Canada is too socialist for me but they got the banking part right. Our bankers and Wall Street’s investment bankers simply cannot be trusted with large sums of money. Greed takes over and they run wild. Dragging down our economy and being bailed out because they are too big to fail
During the Great Depression there were no failures of Canadian banks
A small handful of banks in the US who WERE being ruined by government policies that encouraged wrecklessness. 'Greed' had nothing to do with it.
Further, no bank is 'too big to fail' (or go into receivership). That is a political decision made by politicians the foolish electorate has chosen.
MOST banks in the US are doing pretty well and it's up to you to keep an eye on your bank and not just put the blinders on.
Yes, you are exactly right.
Americans just elected the great socialist as President and a congress that Stalin could have worked with. They are redistributing the wealth of America and setting in place the bankrupcy of the nation for the next 50 years and going to send corporations fleeing from the US, while working to silence conservatives and fix the next election....and you say Canada is too socialist? Glass houses, dennisw!
See you in the bread line comrade.