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Economic recovery package before Congress"would provide massive fiscal stimulus."
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<blockquote data-quote="wkmac" data-source="post: 478945" data-attributes="member: 2189"><p>Interesting points about Canada you make. Prior to reading your above comments, ironically I read this over at Taki's magazine covering the almost exact same subject. Between the comments @ Taki's and your's, I did a quick search of Canada's banking and they seem in rather remarkable shape as you pointed out. Seems right now if anything, we (the US banking system and US gov't policy) left the door open and they caught a slight cold from our draft if you know what I mean.</p><p></p><p>Iceland's economy has collasped to the point mass protests have been taking place. Again at Taki's, a story covers the chaos that is happening over there as a result. Word is from some that England's banking and economy are about to follow Iceland and I'm not convinced that at some point we aren't far behind. If there is a lesson from our northern neighbor, it is to live our lives more within our means and more frugile a lifestyle. We use to do that but have let it slip away over the last few decades.</p></blockquote><p></p>
[QUOTE="wkmac, post: 478945, member: 2189"] Interesting points about Canada you make. Prior to reading your above comments, ironically I read this over at Taki's magazine covering the almost exact same subject. Between the comments @ Taki's and your's, I did a quick search of Canada's banking and they seem in rather remarkable shape as you pointed out. Seems right now if anything, we (the US banking system and US gov't policy) left the door open and they caught a slight cold from our draft if you know what I mean. Iceland's economy has collasped to the point mass protests have been taking place. Again at Taki's, a story covers the chaos that is happening over there as a result. Word is from some that England's banking and economy are about to follow Iceland and I'm not convinced that at some point we aren't far behind. If there is a lesson from our northern neighbor, it is to live our lives more within our means and more frugile a lifestyle. We use to do that but have let it slip away over the last few decades. [/QUOTE]
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Economic recovery package before Congress"would provide massive fiscal stimulus."
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