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Yeggy said:
^ That is AI
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It's also a bit convoluted in its timing in that it references Prime Minister Trudeau - a mistake Buffett wouldn't make if this was current - and all of the references to tariffs etc. that this is directed at wouldn't have been imposed yet. I also find it hard to believe that in the introduction Buffett actually referred to himself in the third person.
 
Yeah, that was very odd! But hey, I figured maybe the very rich have odd foibles that everyone excuses 🧐
 
archited said:
Of Course -- it is the new way of smoothing out presentations so that they are more coherent -- almost all of the politicians are using AI, newscasters too. The message, however, is real (first hand information).
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Nonsense, and forgive me if I'm not ready to believe your "first hand information" comment. No-one - not even Warren Buffet - sits for almost 50 minutes with his legs crossed and doesn't uncross them even once and no-one - not even Warren Buffet - sits that still in an identical posture for that length of time with only the occasional small and repetitive hand movements. This isn't "smoothing out a presentation so that it is more coherent" (there are no disconnects in body or head positioning that "smoothing out" would still need to include) this is a complete AI fake. The message itself may well be accurate but the video is not.
 
Whatup said:
"c

"Cratering their own economy" - are you serious? The USA is an innovation and AI economic juggernaut. At current rates Canada's GDP per capta will be half of the USA's in 10-15 years. Canada's best industry (O&G) is being regulated and diminished by the Liberals while they pander to money losing industries in voter rich areas. Canada, as resource rich country next to the largest economy in the world should be the richest per capita nation on earth - but it is at par with small countries like the Netherlands - South Korea, a mountainous country with very limited natural resources and arable land, and destroyed from a awful civil war only 70 years ago, and being sandwiched between two more powerful and at time aggressive countries who have colonized Korea several times - this little country of 60 million people is a innovation, manufacturing and soft power economic success. South Korea will pass Canada in GDP per capita within 5 years most likely. Canada's government had many chances to diversify its economy and not rely on USA so much but ridiculous "climate change" and Quebec issues etc etc result in this country being unable to build any big money making national infrastucture - the world is very competitive and most Canadians are very naive and unworldly. Even Malaysia where I live builds new infrastructure all the time and its not paralyzed by sef-flagulating virtue sigalling nonsense that prevents it from even building one freaking pipeline. Canada is very fortunate to be next to the most benign superpower in the world - think of the problems countries next to Russia and China, and even the UK have endured. Central Canada was complacent and thought its branch plant economy and selling electricity to New York was the road to eternal success. Unlike South Korea, it lacked competitiveness and innovation that is born from adversity, hard work, being pragmatic and being truly proud of its culture. This is why little South Korea has found success - long term value added success and whining Canada - a country that unlike South Korea has had almost zero adversity in its history, let's one boorish USA president completely mind screw them. Its pathetic. Proud innovative nations with strong identities like Japan, China, South Korea etc would never let their streets become taken over by drug addled crazy people. Trump is trying to fix this in the USA and he eventually will. Canada needs to stop whining and start doing - however I have my doubts it ever will. South Korea and Japan don't have a Quebec they need to pay off - and they have strong cultures - Canada's identity is based on being good at hockey, having a "free" health care thats supposedly better the the USA, and being "nice" - plus Tim Horton's.
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Economic juggernaut, sure. But the majority of their core statistics are predicated on AI industry development, which is a well-documented bubble of recursive investment. Bloomberg made a diagram which is pretty good at explaining how it works.
1769445972565.png


These companies aren't really making much money because it's just huge sums of capital being passed around and passed back. Employment is caving, affordability is weakening, social supports are wobbly at best. Part of the reason people keep pointing to the GDP as a metric of economic health is that it's one of the only numbers that looks good on paper, but even that statistic is a facade. It's a real-life example of that joke about two economists eating dog turds.

Together, the AI categories contributed 0.97 percentage points to real GDP growth in the first three quarters of 2025 (0.90 percentage points, excluding data centers, for which data were not available in 2000), higher than the 0.81 percentage points in 2000. Through the third quarter of 2025, these categories made up 39% (36% excluding data centers) of total GDP growth versus 28% in 2000.
 
kcantor said:
Nonsense, and forgive me if I'm not ready to believe your "first hand information" comment. No-one - not even Warren Buffet - sits for almost 50 minutes with his legs crossed and doesn't uncross them even once and no-one - not even Warren Buffet - sits that still in an identical posture for that length of time with only the occasional small and repetitive hand movements. This isn't "smoothing out a presentation so that it is more coherent" (there are no disconnects in body or head positioning that "smoothing out" would still need to include) this is a complete AI fake. The message itself may well be accurate but the video is not.
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That is precisely what I said... The presentation is AI -- the information is accurate. What are you going on about -- again!!
 
^ That is Warren Buffet's precise contention. The dollar is losing ground to the Yuan, the Yen and the Euro. The main issue as he describes is a lack of trust or faith in the U.S. as a global economic leader and that once those economic provisos have been lost they are hard to get back again. He is moving, gradually, his investments into Canadian portfolios.
 
The Lack of trust is driving both economic and defense planning. Even if you have an agreement does not mean it will be honored. As we have seen. Agreements that the trump administration have signed , he backs away from if he feels he has been slighted.
 
Mark Carney was recently invited to address the Australian Parliament -- it seems that his Davos speech was really well received there and the Aussies are anxious to get on board with his Middle Powers concept. CDN is rising in relation to USD. Currently, he is essentially ignoring Trump. The Orange is now railing against Canada having second thoughts about Defense procurements involving American companies. Carney seems content to let the Orange stew in his own thoughts for the time being. Ultimately I suspect (hope) that he goes with Saab's Gripen built-in-Canada offer for new jets and Korea's submarine proposal. The Aussie horizon early warning radar system is already fait accompli.
 
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archited said:
Mark Carney was recently invited to address the Australian Parliament -- it seems that his Davos speech was really well received there and the Aussies are anxious to get on board with his Middle Powers concept. CDN is rising in relation to USD.
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Id say its more the USD is tanking against everything.
 
archited said:
That is precisely what I said... The presentation is AI -- the information is accurate. What are you going on about -- again!!
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Going on about? I simply pointed out that you posted a video of Warren Buffett that is not particularly accurate or current and isn’t a video of or from or written by or has any demonstrable connection to Warren Buffet. You said he is “moving his investments to Canada” which is not demonstrable (Berkshire Hathaway considers Canada a good investment climate - but not exclusively - and some of that assessment is based on US integration) and you stated that you had “first hand knowledge” of the video’s validity (when it has none)... It’s not me that’s going on or continuing to double down here.
 
Ill be blunt, Its AI Slop…. If you are of an older generation ill put it this way; Its like reading “The Sun” and thinking its news.
 
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