Quote:
Originally Posted by merrylander
Dumbo tell us about all the Canadian banks that had to be bailed out by their government in 2008 2009. Zeke I would like that smiley also.
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Depositor Haircuts Spreading: Canada Endorses Cypriot Financial Harshness. Ottawa’s Proposed “Bail-in Regime for Important Banks”
http://www.globalresearch.ca/deposit...-banks/5329175
Loonie hits 4-year low amid weak Chinese manufacturing data
http://www.thestar.com/business/2014...ring_data.html
Short Selling Canadian Banks, Loonie A Bad Sign For Economy
http://www.huffingtonpost.ca/2013/04...n_3179845.html
Banks got $114B from governments during recession
http://www.cbc.ca/news/business/bank...sion-1.1145997
Why Canada became a welfare state
http://www.vigile.net/Why-Canada-became-a-welfare-state
Six Canadian banks on review for Moody’s downgrade
http://business.financialpost.com/20...dys-downgrade/
You all should have followed this guys investment strategy.
The case for shorting Canadian banks
http://www.bnn.ca/News/2013/5/13/The...ian-banks.aspx
I never said anything about 2008-2009 Canadian banks being bailed out. I said they sold every speck of gold they had so in a way yes the government bailed them out. Most my comments on this thread were related to the weakness of the entire western banking system. Also around 20 months ago during the euro crisis can you read?
But in looking for info to fill your ego related to that time line it looks like Canada is even worse off now. And now they don't have any gold to bail them out. So it would behove you to look at the Cyprus style BAILIN that I said all countries have in place now. Whats that? The depositors will be hit with the bill, as the bank and investors get paid.