Quebec credit rating surpasses Ontario for first time ever

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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Our debt to GDP is good and we are investing in further growth.

For people who actually care about the economy (which is futile because it's fake anyway), we've never lived better.

I am old enough to remember that he middle class lived better forty-fifty-sixty years ago than they do now. Service sector employment does not generate the same relative personal wealth as good industrial jobs used to do.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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Our debt to GDP is good and we are investing in further growth.



Yeah, it's real good if you're racing to the bottom..... Congrats! You're in 1st place!
 

petros

The Central Scrutinizer
Nov 21, 2008
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Our debt to GDP is good and we are investing in further growth.

For people who actually care about the economy (which is futile because it's fake anyway), we've never lived better.
And with a shitty rating with higher interest the gap widens and widens and widens as you borrow at higher rates in hopes of growth.



Yeah, it's real good if you're racing to the bottom..... Congrats! You're in 1st place!
F-cking tulips.
 

Danbones

Hall of Fame Member
Sep 23, 2015
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Japan has the biggest debt in the world and they are living just fine. Great even.

You are easily fear mongered.
WTF?
japans economy is a prime example of "done"

Why time is running out for Japan’s economy
...a slim upward revision in GDP growth cannot mask the fact that the Bank of Japan’s ‘whatever it takes’ policy is backfiring...Under Kuroda, it has boosted quantitative and qualitative easing with a negative interest rate policy...

...If US Federal Reserve chief Janet Yellen were to do something similar, it would be economic and political suicide... Last summer, the International Monetary Fund finally acknowledged that Abenomics is not working...

...In the next few years, the BOJ could not only own most of the Japanese bond market, but virtually all Japanese stocks; even as Japan’s gross debt will exceed 250 per cent of its GDP. It is a disastrous path.
Why time is running out for Japan


but eventually the bankers will own everything and staff it with robots and you will die...
 
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captain morgan

Hall of Fame Member
Mar 28, 2009
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One of Japan's biggest issues is an ageing population and an immigration policy that is, well, non-existent.

There won't be enough folks in the younger generation to support themselves, the seniors and the children
 

petros

The Central Scrutinizer
Nov 21, 2008
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What on earth would you do with a Canadian Tire brand car stereo?



'08 is generous... I'd figure Flossy more of a late 90's Hyundai Pony kinda girl

They sell Alpine at CT.

An 07 steel block gas pig. My F150 has better mileage and emission.

But I guess you have to pay for luxury.
 

10larry

Electoral Member
Apr 6, 2010
722
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Niagara Falls
Odd that debt is held as ho-hum by some, wynne trims low incomers to the bone while she ships about $10bil off to the 1%. Exercise your imagination and imagine $10 bil infused into education, health care or affordable housing each year n' then tell me again "we don't have to pay anything".
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Vancouver Island
Worst case Ontario.

How bad is ON's credit?

Is pay up front bad?

And the only person who didn't care about it's State Credit rating?

HITLER!!

ANd Two generations of trudOWEs.

It's fine.

We're all enjoying a luxurious lifestyle.

No need to be a jealous Albertan.
That your grandkids will have to pay for.


I would suggest you read the article but your comprehension skills simply are not up to the task.