Author Topic: Government Day-to-Day  (Read 13160 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #75 on: December 20, 2019, 12:42:49 pm »

protipDeux: member wilber saying so... doesn't make it so!

Actually it is so.
Gross debt to GDP.   Canada 89.7, UK 80.8, Germany 61.9, EU average 81.9,
Personal debt to GDP.   Canada 100.02, US 77.6, UK 86.35, Germany 52.73, France 58.62, Italy 41.31, Japan 57.04.
"Never trust a man without a single redeeming vice" WSC

Offline waldo

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Re: Government Day-to-Day
« Reply #76 on: December 20, 2019, 12:44:35 pm »
It's sourced.

where? You pose a question... the member wilber responds (unsourced/unsubstantiated) and you thank him for, "his complete picture & contextual framing". So..........

Offline waldo

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Re: Government Day-to-Day
« Reply #77 on: December 20, 2019, 12:46:24 pm »
Actually it is so.

doofus! No one is challenging your gross number - just your focus/usage... and definition of - which you still haven't sourced/substantiated.

Offline wilber

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Re: Government Day-to-Day
« Reply #78 on: December 20, 2019, 12:48:02 pm »
It's sourced.  Net debt and gross debt seems like an apt term for these things.  It's not on Trudeau to account for gross debt, but upon the premiers including the Resistence (LOL) of Ford, Kenny and the other two...

I'm not hanging it all on Trudeau, he is just another politician trying to get elected. We are already consuming renewable resources faster than the planet's ability to replace them, thinking we can just keep growing our economies like it isn't happening is just willful ignorance.
"Never trust a man without a single redeeming vice" WSC

Offline wilber

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Re: Government Day-to-Day
« Reply #79 on: December 20, 2019, 12:50:29 pm »
doofus! No one is challenging your gross number - just your focus/usage... and definition of - which you still haven't sourced/substantiated.

https://tradingeconomics.com/country-list/government-debt-to-gdp
https://en.wikipedia.org/wiki/List_of_countries_by_household_debt

There are other sources if you care to look them up.

"Never trust a man without a single redeeming vice" WSC

Offline waldo

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Re: Government Day-to-Day
« Reply #80 on: December 20, 2019, 12:51:58 pm »
I'm not hanging it all on Trudeau

of course you are/were! You were quite content to run with your emphasis on gross debt... while the entirety of focus/discussion was on the federal government.

you still haven't sourced/substantiated your definition... and how you presume to use it, particularly in a federal context! Still waiting, oh disingenuous one - still waiting!

Offline waldo

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Re: Government Day-to-Day
« Reply #81 on: December 20, 2019, 12:53:58 pm »
https://tradingeconomics.com/country-list/government-debt-to-gdp
https://en.wikipedia.org/wiki/List_of_countries_by_household_debt

There are other sources if you care to look them up.

nice go-fetch drop!  ;D C'mon, don't runaway - quote/source your definition, particularly in the context you intended/were using it.
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Offline waldo

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Re: Government Day-to-Day
« Reply #82 on: December 20, 2019, 01:10:50 pm »
member wilber, dropping a dumb-tag is just you Running Away!

here, let the waldo help you: net debt has financial assets removed, cause... wait for it, wait for it... should the need arise, financial assets could be used to pay back debt.
=> GovtOfCanada financial assets are principally composed of:
- taxes receivable (29%),
- investment in enterprise Crown corporations (26%),
- foreign exchange accounts (26%), and
- cash and/or cash equivalents (10%).

as stated: Canada has the lowest net debt-to-GDP of G7 nations; notwithstanding:



don't be a chicken-little member wilber!  ;D



Offline wilber

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Re: Government Day-to-Day
« Reply #83 on: December 20, 2019, 01:22:39 pm »
No, I'm done with name calling twits. If you can't be civil, just **** off.
"Never trust a man without a single redeeming vice" WSC
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Offline waldo

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Re: Government Day-to-Day
« Reply #84 on: December 21, 2019, 07:20:23 am »
Debt to GDP is bullshit, it has nothing to do with actual financial responsibilities, it is just indicates a capacity to borrow. Donald Trump would be proud of you.

and yet... somehow... you managed a dozen or so sleight-of-hand posts trying to flog your sky-is-falling GROSS DEBT-to-GDP bullshyte. Again:



here, let the waldo help you: net debt has financial assets removed, cause... wait for it, wait for it... should the need arise, financial assets could be used to pay back debt.
=> GovtOfCanada financial assets are principally composed of:
- taxes receivable (29%),
- investment in enterprise Crown corporations (26%),
- foreign exchange accounts (26%), and
- cash and/or cash equivalents (10%).

as stated: Canada has the lowest net debt-to-GDP of G7 nations

Offline waldo

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Re: Government Day-to-Day
« Reply #85 on: January 03, 2020, 12:56:12 pm »
weakAndy and CPC ilk continue to play up their boogeyman... continuing to warn about the coming 'Trudeau-made-in-Canada-recession'! Of course, no actual metrics support their nonsense. Meanwhile along comes the World Economic League Table showing current/projected country rankings for world's strongest economies - showing Canada has regained its top-10 status, ranking as the 10th largest economy in the world in 2018 and 2019... with projections for Canada to overtake both Italy and Brazil to have the world’s 8th-largest economy by 2029:



Quote
One of the persistent themes within the rankings is that countries that are successful in attracting skilled migrants tend to grow faster. And reflecting this, Canada and Australia, which are two of the most successful countries at attracting inward migration, are predicted to rise in the rankings


Offline waldo

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Re: Government Day-to-Day
« Reply #86 on: January 06, 2020, 10:17:37 am »
through an assortment of recent print/media exchanges, Scheer's lil' Hamish has been out-and-about trying to reinvent/revitalize his standing in Conservative circles; a short snippet with an interesting question posed at the end: ..... was lil' Hamish running "an everyman" in an era of celebrity politics? 


Offline waldo

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Re: Government Day-to-Day
« Reply #87 on: January 07, 2020, 11:28:59 am »
it truly is ConMania as PM Trudeau comes back with a 'holiday beard'! PM Trudeau living rent free in their heads!  ;D



Offline wilber

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Re: Government Day-to-Day
« Reply #89 on: January 10, 2020, 09:13:41 am »
"Never trust a man without a single redeeming vice" WSC