I read that headline much more pessimistically than you guys. Turn it around and “nearly half of manufacturers won’t survive a year with current trade wars”
I kinda read it like people saying they couldn’t face a $200 expense.
At face value they feel that in a poll, but in reality when you sit down and look at hard options in earnest things become different.
That’s not to totally dismiss it, but I think this is an under estimate of the real number of companies that will survive.
I do think it will be rough, and I hope I can do whatever part to help make things better these next years.
That means we don’t need to pour dump trucks full of tax money directly into large and established Canadian companies’ pockets. But, instead, maybe we can diversify local suppliers and incentivize the development of smaller local businesses, and maybe crown corporation manufacturing and logistics?
Too big to fail?
I hope you’re right, but I don’t trust the system that much.
That’s good to hear, but can their laid off employees and their customers weather it? That’s going to be the question. Because that’s probably how a lot of them are planning to deal with it. CEOs don’t give a shit about you and they’re not going to dip into their strategic assets or long-term investments or god forbid their compensation packages to pay a tariff or to pay anyone. They need that, you know? They don’t need you.
The company might be able to. How about all the workers they fuck over while they try to survive, though?
