The National Telegraph - Wyatt Claypool - April 18, 2026


Mark Carney is economically incompetent - “Knowing” the business world means nothing in politics.


Episode Stats


Length

2 minutes

Words per minute

185.35655

Word count

454

Sentence count

19


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

It reminds me of when Mark Carney was on the debate stage for the Liberal Party Leadership in early 2025, and when he was asked, "How are you going to solve the trade issue with President Donald Trump?" he gave the worst answer I've ever heard.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 Hey guys, Wyatt here. I just wanted to echo this thought that Tristan Hopper put out on X just a
00:00:06.640 little bit ago. He was talking about how the Liberals had been marketing Mark Carney as a guy
00:00:12.760 you can trust with Canadian economy because he knows other business people. He knows the business
00:00:19.080 world really well. What does that actually mean? We've now lived with it for over a year with
00:00:26.000 Prime Minister Mark Carney, and what has that actually gotten us? Does him knowing people mean
00:00:32.600 that the economy is going to get better? Well, evidently not, but this is just one of those
00:00:37.060 things many people accepted as if it made any sense at all. It reminded me of when Mark Carney
00:00:43.380 was on the debate stage for the Liberal Party leadership in early 2025, and when he was asked,
00:00:51.080 well how are you going to solve the trade issue with president donald trump he gave the worst
00:00:56.640 answer i've ever heard but it was an answer that a lot of people just bought at the time because
00:01:01.760 a lot of people don't tend to think very deeply about the answers politicians give he just said
00:01:06.180 i'd use diplomacy i'd use our uh our diplomacy i would negotiate like what do you mean this is like
00:01:13.540 the worst answer to a problem in the game of dungeons and dragons oh i haggle with him oh i
00:01:19.480 try and lie. I use guile. What do you mean by that? What are you actually going to say, Mark
00:01:25.480 Carney, when you're in the room with Donald Trump? Because it turns out you're not going to be able
00:01:30.220 to say, I'm not going to diplomacy you. And then you're going to roll a dice and see if it works
00:01:35.320 or not. That's not how that works. And lo and behold, we still do not have a trade deal with
00:01:42.320 the United States. Wow, who would have thunk it that the guy who thought diplomacy equals a
00:01:48.060 strategy didn't actually know what he's doing, simply saying that we should diplomacy. Oh my
00:01:53.260 goodness. And yeah, and Tristan Hopper is right with his original thought. Knowing people in the
00:01:57.840 business world doesn't make Canada a good asset to invest in. If he isn't going to massively cut
00:02:04.260 taxes and regulations and just generally cut down on government spending, his friends are not going
00:02:10.840 to invest. He can know everybody on the planet, and they're not going to invest in Canada if it's
00:02:16.580 a bad investment. They don't like Mark Carney that much that they're willing to lose money
00:02:21.000 investing in Canada just to back up their buddy Mark. It's never how it's going to work.