Scratches to Sketches
Wednesday 19 June 2013
G20 summit: NSA targeted Russian president Medvedev in London
Is the temptation too great for spies to resist?
Worthwhile Canadian Comparison shows vulnerability to shock?
Nasty combination of factors place Canadians in their own world of economic determinants, some of which won't be so cool when the Alberta oil boom and other factors come home to roost.
We are reminded that the exchange rate used to be about 62 cents to the US dollar so a huge amount of capital migrated to Canada making it seemly invulnerable to what has ailed the rest of the world.
Good times often end very abruptly, so it's best to be prepared?
Too many mobile firms and individuals could dump a Canadian home preferring the bargains of a much larger domicile and market to the south.
Paul Krugman: NYT Writer Wants Less Austerity — a Recipe For Fiscal Disaster
Sal who has business experience believes he knows more that Professor Krugman about economic macro management?
Thank you Sal, but please really do the math! You are wrong. Leaving people untreated for illness and poverty costs much much more than dealing with the problem. It's like building a road and whether you pave it or leave it unpaved. By paving a road you reduce costs in the long run by the savings on the wear and tear on vehicles, faster travelling times and a host of secondary benefits.
Sal you would be right if spending were wasted on frivolous road paving. That's where you need to put your emphasis on fiscal responsibility. Make sure the roads you build and the assistance you give to those less fortunate is sound in a physical sense and the fiscal issues will take care of themselves with higher productivity and incomes to buy the products from your business.
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