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Quebec among most highly indebted industrial ec

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Quebec among most highly indebted industrial economies in the world


Misc CDN | 206810 hits | Feb 27 5:16 pm | Posted by: snookums
13 Comment

An analysis by the Quebec Ministry of Finance suggests the province has one of the most heavily indebted economies in the industrialized world.

Comments

  1. by avatar Bacardi4206
    Sun Feb 28, 2010 1:49 am
    and it will be the other provinces footing the bill for this. So when are they seperating already?

  2. by avatar Brenda
    Sun Feb 28, 2010 2:25 am
    How can a province call itself an "industrial economy of the world", regardless of its state?

  3. by avatar ShepherdsDog
    Sun Feb 28, 2010 2:31 am
    Lucien obviously read this report and knew that if the separats won, Quebec would become Haiti North.

  4. by avatar Annihilator
    Sun Feb 28, 2010 3:53 am
    Quebec separation would turn the province in a communist third world country, without the shadow of a doubt. But for most separatists, worrying about the economy is only for greedy capitalists monsters that only want to make profit, so they probably don't care about it, not even that is a good enough reason to stop hating the ROC.

  5. by avatar Arctic_Menace
    Sun Feb 28, 2010 4:09 am
    I wonder what Alexandre and Joebine have to say about this and seperation... :lol:

  6. by avatar ShepherdsDog
    Sun Feb 28, 2010 4:36 am
    "Arctic_Menace" said
    I wonder what Alexandre and Joebine have to say about this and seperation... :lol:


    Fock you Anglais!! You make up lie about Quebec and Quebecois. It your faults.

  7. by avatar Annihilator
    Sun Feb 28, 2010 5:25 am
    "ShepherdsDog" said
    I wonder what Alexandre and Joebine have to say about this and seperation... :lol:


    Fock you Anglais!! You make up lie about Quebec and Quebecois. It your faults.


    Pretty accurate description.

  8. by avatar Arctic_Menace
    Sun Feb 28, 2010 5:58 am
    "ShepherdsDog" said
    I wonder what Alexandre and Joebine have to say about this and seperation... :lol:


    Fock you Anglais!! You make up lie about Quebec and Quebecois. It your faults.

    Man, fuck you. I read that and laughed so hard that the baby I am baby-sitting woke up. Fuck you man. :lol:

  9. by avatar kenmore
    Sun Feb 28, 2010 1:37 pm
    Let the rants begin!

  10. by avatar canuckns
    Sun Feb 28, 2010 2:09 pm
    "ShepherdsDog" said
    I wonder what Alexandre and Joebine have to say about this and seperation... :lol:


    Fock you Anglais!! You make up lie about Quebec and Quebecois. It your faults.

    That was fracking hilarious.

    So when do we kick them out with their debt.

  11. by avatar CommanderSock
    Sun Feb 28, 2010 2:16 pm
    Quebec is a beautiful province with some serious issues.

    That being said, Haiti of the north tag is a bit too harsh on them.

    More likely a European welfare state that relies on its bigger brothers to cushion its inflated standards of living. Relative to its industrial and service output that is.

    Think both Greece and Italy.

  12. by avatar martin14
    Sun Feb 28, 2010 2:20 pm
    "CommanderSock" said
    Quebec is a beautiful province with some serious issues.

    That being said, Haiti of the north tag is a bit too harsh on them.

    More likely a European welfare state that relies on its bigger brothers to cushion its inflated standards of living. Relative to its industrial and service output that is.

    Think both Greece and Italy.



    A country that flat out lied to get use of the Euro... hint hint

    Another country that has criminals as MPs, and changes
    governments like we change our socks.



    Not bad, Sock, not bad.. :)

  13. by avatar CommanderSock
    Sun Feb 28, 2010 2:25 pm
    "martin14" said
    Quebec is a beautiful province with some serious issues.

    That being said, Haiti of the north tag is a bit too harsh on them.

    More likely a European welfare state that relies on its bigger brothers to cushion its inflated standards of living. Relative to its industrial and service output that is.

    Think both Greece and Italy.



    A country that flat out lied to get use of the Euro... hint hint

    Another country that has criminals as MPs, and changes
    governments like we change our socks.



    Not bad, Sock, not bad.. :)

    Satirical or not, its not far from the truth of the state of Quebec.

    If left to their own vices its exactly how they will end up...and quite frankly Quebec is already there. We know that corruption at the municipal level is quite an issue now. We all know about the Mafia and the city of Montreal.

    Nevertheless Quebec will always have lofty standards of living, just like Italy and Greece.

    Until one day some fund accountant at Goldman Sachs crunches some numbers and realizes that it's no longer worth investing in. When credit dries up, there will be strikes and public marches. Cars will get torched and overturned and so on.

    Canada, or the US (ahem Germany) will do some backdeals, some debt relief and offer some more cheap credit to keep the scheme going for another 30 years until it repeats.



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  • wildrosegirl Sat Feb 27, 2010 5:20 pm
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