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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: James Hutton who wrote (251098)	6/1/2010 7:42:16 AM
From: RetiredNow	Respond to of 306849

I was just joking around about no one liking Canada here. :) But I posted it to get feedback and it certainly gave me more to think about. I have read that Canadian banks didn't go completely nuts like US banks did over the last decade. One of the Canadian banking leaders said something to the effect of "we like our banks to be boring". I couldn't have said it better myself. I wish our banks were boring. When our leaders fret about the smartest folks leaving Wall Street if we don't allow those ridiculous bonuses paid for with tax payer money, I say let them leave. I don't want smart people on Wall Street thinking up new ways to fleece this country of it's money. I'd rather our banks do what they are supposed to do, help create a frictionless economy with as little risk as possible. Anyway, so that statement from the Canadian banker hooked me. So I've been looking to see if Canada could be a safehaven from the madness in this country.