The conversation centers on the global economic outlook, particularly regarding Mark Carney's "rupture" assessment of the post-World War II order and the potential implications of a second Trump administration. Jim Thorne, Chief Market Strategist at Wellington Altus, interprets Carney's statements as an acknowledgment of the end of globalization. Thorne also analyzes Canada's recent trade deal with China, viewing it as a litmus test of Trump's economic policies and a potential roadmap for future US-Canada trade negotiations. The discussion touches on concerns about the US dollar's dominance, central banks' moves towards gold, and the potential for a Bretton Woods 2.0 system based on blockchain technology. Thorne forecasts that Trump's economic endgame in 2026 will focus on bringing economic growth back to Main Street, favoring productive capital and deregulation.
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