Donald Trump’s tariff threats have sent most Canadians into a panic. But for the country’s corporate class, the crisis has spelled opportunity.
They’re pushing their long-standing wishlist of corporate tax cuts, deregulation, and austerity—and even expressing appreciation for the U.S. president’s bullying.
The head of the country’s most powerful lobby group, the Business Council of Canada, sounded positively grateful while attending Trump’s inauguration.
“I think we owe the president a thank you,” CEO Goldy Hyder told journalists in Washington, D.C. “He’s woken us up.”
Turns out that our billionaire’s are scumbags too.
All billionaires are scumbags. Pretty sure they taste like it too.
We should just leave them for the wild animals to take care of.
Honestly, it’s basically a prerequisite.
Not to mention just how easy it is for them to win massively from any sort of crisis. Every single time there’s a recession, it’s always the oligarchs that win huge at the cost of everybody else. Only a few most responsible for a major crash ever lose out, or some that grow insanely dumb or complacent, and anybody else with half a billion makes it out like bandits each time.
At the minimum, they can hoover up everything at pennies to the dollar during the recession and they have far more control over everything once things start to recover and are in a position to sell anything they didn’t actually want so they’re ready for the next recession or bubble.
The tech industry’s strategy was recently revealed in several documentaries and exposes. They buy up entire companies while they’re small and cheap, grow massive and bloated from the huge influx of people and IPs, then when the current bubble bursts, they dump all that excess weight while retaining all the most valuable assets while thousands to millions lose their jobs. And they retain investor trust because they just say that they’re preparing for the upcoming recession so they’re actually the smart ones and the ones that should be invested in more.
You know there’s something fishy when several tech giants suddenly start laying off people out of nowhere and they’re all raising some alarm about a downturn months before anybody’s stocks started falling or GPD growth slows.