Economic resilience refers to a nation's ability to withstand economic pressures without collapsing, while inflation management involves balancing price stability with economic growth; effective economic policy requires understanding that price increases (inflation) and economic resilience are separate concepts, and that sustainable prosperity depends on maintaining affordable living costs while fostering economic growth and opportunity for citizens.
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Deep Dive
A Quick Talk With Prime Minister Mark CarneyAdded:
Hello to all. Welcome back to another episode with your host genius super billionaire. Our guest in today's cinema episode is the prime minister of Canada, Mark Carney. Mark Carney, how are you doing today?
>> Hey Demani, I'm really happy to be here.
Thanks for having me. Of course, Mark.
Mark Carney, why do you pause so much?
I've noticed that. Is it like buffering?
You running on McDonald's Wi-Fi or something? Well, Deman I wouldn't characterize it as buffering.
I'd say it's more of a strategic liquidity pause.
You know, I like to ensure my words have optimal inflation-adjusted impact.
>> That sounded like you said nothing but with confidence. Exactly. That's how you know it's working.
>> Okay, I'll give it to you. Fair.
Simple question. How is Canada doing right now?
>> Canada is in a very strong position.
If you define strong as resilient.
And if you define resilient as not completely falling apart yet. So, we're surviving?
>> We prefer the term economically vibing under pressure.
>> What does that even mean?
>> It means groceries cost more.
But emotionally, we're growing.
>> Emotionally growing? Huh. More like my bank account is emotionally declining.
>> That's actually part of the plan.
>> What plan?
>> If no one can afford anything, technically, no one is overspending.
>> You just fixed inflation by making everyone broke?
>> I prefer the term equalized disappointment.
>> So, Mark, final question. Are groceries ever going back down or should I just start photosynthesizing? Well, Demani, if we look at inflation over a medium-term horizon, >> Oh my gosh, here we go again.
>> you'll see that prices are stabilizing.
>> Stabilizing? Bro, my cereal went from $4 to put it back gently.
>> No, no. Inflation is lower now.
>> Lower? Are you saying I'm tripping because it already went up?
>> That's how inflation works.
>> You just explained the problem like it's a future.
Wait. Hold on.
Mark.
Mark.
>> Deman, I think your connection is Nah, your connection is bad. You're still on McDonald's Wi-Fi.
>> Keep talking and I'll take your whole paycheck, you.
>> And just like that, the economy, the Wi-Fi collapsed. All right, since Mark Carney is currently buffering like the Canadian economy, let's bring in someone who's been waiting to talk.
Our next guest, the opposition leader, Pierre Poilievre. Pierre, welcome to the show.
>> Great to be here, Demani. I see the Prime Minister disconnected, probably ran out of excuses.
>> Damn, we starting like that?
>> Look, he says inflation is under control, and Canadians are still paying more for everything. That's like me setting your house on fire and then saying, "Good news, the fire isn't getting worse."
That is actually the best explanation I've heard all year.
>> After 10 years, everything costs more.
Housing is basically a boss level mission, and somehow they're out here celebrating like we just beat the game on easy mode.
At this point, I'm watching Mark Carney and Justin Trudeau like, wait, did they just switch skins or is this the same character with a different outfit?
Like, I'm not even saying they're the same, but if this is a spot the difference puzzle, I'm failing it.
And don't even get me started on Doug Ford talking about for the people while Canadians rent is doing Olympic high jumps.
At this point, the only thing growing faster than prices is the size of his press conferences. So, Mr. Poilievre, what would you do? All right, hear me out. Just hear me out for a second.
What if, crazy idea, we cut the taxes, stop the overspending, and let people actually keep their money.
I know, I know, revolutionary stuff. And then, stay with me, we actually use the ridiculous amount of resources this country is sitting on like on purpose.
More production, more jobs, more money going around, and boom, the economy starts acting like it wants to live again. So, basically, less government subscription fees?
>> Exactly. Canadians didn't sign up for premium suffering. We're out here paying subscription prices for basic living, rent, groceries, gas. Everything's upgraded except our paychecks. At this point, it feels like the country hit us with a hidden fee.
Congratulations, you've unlocked hard mode. Just saying, I watched a podcast with you and Joe Rogan, and Joe Rogan was quite confused. He was surprised that you lost election. So, my question for you is, how do you intend on winning the next election?
>> By telling the truth.
>> Be serious. Fine.
I wait for chaos, then suddenly, Donald Trump tweets something insane.
>> That's already happening.
>> Exactly.
Next thing you know, he's putting tariffs, talking about Canada like it's DLC.
>> Not DLC.
>> And boom, election turns into who can survive Trump better.
>> So, your entire strategy is vibe in chaos?
>> It's not chaos. It's strategic opportunity. You sound like Mark Carney.
>> Don't ever say that again. All right, final question, Mr. Poilievre, what's your promise to Canadians?
>> Lower the weight on people's shoulders.
Let them keep more of what they earn.
Open the doors to real freedom, not just in words, but in how they live, build, and dream. Make home something within reach again, not a distant fantasy.
Streets where families can settle, grow, and belong. Cities that feel alive with possibility, not pressure.
And above all, give people something they've been missing for a long time.
The sense that tomorrow can be better than today. Not promises, direction, not slogans, change. A future that feels possible.
>> Yeah?
>> Groceries that don't require a payment plan. Woah. If you do that, you're definitely winning, 100%. I can promise you that.
>> Me, too. I like that idea. I really do.
Smart idea, strong idea. It's something I could have done when I was running for president. Maybe I should have. Would have been very effective. People would have loved it. Gosh damn it. Who decided to invite Joe Biden?
>> I promise it wasn't me. Could never be me, except for that one time I invited him in Parliament.
>> Hey, sleepy Joe. It was me. That's my twin brother.
>> It wasn't me. No, no. Couldn't have been me. I could never talk to sleepy Joe, frankly.
Never had the patience for it.
Nobody does. People try, they really do.
And then they just give up. They say, "Sir, it's impossible." And I say, "I know. I know. Total disaster. Total mess."
Sorry for the interruption, everybody.
Let me play some music in the background while I handle this situation.
>> Twinkle, twinkle, little star, how I wonder what you are. Up above the world so high, like a diamond in the sky.
>> Joe Biden, shut the already. Now, let's get back to the episode.
All [bell] right, ladies and gentlemen, our next guest. You know him. You have debated about him. You have probably argued about him at Thanksgiving. But tonight, we are not introducing him like a normal politician. We're introducing him like a champion. From Ottawa, Ontario, Canada. Waiting out political controversial, the former teacher, the part-time boxer, the man with the most recognizable last name in Canadian politics, the son of Pierre Trudeau, the liberal legend, the policy heartthrob, Justin Trudeau!
Mr. Justin Trudeau, welcome to the show.
Deman, it's great to be here. I haven't had an entrance like that since, well, ever. I might start doing that at grocery stores. Honestly, it would make paying $12 strawberries full worth it.
All right, Mr. Trudeau, let's get straight into it. A lot of people say you won an election based off legalizing weed. Now, that time, that was in 2015, I believe. And I was in grade five, I think. I believe so. 2015, I think. Or was it your second run? I don't remember.
>> I prefer to call it connecting with Canadians where they were at.
>> Which was high?
>> Which was hopeful, Demani.
>> Now, I got to ask. Some people online say your time in office felt a little controlling. Like, you know, like a dictator. How do you feel about that?
>> Well, first, I'd say Canadians are passionate, and sometimes that passion shows up very loudly on the internet.
>> Hm. That's one way to say Twitter's unhinged. Secondly, leadership means making difficult decisions. Not everyone agrees with them, but that doesn't make them undemocratic.
>> So, you're saying you weren't a dictator?
>> Deman, if I were a dictator, do you think I'd survive question period?
>> All right, let's talk about retirement.
How's life been after politics?
>> It's been nice. More time with family, less time being yelled at in public.
>> So, would you say you can finally go to a coffee shop in peace now? Well, mostly. Someone still recognized me last week and asked if I could fix housing prices. The real question though, did you?
>> I suggested they try meditation.
>> Meditation? Broski, people can't afford rent. Be honest, do you miss being Prime Minister? I miss serving Canadians, but I don't miss the 24/7 pressure.
>> Not even a little? Okay, I miss having a motorcade in traffic.
>> Yeah, I guess skipping traffic is elite.
Let's talk about your love life. How's your love life, Mr. Trudeau?
>> [laughter] >> I wouldn't go that far.
>> Woah, hold up. Hold up. We have all seen the internet. They're saying somehow you pulled Katy Perry. I just need to know, as a former Prime Minister, what's the strategy there? Did you hit her with, "Hey, I know Drake, and also I am Justin Trudeau, the former Prime Minister of Canada?"
>> I can confirm name-dropping was not part of the the Not even a little? Started from the bottom, now we're in parliament? I think it's more about being genuine and maybe not talking about politics on the first date.
>> So, not opening with um let me explain what the federal budget is.
>> That's usually a second date conversation. Oh, okay. Keep the red flag mysterious. Got it. Final question, what do you think people will remember you for? I tried to move this country forward.
That was always the goal. Even when the path wasn't clear, even when the choices weren't easy.
I stood for what I believed were the right values. Not the loudest ones, not the easiest ones, but the ones I thought would endure. Change was never going to come overnight. It rarely does. But I believed, still believe that what we started mattered, that it pointed us somewhere better. Of course, not everyone will see it that way. History has a way of focusing on the fractures, the missteps, the things that didn't go as planned.
But I hope in time people will understand the intention behind it all.
That they'll see not just the outcomes, but the effort. Not just where things faltered, but where we tried to take them.
Because in the end, I wasn't chasing perfection. I was chasing progress.
And I hope that counts for something.
And maybe legalizing weed? And maybe other drugs? That, too. Now, ladies and gentlemen, for our final guest, our super cinematic guest, we're bringing the alpha male who treats diplomacy like a reality show final. A man who turned boardrooms into battlegrounds. A man who says you're fired like it's a love language. He studied at the prestigious schools, top of his class, the best business mind, some people say ever, even though you know a couple bankruptcy here and there. That's just strategy losses. He's bold. He's loud. He's unpredictable. And somehow always in the headline. Ladies and gentlemen, president of the United States, Donald J. Trump. Mr. Trump, welcome to the show. First of all, Demani, terrible start. Really terrible. I told you, very clearly, by the way, maybe the clearest contract anyone has ever seen, you do not interview Justin Trudeau before me.
Okay? Total disrespect, total disaster.
I don't like it. I mean, he was available. Available? Of course he's available. Nobody's calling him.
I'm very busy, very important. People love me. And you go with Trudeau first?
Bad decision. Very bad.
I might have to rethink being here right now. But hey, look on the bright side.
You're here now, though. I'm here because your ratings needed help.
Let's be honest. So, Mr. Trump, what are your thoughts on Canada right now?
>> Canada, wow.
What a situation. I look at Canada and I say, what happened?
You had a chance, okay? You had a real chance. And then Mark Carney, this guy, comes in. Let me tell you something about Mark Carney. He didn't win because he's great. No.
People got scared. They said, "Oh, no, Trump is coming. We need someone boring, someone safe, someone who says um every 5 seconds." That's how he won. Fear.
Total fear victory. Damn. That's one way to put it.
>> It's the correct way. The best way.
And by the way, Mark, if you're watching, and I know you are because you have nothing else to do, you still haven't made a deal with me.
Not one good deal.
Terrible negotiator. So, what do I do? I hit you with tariffs, more tariffs, the best tariffs. Nobody does tariffs like me. That sounds aggressive, Mr. Trump.
>> It's called winning, Demani.
And then I see you're making deals with China now. China, really? I look at that and I say, maybe I'd rather have Trudeau back. Can you believe that? Or Pierre?
Pierre's my guy. I like Pierre, strong, says things. Not like Carney, who talks like a broken GPS.
>> Wow, you're not holding back. That's >> And honestly, Carney is moving like sleepy Joe.
Very low energy.
I watch him speak, I fall asleep.
It's not good for a country. Do you have any final words for Canada? Yeah.
Get it together. Seriously. You had potential, tremendous potential. People were talking about it. Everybody saw it.
And now, you're okay, just okay. Maybe less than okay, frankly. It's disappointing, very disappointing. I don't like disappointment. Nobody does.
And Mark, listen to me, Mark, you better make a deal, a real deal. Not one of these weak, embarrassing deals, a strong deal, the kind people remember. Because if you don't, we're talking tariffs. Big ones, massive, the biggest you've ever seen. Beautiful tariffs. The kind that make headlines, the kind that change everything overnight. You think things are intense now? You have no idea, none.
Okay, well, thank you, Mr. President, for coming on the show. Thank you. Thank you, Demani. Great show. Incredible show. Maybe the best you've ever done.
Let's be honest, because I was here.
That's just a fact. People are saying it already. Tremendous energy tonight.
Really tremendous. But I've got to go.
Important things, very important things.
Bigger than people understand.
Things are happening fast, explosive things, the kind that shake everything up. You'll be hearing about it. Oh, you'll definitely be hearing about it.
Sooner than you think.
>> And on that note, we are definitely ending the episode. Ladies and gentlemen, if you guys enjoyed this episode, feel free to like, comment, and subscribe. I really appreciate it. It helps the channel to grow a lot. Take care, and I'll see you guys in the next episode.
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