Friday, March 30, 2012

Canada's pending big oil pipeline projects have been clogged by some disagreements with the U.S., to my vague knowledge.

What clogs the economy? Politics. On the other hand, what facilitates the economy? Politics again.

Looking back, we now know that RIM's launch of Playbook tablets was just piling Pelion on Ossa.

RIM has just recorded its first quarterly loss since its fiscal year 2006 or so. (See http://www.moneycontrol.com/news/wire-news/analysts-cut-rim-price-targets-after-qtly-loss_687013.html .) For a big company of that size, having a quarterly loss isn't a big problem in itself. But it's a tremendous problem for it to lose more and more of its competitiveness quarter after quarter for multiple straight years, as well as slide from being profitable to losing money, while its successful competitors, i.e. Apple, Samsung, etc., have been getting higher and higher profits during the same multiple straight years.

People would think, if RIM doesn't sell itself as soon as it can while there's still a narrow window open for it to do so, then the guys who actually run it must have lost their senses.

To empower is the opposite of to hamper. A capitalist country, coupled with the social fabric of democracy, is apt to be a case of the former.

Intrinsically, Canada is an equal society. At least, money is equal here, with whoever holds it.