Elbows up, again: a US-Canada trade flare-up
Aug 24, 2026 · 21m
Summary
The episode examines the collapse of US-Canada trade talks, leaving Canada to navigate Trump’s tariffs while balancing internal political pressures. It then explores Japan’s “Ice Age” generation, who face long-term economic and social struggles due to entering the workforce during a recession. Finally, the show discusses the historical significance of military sieges, from Troy to Leningrad, as pivotal moments in civilization.
Topics discussed
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US-Canada trade tensions and Mark Carney's dilemma
History of Trump's tariffs on Canada and Mexico
Breakdown of trade talks: Trucks, sovereignty, and language
Internal Canadian politics: Quebec and Alberta stakes
Economic impact of tariffs and waiting for US midterms
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Japan's 'Ice Age' generation and employment struggles
Economic bubble burst and hiring freezes in the 90s
Irregular work, freeters, and wage stagnation
Future pension and housing crises for Ice Agers
Historical significance of sieges: Vienna and the Alamo
Utilitarian sieges: Tyre, Leningrad, and Malta
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