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You thought Canada was doing well. No crazy bank bailout, right?


"[banks deny it was a bailout.] However, government support amounted anywhere from 69-percent to 150-percent of the [banks]' book value at that time."
Daniel Lemire's profile photoWendy Flanagan's profile photoWalter Lounsbery's profile photoFreda Coursey's profile photo
Keynesian economics doesn't work if you tell the truth. It's all about fooling them into thinking things are better, so they spend like it's better, to make things better.
You can look on the bright side of it... We did it better than anyone else and kept it secret......................... for a while ;)
Also that is the Canadian way.... Don't ask, just apologize after ;)
+Mark Noble Well. The Canadian government has also been applying austerity measures. So... it is Keynes with the banks, but Hayek for the rest?
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