aebadb78   
   XPost: misc.taxes, can.politics   
   From: Canuck57@nospam.com   
      
   On 18/03/2010 7:28 PM, Joe wrote:   
   >>>> And i suspect you will see more of it.  Ontario is broke, trying to   
   >>>> borrow money in a big way but few are lending to Ontario.  Saw another   
   >>>> re-opening the other day.   
   >>   
   >>> Store re opening?   
   >>   
   >> Nope, debt-bond re-opening.  Happens when it wasn't filled the last time   
   >> it was open to lenders.   
   >   
   > That was my attempt at humour.  What are the figures on how often this   
   > occurs and for what governments?   
      
   Ontario is the worst, seems to re-open in a continuing basis.  But have   
   seen Quebec, BC and Vancouver do the same.  All of which are known to be   
   running low on cash with expanding debt/deficits.   
      
   News says money is flowing in, but it is hype and BS.  The reason it is   
   moving in is to escape the Euro hit that is coming with UK, Spain and   
   Greece.  Greece is sure to be hitting up the IMF.  Bunch of socialist   
   wankers want to welsh on the debt...  IMF will more or less shut down   
   big fat greecy (pun) government to bone basics and get them back on track.   
      
   But Japan is floating on a bubble too...might wake up one morning and   
   pow, banks, world and soverign banks fail.  Currencies will get some   
   wild swings as will the markets.   
      
   Massive debt government are teatering on a knife edge with   
   hyper-stageflation (>25%/yr) on one edge and massive   
   mega-recession/depression on the other.  It is realy only a mater of   
   time now because the debt is now too big for Germany, Japan, US, UK,   
   Canada, Greece, Spain and others.  Even though one might think Canada is   
   in good shape, it is well hidden fact that governemnt revenues are big   
   time down.  They couldn't balance budgest in Canada now without a   
   massive 50% reduction in provincial and federal government.  And we are   
   in good shape.   
      
   Currency collapse is ineviable, and what a better thing to own than oil,   
   gold, potash or evena  clump of trees.  just so long as it is going to   
   be required on the other side of this and isn't fiat ponzi money.   
   --   
   --------------   
   Politicians don't provide anything, the tax payers do.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)