I put a couple of articles on the back-burner, waiting for a chance to read both before commenting on them. As it happens, this most recent article reminded me a little of this one so I thought it was time to explore them a little further. Ultimately, the conclusion that both seem to have is that we’re going to run out of taxpayers. And the […]
The Canadian government has made a commitment to spend an unprecedented amount on ‘stimulus’. So has the US. The British government has bought many banks (along with the US) and will likely buy several more over the coming months. The EU has reduced lending rates in order to encourage people to borrow, spend and borrow some more. Through this process, the world’s economic ‘power houses’ […]