I’m writing this because I can’t stop thinking of what I witnessed on Canada’s business news channel as Mr. Morneau read his third Trudeau, Liberal Government budget while Prime Minister of Canada, Mr. Trudeau; looking like a boy whose parents had insisted that he attend a function he didn’t understand, sat looking distracted in a … More The Prime Minister and Canada’s Expenditures
Yesterday, the last day of August, 2017 there was apparent jubilance about Canada’s above estimates GDP resulting from the highest first and second quarters since 2002. In the days preceding this great GDP feat Canada’s major banks have been reporting stellar earnings some raising dividends and one bank purchasing the ACC, Air Canada Centre and … More Making Money out of Money
Today May 9, 2016, Mr. Trump was reported to have explained that getting creditors to take less meant paying off loans to creditors in today’s interest rates if rates go higher than they are now. ( I wonder if that would prevent the global crisis?) I published the quotation that follows during the height of the U.S. … More a global financial crisis?