accounting tricks, everyone is following the greece model.
Jul 19th, 2016 5:32 pm
Jul 19th, 2016 5:36 pm
One more for you perhaps read it when you take you're head out of the sand
Jul 19th, 2016 5:43 pm
Head out of the sand? How about you cite a source that doesn't have a conservative bias?rb wrote: ↑Jul 19th, 2016 5:36 pmOne more for you perhaps read it when you take you're head out of the sand
Ontario's debt will grow to $350 billion in four years, financial watchdog warns
http://business.financialpost.com/news/ ... hdog-warns
Jul 19th, 2016 5:49 pm
Jul 19th, 2016 5:59 pm
Jul 19th, 2016 6:31 pm
Jul 19th, 2016 8:20 pm
Jul 19th, 2016 8:40 pm
"The problem with Socialism is that you eventually run out of other people's money"
Jul 19th, 2016 9:25 pm
So are you now suggesting that Ontario under Wynne is socialist
Jul 19th, 2016 9:28 pm
You need to speak to a financial type for the detailed answer but, in short, I believe that borrowing for capital (i.e infrastructure) projects does not count towards the annual deficits. The carrying costs of the debt *may* but not the debt itself.
Jul 20th, 2016 12:09 am
"you can't borrow yourself out of debt, the same reason you can't drink yourself sober" an interesting quote from this documentary: https://www.youtube.com/watch?v=oohXjJdxxSk
Jul 20th, 2016 12:16 am
call whatever you want, but ontario's credit rating has been going down, greece didn't have a problem until their credit rating downgraded to junk
Jul 20th, 2016 12:24 am
Corporate welfare, subsidies and tax cuts don't create jobs and tax revenue. Instead of blaming the workers blame the real culprit, trickle down economics
Jul 20th, 2016 12:49 am
I think you probably missed the point regarding Greece, and now, you're missing a different point here! I'm trying to understand why you think there is any similarity.
Jul 20th, 2016 1:01 am
Are you serious? You actually watched this and believe it to be true?