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I find it interesting that Canada has largely avoided the banking catastrophe (due to regulation I understand); However, a largely neglected statistic is that the per capita national debt is higher in Canada, than it is in the US. (Let's not forget that California's population larger than Canada's 45M vs 33M.) So while on the surface, Canada may look golden, it's debt is pretty heavy for a 'small' country.
My grandfather told me years ago that rates of inflation bandied about by Governments are often malipulated by including/excluding items from the baskets of goods. Talk to any senior and I'm sure they will say that their purchasing power each year becomes less and less.
posted by 68.144.1...
Posts in this Thread:
- Economy - double dip and investments?, pete
, Thu, 8 Jul 2010 16:38:39- Re: Economy - double dip and investments?, john Myers, Fri, 9 Jul 2010 23:00:39
- The economy is always cyclic. But what we have now, Noel, Fri, 9 Jul 2010 11:55:41
- Re: Economy - double dip and investments?, lowbar, Fri, 9 Jul 2010 08:30:14
- Re: Economy - double dip and investments?, No Snaab, Fri, 9 Jul 2010 08:06:13
- Re: Economy - double dip and investments?, Robert, Thu, 8 Jul 2010 17:35:09
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