Bridge - 10/25/03
Mansfield I - 6/28/08
Eddie NYC - 8/4/08
Seattle - 9/21/09, 9/22/09
Salt Lake City 9/28/09
LA 9/30/09, 10/07/09
San Diego 10/9/09
Alpine Valley 9/03/11, 9/04/11
Ashbury Park 9/18/21
LA 5/06/21, 5/07/21
Phoenix 05/09/22
NYC 9/11/22
Denver 9/22/22
Ashbury Park 9/18/21
LA 5/06/21, 5/07/21
Phoenix 05/09/22
NYC 9/11/22
Denver 9/22/22
Comments
so quick to knock America and praise Canada eh? maybe get for facts straight. Canada is in the shithole as much as any other nation.
http://www.cbc.ca/consumer/story/2009/0 ... bt854.html
Household debt in absolute terms climbed to a record-breaking $1.3 trillion in 2008, according to a report released by the Certified General Accountants Association of Canada.
Unemployment is 8.5%, worst in 11 years.
http://www.statcan.gc.ca/subjects-sujet ... pa-eng.htm
yea, trucking along just fine. but your banking system has been resilient mostly because of ridiculously high regulation and control by the government.
Well...
Canada's population: 33 million, 1.3 trillion in debt.
America: 300 million, 13 trillion in debt.
They're in proportion, that's for sure. The unemployment rates are the same. I think the difference is THE MASS HYSTERIA THE MEDIA CREATES HERE in regards to this economic crisis. I'm sure things aren't as batshit crazy over this whole mess in Canada.
Just my guess though
I agree...the media is probably way nuttier here then Canada but I really wouldnt know since I dont have access to it.
honestly ... you must come on here and just look for tiniest things to get you going ...
are you denying the US has suffered greatly from overextended and unpaid loans? ... gripes ...
and if you read the article you posted - you will see that 79% said that debt is manageable and is related to inflation and general day to day living costs ...
from: http://www.bizymoms.ca/business/canadian-economy.html
i'm not saying it's great but we're managing here ...
I just find it funny how quick you are to bash America and praise Canada without having your facts straight.
I didnt say anything about America. I thought we were talking about Canada?
are you really this ignorant? Canada is not doing just fine or managing. unemployment is at 11 year highs and debt is at record levels. turn off your bias and open your eyes.
btw, did you know the report also said this....
"The report also said many Canadians have an unrealistic perspective on their own financial situation -- believing it to be better than it is."
hmmmm sounds like someone I know
go and read any world economic study on Canada - it should go without stating that every country has suffered from this global economic crisis - my comments are relative to the situation the world finds itself in ...
I'm not talking about your posts in this thread. I'm talking about your track record on this board of bashing America every chance you get. but it very predictable that you would say "not as bad here as we didn't have the personal debt issues americans have" which is absolutely false. and I did correct you. Canada debt is at RECORD levels and like Vinny pointed out, just as bad as America proportionately.
I read economic studies for a living. you comments are NOT relative to the situation. Canada is hurting just as bad as any other country. you seem to be downplaying that fact because of your ignorance to the situation at hand and your bias towards Canada being better the everyone else.
yeah jlew, i am sure your last sentence is the only reason :roll: . why do you have to automatically assume bias and say people bash america? i am american and i did not interpret anything he said as bashing america. maybe, god forbid, he was speaking of his own personal situation??
"Well, you tell him that I don't talk to suckas."
his post didnt stink of Canada>America? saying Canada "doesnt have the personal debt problems as America" and Canada is "managing just fine"....besides, it just fits a constant slant he has had for years on this board. ask him, he'll tell ya. he believes America is an extremeist nation and most of the worlds problems are our fault. and Canada "is just fine"
all I've done is educate him that Canada is NOT fine right now. their personal debt is the highest its ever been and unemployment is higher then its been in 11 years
maybe he has a job...great. that means Canada is managing just fine eh? tell that to the millions out of work.
http://www.canadianeconomy.gc.ca/english/economy/
Business as usual for Jlew.
You are probably right... our freakin' media talks for hours and days and weeks straight about how bad our economy is, and how fucked we are.... over and over and over again... of course people watching that and hearing that over and over again will have more pessimistic views of our economy.
was like a picture
of a sunny day
“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
― Abraham Lincoln
Boy doesn't that sound awful
well going on straight statistics, the media is not lying in the hype of this recession. its bad, no question. but its good there are people like Larry Kudlow and Michelle Caberra who is usually are the complete opposite of what the mainstrain media says
for banking, maybe. but its hard to say where to draw the line on regulation and government control. when is it too much or not enough :?: I really really really hope we figure that out based on the shitstorm that just happened.
this is your problem - you even just admited ... you come on here and already you read things without objectivity - seriously, i humbly suggest you ignore me because essentially that is what you are doing anyways ... nothing i say ever gets thru to you because you simply can't comprehend what it is i'm saying - you have your back so far up all you see bashing ...
how can you say my comments are NOT relative to the situation? ... who are you to say the context of my posts? ... i'm assuming everyone knows we're in a global economic crisis ... i even wrote in my original post that our manufacturing got hit hard ...
anyways - i never said canada is better than anyone else EVER ... i know that because i don't believe it ... again - if you come on this board with your personal prejudices - you're wasting your time because you won't learn anything or get anything out of all this ...
well at the very least, I educated you on your false assumption that Canadians don't have as much personal debt problems as Americans.....and that Canada is not "managing just fine"
if you have any other questions about the state of the Canadian, US, or World economies let me know, I'll be happy to help
I think generally that debt is a bad thing, and a particularly bad thing to have as the backbone of your economy. Since banks essentially build their profits on debt, I say too much regulation is far preferable to too little.
(Just trying to lighten the mood kids
debt is not always a bad thing. do you expect people to buy homes in cash? or a business to expand based solely on money from profits?
debt is a very useful financial instrument when used correctly.
No, but I think if you're going to err, it's wiser to err on the side of only buying stuff you have the money to buy rather than getting loans that everyone knows you'll never be able to pay off. What shocks me is that I honestly think many in the financial industry bought so heavily into this "debt is a good thing" philosophy that they were truly surprised when the house of cards collapsed. You could explain what was going on to a 5-year old and they'd say "that seems like a bad idea."
Prohibiting banks from loaning money they don't have doesn't mean nobody will be able to get a home or business loan.
I agree....give people an inch they take 10 feet. I'm all for regulation as well. but debt really is a good thing. I just really hope some lessons where learned this time around
“The wealth shock has been smaller in Canada than in the United States,” the agency said. “As a percentage of personal disposable income, household net worth has fallen faster in the United States than in Canada since the third quarter of 2007.”
now you want to talk about "wealth shock" ? so you give up on personal debt and unemployment not being a problem in Canada? ok cool.
but nice job furthering your Canada > America agenda. or am I missing the point of you posting this?
those wiley canadians!!!!!
what are you but my reflection? who am i to judge or strike you down?
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank." - Barack Obama
when you told me 'if you can't beat 'em, join 'em'
i was thinkin 'death before dishonor'
Yes, and what makes it worse is that our economy is admittedly a house of cards-- and that confidence, and only confidence in our currency is the only thing backing it. With that in mind, the worst possible thing that the media could do is tell everyone that entire economy is going down the tubes... Well, maybe it really isn't? Maybe it's just a few of the larger corporations who decided to deal in too much credit and make bad investments that have gotten burned... Except it's "news" when it happens to them-- a big sensational story, too. All that does is cause panic, and creates a wave effect all the way down to small businesses, who start cutting back out of fear. This is when layoffs happen, people start slashing prices and working for nothing-- the deflation before the inevitable inflation once trillions flood the market in the form of "stimulus."
I stay far away from TV and the internet on the weekends when I can. I go outside, breathe in the air, buy stuff as locally as possible, and everything seems to be just fine. As a matter of fact, life is great when you stay away from the propaganda and the sensationalism. Here's a new stimulus plan we can all follow: turn off your TV, buy locally, and pay cash.
damn....300 million of us. no wonder we can never agree on anything.
i truly enjoyed the ALL CAPS for the mass hysteria.....well played.
Let's just breathe...
I am myself like you somehow
One good part about it is that I can't wait for my tax dollars to reap the reward of GM when they start making money again. Boy, owning a piece of that company should help my portfolio in the long run.
I would say that our economy is much like everybody elses who is in trouble. You work and make money, nothing to really worry about. You don't have a job or just got laid off and you have a heap of credit, well you are in a tad of trouble. Everywhere I look as I drive to work there are "for sale" signs on houses, "sold" signs on houses and new houses being built. That says something about how it is up here. To say that most are feeling it would be an understatement in my eyes.
Having regulated banks kind of helps the situation. How can people stand by idly while their tax dollars are bailing out financial institutions is a bit of a joke. Especially when the top dogs are still getting bonuses while people are losing their houses and the banks still aren't lending. Strange indeed.
The poison from the poison stream caught up to you ELEVEN years ago and you floated out of here. Sept. 14, 08