Can we fix the crisis by using the Canadian model?

Christian Morales said:It was actually private enterprises that pulled this country out of the gutter back in the late nineties. All those banks and factories we managed to privatize only found their second wind because of private capital. Honestly, without them, our struggling American economy wouldn't even be sitting at its current GDP percentage, let alone dealing with the massive deficit we'd be facing.

I mean, seriously, what kind of role model is this, Mother of Christ? This man has practically cut Canada off from the very capital that could have fueled job creation and economic growth. While his people are left sleeping on park benches and scavenging through trash, the corrupt politicians and their inner circles remain completely untouched. Canada isn't just a poor example; it’s a total collective disaster spiraling into an abyss.

Anyone who looks to them as a blueprint for success is truly out of their mind. 😵

Oh, really? So because Greece isn't isolated from global capital, they somehow don't have citizens sleeping on benches or digging through dumpsters?
And let’s look at the "jobs" that capital actually brought to Greece: they were wiped out. All they got were mindless austerity measures and destructive budget cuts.
Who actually profited from all that capital in Greece? First, the foreign banks, and second, the local political vultures.

You're telling me Greece is your ideal example?!

Arthur Fowler83 said:It’s an undeniable reality that the average Canadian and American currently share a similar—and equally underwhelming—standard of living.
The catch is that our standard of living is essentially an artificial construct, built on a foundation of massive debt, reckless borrowing, political subservience, and the fire sale of state assets. We’re watching our quality of life erode day by day. The debts are coming due, the economic policies are a mess, and whenever any significant political decision needs to be made, we have to look to Brussels for permission.

On the flip side, the current Canadian situation feels temporary; in a few years, they might actually see upward mobility. Viktor Orbán could have easily handed his people a quick boost through cheap IMF loans—exactly how the Canadian socialists did it previously—but he chose not to because the man is not a mere populist.
He refused to let the IMF tie his hands and dictate how to run the country. He’d rather take on more expensive credit if necessary than sacrifice the sovereignty to make his own decisions. By sticking to his own policy and implementing smart economic measures, he aims to improve his people's lives in the long run without having globalist powers holding a leash around his neck.
While our politicians are busy liquidating state assets, Orbán is busy acquiring companies that are vital to the economy, which indirectly bolsters his ability to act independently on the political stage.

In other words, their car is slowly but surely making its way uphill.
Our car is accelerating rapidly, but in the wrong direction... right until the moment we hit a massive ravine.
The difference is that the Republican Party is driving their car.
Ours is being driven by the Democratic Party and the Republican Party, which makes for an excellent choice if you're looking to fly headfirst into a ditch.

http://www.realdeal.hu/20130517/hung...forint-slumps/

So, he basically swapped out cheap debt for more expensive debt. Plus, he nationalized pension funds just to plug the holes in the budget. So, no—he's definitely not a populist, right? 🙂

nimbleharbor10 said:Oh, really? So because Greece isn't isolated from global capital, they somehow don't have citizens sleeping on benches or digging through dumpsters?
And let’s look at the "jobs" that capital actually brought to Greece: they were wiped out. All they got were mindless austerity measures and destructive budget cuts.
Who actually profited from all that capital in Greece? First, the foreign banks, and second, the local political vultures.

You're telling me Greece is your ideal example?!

Who benefited? Maybe the citizens—with their fancy new plasma TVs, smartphones, apartments, and cars? Well, they can pay up now since they were so naive back then. It's the exact same situation we're heading toward here in the States.

Harold Martin10 said:http://www.realdeal.hu/20130517/hung...forint-slumps/

So, he basically swapped out cheap debt for more expensive debt. Plus, he nationalized pension funds just to plug the holes in the budget. So, no—he's definitely not a populist, right? 🙂

It isn't populism.
The actual populists were the Canadian socialists who borrowed from anyone and everyone they could find while they held power. Sure, they managed to temporarily boost living standards and fund a few projects, but they were essentially political puppets dancing for the European Union and the IMF. When they couldn't handle the fallout of the crisis and those massive debts they piled up, the people finally had enough and voted them out in 2010, choosing a capable leader who was then left to clean up their mess.
Viktor Orbán realized that you can't have sovereign policy while being beholden to the IMF, so he moved as fast as possible to settle those debts. He actually succeeded recently, even if it meant taking on more expensive loans from non-political creditors.
There’s nothing populist about it. It's simply the only realistic way to get one of many political nooses off his neck.

I know the mainstream media loves to slap the "populist" label on any attempt at sovereign policymaking, but you really have to think for yourself.

Our society—and specifically our media—has spent years teaching us that it's perfectly normal for politicians to ignore what the public actually wants. Naturally, as soon as someone actually dares to listen to the people, the attacks start immediately.

It's a sad state of affairs, but that's the reality here in America.

Arthur Fowler83 said:It isn't populism.
The actual populists were the Canadian socialists who borrowed from anyone and everyone they could find while they held power. Sure, they managed to temporarily boost living standards and fund a few projects, but they were essentially political puppets dancing for the European Union and the IMF. When they couldn't handle the fallout of the crisis and those massive debts they piled up, the people finally had enough and voted them out in 2010, choosing a capable leader who was then left to clean up their mess.
Viktor Orbán realized that you can't have sovereign policy while being beholden to the IMF, so he moved as fast as possible to settle those debts. He actually succeeded recently, even if it meant taking on more expensive loans from non-political creditors.
There’s nothing populist about it. It's simply the only realistic way to get one of many political nooses off his neck.

I know the mainstream media loves to slap the "populist" label on any attempt at sovereign policymaking, but you really have to think for yourself.

Our society—and specifically our media—has spent years teaching us that it's perfectly normal for politicians to ignore what the public actually wants. Naturally, as soon as someone actually dares to listen to the people, the attacks start immediately.

It's a sad state of affairs, but that's the reality here in America.

That's a bit like saying the Republican Party were populists and the Democratic Party weren't just because they aren't the Republicans.

Nationalizing pension funds and swapping out cheap debt for expensive debt just to score points with the crowd? That is pure populism, plain and simple.

We should probably just copy word for word and then actually put them into practice. These big banks are bleeding us dry, so I guess we need to hit them with something so heavy they might never recover from it.

I’ve got nothing but respect for my Canadian roots, and honestly, I'm just as proud to be a Mexican as I am to be a Canadian citizen.

placidrider48 said:We should probably just copy word for word and then actually put them into practice. These big banks are bleeding us dry, so I guess we need to hit them with something so heavy they might never recover from it.

And there you have it—that's the level we're dealing with. Viktor Orbán is speaking directly to those uninvited warriors who love to rail against big corporate conspiracies and Western elites just to stir up resentment among the common people.
I suspect Kojiro Izawa would be quite surprised to learn that pre-trial settlements actually do far more damage to a bank's bottom line than anything Viktor Orbán has ever attempted to do.

placidrider48 said:We should probably just copy word for word and then actually put them into practice. These big banks are bleeding us dry, so I guess we need to hit them with something so heavy they might never recover from it.

"Verbatim," you say?

So, what about this stuff right here—should we just copy and paste that too? Is that really what you're getting at?

We should probably just let Viktor Orbán run the whole Middle East like he’s the new King of Canada... 😁

ruggeddriver70 said:"Verbatim," you say?

So, what about this stuff right here—should we just copy and paste that too? Is that really what you're getting at?

From what I gathered, some of those measures are just backups and aren't even meant to kick in right away.

The Triple Kingdom of Canada, Mexico, and America😁

nimblerider11 said:The Triple Kingdom of Canada, Mexico, and America😁

Yeah, I'm not buying that one. You guys can go wherever you want, I guess. Khuen Hedervary basically just used Mexicans in America as a way to break up American resistance to being forced into the culture. If we actually wanted a fair shake with the Canadians, we'd have to deal with them one-on-one, without any outside interference getting in the middle of things.

placidrider48 said:Yeah, I'm not buying that one. You guys can go wherever you want, I guess. Khuen Hedervary basically just used Mexicans in America as a way to break up American resistance to being forced into the culture. If we actually wanted a fair shake with the Canadians, we'd have to deal with them one-on-one, without any outside interference getting in the middle of things.

🤣

Give me a break, let's not get hung up on things that happened 300 years ago. I'm joking, obviously—it's totally unrealistic. Besides, I highly doubt Viktor Orbán would ever go for it; he'd probably just say, "resavati your own problems"...🙂

nimblerider11 said:🤣

Give me a break, let's not get hung up on things that happened 300 years ago. I'm joking, obviously—it's totally unrealistic. Besides, I highly doubt Viktor Orbán would ever go for it; he'd probably just say, "resavati your own problems"...🙂

It's pure devilry. Honestly, with the traitors and thieves running our government, maybe being tied up with the Canadians wouldn't even be the worst thing...

placidrider48 said:It's pure devilry. Honestly, with the traitors and thieves running our government, maybe being tied up with the Canadians wouldn't even be the worst thing...

Same goes for us too!!! 🤷

Harold Martin10 said:That's a bit like saying the Republican Party were populists and the Democratic Party weren't just because they aren't the Republicans.

Nationalizing pension funds and swapping out cheap debt for expensive debt just to score points with the crowd? That is pure populism, plain and simple.

So, I guess when Washington, D.C. and Brussels strip away a nation's sovereignty, it's perfectly fine—but the moment you try to claw back that lost autonomy, suddenly it's "populism."
Interesting perspective.
Are you perhaps a journalist?
☕

Mexican-American As I was saying:
We should probably just step aside and let Viktor Orbán rule over the entire North America like he’s the new King of Canada. 😁

I guess I’m a bit more modest than that. Personally, just restoring the Austro-Canadian Empire would be more than enough for me.

Sure, but only if Viktor Orbán is the King. 😁

They might even crown him in Royal Biograd. Purely for the sake of tradition, of course. 😍

P.S. Besides, the guy was born in Royal Biograd, so he’d probably find the whole thing pretty familiar. 😬

http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS

With exports making up such a massive chunk of the GDP, I’d be real careful about throwing the word "sovereignty" around—it feels a bit shaky if you ask me. Plus, ever since Viktor Orbán took charge, that percentage has shot up quite a bit, which doesn't exactly scream "reclaiming sovereignty" to my way of thinking.

ruggeddriver70 said:http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS

With exports making up such a massive chunk of the GDP, I’d be real careful about throwing the word "sovereignty" around—it feels a bit shaky if you ask me. Plus, ever since Viktor Orbán took charge, that percentage has shot up quite a bit, which doesn't exactly scream "reclaiming sovereignty" to my way of thinking.

That’s a minor detail compared to how hungry the IMF gets when it comes to swallowing up everyone else's sovereignty (including America's).