Despite what is commonly understood, the Canadian banking system is as strong and resilient as most people might assume. According to the World Economic Forum, Canada is ranked #1 in the world for “the most sound banking system in the world”. I am not sure what world they live in, though. The Canadian banking system is no […]
Tag Archive | "Bank Bailouts"
Canadian Banking System Exposed
Posted on 12 December 2012.
Posted in Economic CrisisComments (1,078)
Bank Bailouts Favour Malinvestments
Posted on 16 June 2012.
In our modern economic age of fractional reserve banking, bank bailouts are occurring at a global level, albeit with predominant frequency in Europe and the Unites States. The ideology that a bank can be bailed out and suffer little to no consequences is a fallacy which only undermines the general economy as a whole. There […]
Posted in Economic Crisis, Gold and Silver, US Dollar CollapseComments (515)
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