Category Archives: Canada

Exchange rate movements and exports

There was an article a few weeks ago purporting to show that public deficit expansion (increased net public spending) has never worked. I won’t link to the article because I would not want the magazine to get any advertising revenue … Read the rest of this entry »

Posted in Canada, Economics, Eurozone | 16 Comments

Friday Lay Day – Canadian central bank governor bucks the mainstream Groupthink

It’s Friday again, my blog Lay Day, which means I fast track the blog entry in favour of other writing tasks. But one thing that is worth noting today (and I’m sort of catching up on recent events in my … Read the rest of this entry »

Posted in Canada, Friday | 29 Comments

The tale of two nations – democracy dies in Portugal and lives in Canada

The tale of two nations – two monetary systems – two continents – Canada and Portugal. It is reasonable to assume that when voters in so-called free democracies elect members to their parliaments who then freely coalesce across ‘party’ lines … Read the rest of this entry »

Posted in Canada, Eurozone, Politics | 13 Comments

Canada – by hook or by crook there will fiscal deficits

The December 2014 – Financial System Review – published by the Bank of Canada presents some chilling data, which tells me that the Canadian government’s embrace of neo-liberal orthodoxy is taking the nation down a dangerous path. The Review was … Read the rest of this entry »

Posted in Canada | 11 Comments