Category: disaster capitalism

October 9, 2008

Why Canada Is Safe from the Wave of Financial Disaster

Today, Jim Flaherty disclosed that the Republicans Conservatives will not take any additional action to protect Canadians from the wave of financial distress that is covering the globe. Why are we safe?  Because Canada’s financial environment is more secure than what exists in the US and elsewhere. Why are we safe?  Because privately-held, but government controlled, institutions like the Canadian Deposit Insurance Company (the CDIC) […]