trudeau been? ), & if we go bankrupt, then we ARE annexed by Trump, helplessly.
We absolutely cannot afford any more financial mismanagement from the feds.
Attributing all the merit to Carney in a time of election seems a bit… optimistic? No doubt he was an insider on this brilliant strategy but giving him the unshared paternity is a bit of a stretch.
Whoever came up with this first isn’t ultimately important : I will gladly vote for someone smart enough to understand the strategy and with the connections to push it and see it implemented. No other PM candidate can have me sleep at night with the trust that we try to protect our interest with the best strategy available for our limited ressources.
Also the “if the US won’t lead the world, we will” comment gave such a hopeful vibe, it reminded me of Obama or Jack Layton campaign style.
I wouldn’t be surprised if he came up with it tbh, dude has a doctorate in economics and been the Governor of the Bank of Canada and the Governor of the Bank of England, he’s certainly got the experience to know how to play with an economy on a massive scale.
Not only I wouldn’t be surprised if it was his idea, outright,
I’d be surprised if any other person in the entire Liberal party had anywhere near the international-financial fight-smarts that he’s got.
Experience-induced-understanding & experience-formed-instincts are Kahneman1-mind ( lower forebrain ), so they are programmed in through seas of imprinting…
It’s like the difference between someone who has the idea of martial-arts going up against somebody who actually-trained for decades: the difference-in-effectiveness is significant.
I know the everybody-the-same socialist-idealists have a religious-problem with Carney because of his career, & his being rich compared with us, but … real competence isn’t in everybody, & if the reward-system doesn’t reward excellence/accomplishment, … then it won’t produce that.
The reward-system in Communist countries rewards non-responsible, non-accountable, party-authority, right?
& that is the result it produces.
I expect diversity-of-intelligence, diversity-of-experience, diversity-of-potential to produce outliers, if the “market” of individual-human-development is working right
( unlike the naive-socialists & the communists, who hold that it isn’t equal-validity among diverse people that we have, rather it is identicality we supposedly have … or the fascists, for that matter, with their “supremacist” delusion disallowing all other peoples from having potential/validity of their own… )
He’s got exactly the kind of trained-instinct needed in this situation.
We don’t.
We need him, now.
( exactly as we needed Jack Layton, but only Quebec understood that, & then we lost they guy…
… sigh …
Minority-governments with the right leader can do awesome good!
Majority-governments … that’s when we need Journalism-with-teeth, to make them more accountable, like minority-gov’ts are, right? : )
( too damn bad the other federal parties are either corrupt ( the right ) or foolish ( the NDP’s weird mixture of accuracy & delusional-idealism ) … Canada’s nearly-bankrupt, thanks to the Liberal Party’s last few decades ( a male version of Kathleen Wynn’s government, has Justin Trudeau been? ), & if we go bankrupt, then we ARE annexed by Trump, helplessly.
We absolutely cannot afford any more financial mismanagement from the feds.
_ /\ _
I think you underestimate Carney, dude is an absolute fiscal archmage.
He knows the levers to pull and buttons to press.
There’s some older news from March that could be seen as supporting this …
Canada Files to Sell USD Bonds, Size Undisclosed, Amid Concerns from Mark Carney Over Trade Tariffs
Canada syndicates dollar bond as Carney readies for stint as PM
Canada sells bonds in U.S. as investors shrug off trade war
He’s also got some good will with other nations for helping them out.
Mark Carney’s ‘back of envelope’ idea paved way for Ireland to renegotiate bank debt (Archive link)
And another one from today …
Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading