Tariffs to End the War?
Donald Trump has warned Russian President Vladamir Putin to end the war effort in Ukraine or face US sanctions. “If we don’t make a ‘deal,’ and soon, I have no [...]
Were There Government Defaults in Canada During the Great Depression?
QUESTION: You always mention how there were defaults and suspension of debt during the Great Depression by states and municipals. Was this also true in Canada?
JRT
ANSWER: Oh, yes. Whenever commodities have collapsed, Alberta finds itself in trouble. Central banks look to the national market and not to the regional sectors.
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