Why Tariffs Could Crush Canada’s Economy — ft. Mike Moffatt

This podcast episode discusses current events, focusing on Apple's $500 billion investment in American innovation, the succession of Cantor Fitzgerald to the founder's sons, and the increasing consumer spending driven by the top 10% of earners in the US. The hosts debate the significance of Apple's announcement, analyzing it as a strategic move to appease Trump rather than a genuine increase in investment. They then discuss the implications of the top 10% controlling nearly 50% of consumer spending, highlighting the growing income inequality and potential investment opportunities in a potentially dystopian future. Finally, an interview with an economist provides insights into the Canadian economy, its political landscape, and its relationship with the US, particularly concerning trade and potential tariff impacts. The discussion concludes with reflections on the state of US-Canada relations and a call for Americans living abroad to return and engage in the political process.