• warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 2 to gmap_gmap() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.
  • warning: Parameter 1 to tac_lite_node_grants() expected to be a reference, value given in /home/rbezemer/softwarebyrichard.com/includes/module.inc on line 483.

Strength of Canada's economy

Ok, I know it's a coding blog for the most part, but I thought this article was a excellent read on why Canada's economy isn't going down the drain like everyone elses. To me this is exactly how regulation of the banking industry should take place. For those to lazy to read the article (and I warn you it is fairly long) basically the Canadian governments policy is no we are not going to create money our of thin air for you, if you want to give out more loans you need to raise more capital on your own. This was their policy even when the Liberals we in power going back at least 20 years. I am probably the furthest thing from an economist, but to me this makes much more sense than the American version which is, what you don't have enough money well let me make some up for you... Is it any wonder the deficit of our neighbors to the south is skyrocketing out of control. Which one is the socialist nation again?
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