I was in Canada the last few weeks and haven’t been posting as much; I even read less US news while I was gone. There was something very relaxing about Canada that has disappeared in the US. Historically, there has been a fascination for all things US in Canada but these attitudes are disappearing. The common questions are more like, “What is happening in America?” “What happened to Obama after the election?” Or, “Why do so many people like Sarah Palin — isn’t she just an idiot?” These questions were asked of me repeatedly. Canadians are very well informed about US politics.
Canada’s economy is doing better than the America’s. They have national health care, more socialistic policies generally and much less poverty. Their cities do not look like Germany at the end of World War II, like the American cities of Detroit, and parts of Los Angeles, New York, etc. In a large city like Toronto there are few signs of poverty and virtually no homeless. Canadian real estate is much stronger than the US, and not a single Canadian Bank failed in the latest economic crisis.
Even TV commercials in Canada offer help to citizens who are struggling during the economic decline. Yet, their struggle seems far less severe than in America. The Canadian dollar is strong against the US dollar, largely because Canada has little national debt. They are not war mongers like America. Canadians are better liked throughout the world than Americans and considerable diversity exists throughout the country. Canada pays much higher taxes and is more capable to distributing wealth throughout the society.
Canada still finds the US interesting and important, mostly because they depend on the US for consuming products that they produce. In fact, much of the world lives on the insatiable appetite of the US consumer — an appetite that has largely been financed on credit, inflated values of houses used as ATM machines, and a big national debt. Canadians realize the US party is coming to an end and wonders what will happen to them as America deals with its cancer.
Canada seems to be doing well, but …
America is Doomed.
Admin, you continue to show how clueless you are to what is going on with America and the world. Canada is doing well because of its booming real estate, where the rich have gotten quite rich while plenty of common folks have no hope whatsoever of buying a home. India and China are doing absolutely great economy wise because of they are home to the MOST ABSURD real estate bubbles in the world. Alas, here in the USA, we practiced real socialism with “homes should be free for everybody” crap, while the rest of the world has thrived with massive real estate appreciation. We in the USA cannot tolerate even the most minor increase in the our real estate prices, while every other country on the planet sees their real estate values doubling every few years. In short, housing is the backbone of every economy. Countries that have realized that are thriving, and the ones that have not, or are intent on self-destructing their real estate, like the socialists in America, will be doomed. Yes, America is doomed.
Yah,but 95% of all canadians live within 200 miles of an American border..
sr. are you saying canada is doing well because of a good real estate market?? That would be silly.Try oil..And lots of it..Canada (Alberta) has one of the largest reserves of bitumen or tar sands..About 1.7 trillion barrels of the shit..Tar sand is about 40% of canadas oil production.
Canada has become the largest supplier of oil and refined products to the u.s.ahead of the saudi’s and the mexican’s..
These jobs are beyond what anyone on this site can imagine..I have been on these jobs and so have many of my u.s. and canadian friends..In Newfoundland it is oil also..I was on a small job there also a mere 4 billion dollar oil platform..It was built in a bay/port and pulled out to sea..oil,oil,oil,oil,…..!!!!
As for your distorted idea of “free homes for everybody”..How do you explain the wealthy homeowners who are losing their houses??sr If you do not have a job it is kinda hard to pay a mortgage..What I believe happened was side betting,gaming laws..Boilerrooms,Bucket shops..Commodity futures modernization act bill which Greenspan endorsed..Basically betting on stocks without owning them..betting against the american dream..
Rarely does a meeting of minds occur. I’m proud to announce that admin’s, lesterfiggler’s, and ductileiron’s minds have molded. I, too, am an admirer of Canada. I lived just south of the border for years in upstate NY. Crossing from Bustedlo to Niagra Falls, Ontario was like going from night to day. The poverty simply disappeared. There were no ghettos, no abandoned neighborhoods. No homeless. No sob stories.
I have traveled the world extensively and when I’m on a train in say, Peru, I quickly make friends with Canadians. Not only do I like them, but I know I won’t be a target of terrorists because the locals mistake me for a Cannuck, eh?
My little sister owns a wonderful house 8 hours north of Sudbury, Ontario. It is only accesible by train (twice/week in summer, once in the winter) and about an additional 10 mile snowmobile ride. No electricity, wood heated sauna, trout creeks everywhere, diversity (some Frenchies from Quebec also live down the road), kerosene lamps, no bugs, NICE!!
They bought the entire property with several acres for $35,000 when the same remote property in Montaimya or Why?oming would have cost millions. No housing bubble up there. Just real value. Banks won’t lend money to buy hyperinflated, speculative shit.
sr: We have tolerated absurd real estate inflation in the AmerfreaKa and now we are paying the piper. Son, You know not of what you speak!!
When I meet Canadians, here, there, or everywhere, they always ask me why we tolerate the horrible conditions of poverty in America. I tell them that AmeriKa thrives from poverty. Half of our economy is based on “poverty service”. We hand out food stamps that are quickly converted into gambling chips, Ho’s, Lottery tickets, drugs, and alcohol. Very depressing place, AmerfreaKa is.
They always say that the problem is easily correctible. I agree, but inform them that the system was designed that way. The Amerfreakan Gubsamunts doesn’t want it corrected. Even if any of it actually gets spent on food, it will cause Diabetes, Obesity, Alzheimers, etc… and that is what makes the wheels of commerce hum.
All of the criminals, infirm people, bankrupt States, casinos in Lost Vaugeness, Injun reservations, etc.. depend on depravity and illness. Kraft Food, Nonsanto, Pfizer, Big Insurance, etc.. depend on poverty to generate higher rates of illness for the only sector of our economy that will employ people. The disease industry is the new AmerFreaKan industry.
I talked, down here JoJa way, to a retired Candian MD and his wife this weekend. They said that when they are in AmerFreaKa, that they alway tell people who the meet that they now live in Ottowa, Canada. AmerFreaKans alway Aksk, “where’s that”? They respond that it is the capitol of Canada. Blank stares, no mas!! I told them to ask Gubsamunt’s Hi! Skrool Edjgeemakated AmerFreakans if they know the capitol of the United States and can they locate it on a map. You fill in that blank!!!!
The only problem that I have with Canada is the weather. I simply can’t stand the cold. I’m a tropical or subtropical person. If Canada were in Rio or Caracas, I wouldn’t be here typing this rant.
AmerFreaKa is unsalvagable. Make your escape plans now, before Martial Law.
Molding of minds seldom occurs in this retarded country..Just look around us..I have a good story (at least I think so) about how much I love canada and the people who live in the great country..
I was working there (canada) in 2005 on a huge job with about 2000 other skilled tradesmen..I was far away from home without my 35′ trailor and needed a place to stay..I asked around on the job where to stay and a candian tradesman showed me a handwritten flyer nailed to the toolcrib..It was a number and a room for rent for real cheap..I called at that moment,met the single 80 year old woman that night and was staying in her spare bedroom the next night..
Now mind you I look scary,I am huge,and I am usally pissed off but this little canadian woman didn’t care nor asked for any identifcation,background check,of any kind nothing!..She just new I worked hard and needed a good nights rest for a few months..This woman had 3 other tradesmen staying in other rooms in her home..She did our laundry and offerd to cook now and again if we wanted..
My point is this would never, ever, happen in america..It seems nobody trusts nobody in this country anymore..Especially when the people fear the government so strongly here..Quite sad..
Agreed Ductile. I knew with a screenname like ductile iron that you were probably a strong, large feller. My little sister loves her house in Canada. She says that the people “take care of things (watch over the place) when she isn’t there. They have never had an incident (burglary, etc..)
And yes, the Sheeple in AmerfreaKa do fear their Gubsamunts, and with good reason. Just not enough of them yet. Too many are still enfatuated with Jerry Springer reruns and the massive dimensions of Kim K’s Glutes. Maybe it’s all of the artificial sweeteners, colorings, flavorings, and preservatives that they consume in their daily doses of canned death, like Croaka Cola.
As you know lesterfiggler, canada’s gun laws are a bit strict.Guess we would have to frequent those hardware store’s like in previous posts..Even the news and radio in canada is better than it is here..
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Sr,
I don’t know what planet you live on, but no Canada has experienced a bubble of their own that is now rapidly deflating. Prices in Vancouver,Calgary etc have dumped over -30%. Canada is simply in the earlier stages of their bubble collapsing, while America is a little further along.
As far as China, the rabid inflation there has been due to state intervention, and its set to explode as well; and when it does it will be hellaciously nasty. Want proof-check out Tsinghua University’s fundamentals analysis, and take note of the parallels to the US metrics prior to our collapse. Can you spell-UNSUSTAINABLE?
With regard to the rest of the world (ROW) doing well because of real estate inflation, you are misinformed. Look at the Eurozone, they had worse bubbles than we did in many countries and are now paying the price. Want proof-go look up global housing bubble inflation stats and then go check the various country specific sites that track housing to see the downward trending from the peak.Whoops you would be wrong again…
I am going to guess Sr that you are not college educated, and certainly dont have an MBA or any background in finance and economics. Point being, anything that goes up so much faster than real income will always fall back inline as is happening in the western nations. China may be a slightly different matter as to precisely how the prices escalated so radically, but the end result will be the same, as the metrics are all flashing red for PRICE DEFLATION.
Lloyd, I agree that we are in a deflationary downward spiral. But Canada is a bit different. I didn’t crunch the numbers like you did but Canada is a bit unique as compared to other countries. Here’s why.
Canada confiscates a large portion of peoples’ money to pay for their single payer system of healthcare. Therefore, the people don’t have as much slush money circulating with which to speculate. Houseing prices in Canada never rose in real terms to the absurd levels that they did in the US. “Flippers” weren’t doubling their investments in under one year.
Also, Canada only has something like 36 million people. New Yawk state has 26 million. That should tell you alot.
Canada is a vast, resource rich country, and an export country. Wheat, Canola, oil, coal, oilshale alternatives, iron ore, gold, silver, and on and on. Also fish, lobsters, king crab, snow crab, timber. And Canada has a manufacturing base. They make shit and export it, not import it. They are a bit like a North AmeriKan China.
Canada has a small debt that is under control. Canada can pay it’s bills. Canada doesn’t have states (provinces) that are shutting down because they are broke. Canada doesn’t have cities like East St. Louis and Detroilet that are being bull dozed into oblivion. (http://www.stltoday.com/news/local/illinois/article_dfb23oc2-9bf3-11df-9731-0017a78c22.html) hope that one opens. Maybe this one will.(http://wwwtopix.net/forum/source/fox2now/TM3KRJEBBVB9PU558).
If housing prices fall in Canada, it is not the end of the world. They are a nearly self sufficient country and don’t have alot of mouths to feed. They have no AmeriKan style ghettos (I’ve been there alot), no large populations of foreign invaders, very low crime as comared to the US, a population who has access to healthcare, minimum livable wages, paid vacations of 6 weeks for all workers, and more to boot.
Like I said, I didn’t crunch specific numbers but I don’t think that I have to. If their housing sector takes a lump, they don’t have to fire all of their police nor their firemen. They have assets and resources that haven’t been mortgaged to the hilt. They can employ them and manage their problem.
Like I said before. My little sister lives in upper Ontario about 6 months of the year and if it didn’t snow, she would live there year round. Look at the overall picture, not just a few housing numbers. Canada is Mecca compared to East St. Loseus, Killadelphia, ‘Cleave’land, Detroilet, Shitcago.
From now on, like I refer to God as Gosh or Golly, I will now refer to Canada as Mecca.
I agree with Ductileiron on one thing. Canadians are ambivilent about their guns. They both love and hate them. If they are Torontoites or Vancouverites, they hate them. That is because of their low crime rates. If they live in the wilderness, they love them. That is because the like to eat moose.
I will now refer to all firearms in Canada as “post partum abortion aparatus”. If you live in the shithole of East St. Louis, you had best hope that you own a few and have lots of bullets to feed them with. At a point, Admin will need to heavily arm himself. But it will be too late.
AmeriKa is fucked.
Admin: don’t moderte me. I’m not that bad!!! If you moderate me(new speak for censor) then I won’t be able to post anywhere. Without you, the internet will be 100% useless to me.
Anything with a link requires approval because of spammers. I don’t moderate any comments. If I let links automatically be published commentsbwould be overwhelmed with spam. Hundreds of them pre day.