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  #51  
Old 01-20-2012, 01:03 PM
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Bigerik Bigerik is offline
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As a patriotic aside, Canada is one of the very few countries in the world with a solid AAA rating. Most of the other countries, like Sweden,Norway and Denmark, would all be considered "socialist" in the US of A.
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  #52  
Old 01-20-2012, 01:08 PM
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merrylander merrylander is offline
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Originally Posted by Bigerik View Post
As a patriotic aside, Canada is one of the very few countries in the world with a solid AAA rating. Most of the other countries, like Sweden,Norway and Denmark, would all be considered "socialist" in the US of A.
Shh Erik, every time the $CDN rises it is like getting a raise.
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  #53  
Old 01-20-2012, 01:14 PM
David Newman David Newman is offline
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Quote:
Originally Posted by Bigerik View Post
As a patriotic aside, Canada is one of the very few countries in the world with a solid AAA rating. Most of the other countries, like Sweden,Norway and Denmark, would all be considered "socialist" in the US of A.

Let's see.

Sweden. Refused to join the Euro because they didn't want to give up monopolistic control of their currency. AAA rated. Check.

Norway, refused to use the Euro because of similar reasons. AAA Rated. Check.

Denmark, same story. AAA Rated. Check.

There were some nice advantages to creating the Euro for businesses, but the governments who gave away control of their money supply are largely regretting that decision right now. They have relegated themselves to a similar position as states in the US which holds them to the same debt rules as a household.

Canada, US, the others mentioned above, Japan and a few others have no such constraints on their economy. Even if the US seems to be too dim to realize it.
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  #54  
Old 01-20-2012, 04:58 PM
Charles Charles is offline
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Quote:
Originally Posted by David Newman View Post
Let's see.

Sweden. Refused to join the Euro because they didn't want to give up monopolistic control of their currency. AAA rated. Check.

Norway, refused to use the Euro because of similar reasons. AAA Rated. Check.

Denmark, same story. AAA Rated. Check.

There were some nice advantages to creating the Euro for businesses, but the governments who gave away control of their money supply are largely regretting that decision right now. They have relegated themselves to a similar position as states in the US which holds them to the same debt rules as a household.

Canada, US, the others mentioned above, Japan and a few others have no such constraints on their economy. Even if the US seems to be too dim to realize it.
Don't get so down on the average American schmoe.

We were trained to be ignorant on purpose.

Chas
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  #55  
Old 01-21-2012, 03:51 PM
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Dondilion Dondilion is offline
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Originally Posted by Charles View Post
I'm seeing it in food, fuel, and insurance...the things I need. Things I don't need, like a lousy teevee set, seem to be dropping.

Chas
Yeah I remember when HD flat screen came on the market.
I still have a Sony Trinitron which every member of my household loves.
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  #56  
Old 01-21-2012, 04:04 PM
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Rex E. Rex E. is offline
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I still have a Sony Trinitron which every member of my household loves.
I'd like to have a new fangled tv like that
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  #57  
Old 01-21-2012, 09:30 PM
Charles Charles is offline
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I'd like to have a new fangled tv like that
Still using a Predicta, are ya???

Chas
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  #58  
Old 01-22-2012, 10:03 AM
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Rex E. Rex E. is offline
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Still using a Predicta, are ya???

Chas
Gonna upgrade to a nice console tv soon I hope
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  #59  
Old 01-22-2012, 12:23 PM
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bhunter bhunter is offline
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Originally Posted by Charles View Post
Still using a Predicta, are ya???

Chas
Hey! Those are cool in a Jetsonian sort of way.
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