Posts Tagged ‘Countries’

To Whom Does the Federal Government Owe the National Debt?

Monday, January 25th, 2010


The vast majority of the National Debt is owed to Canadians – those individual Canadians and Canadian financial institutions such as banks, insurance companies, trust companies and pension funds who have bought the government bonds. Many people believe that the National Debt is owed to other countries, so that it represents a claim by foreign creditors on our economy, a claim that could cause Canada to go “bankrupt.” This belief is incorrect, because generally, less than 4 percent of Canada’s National Debt has been owed to foreign creditors.

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To Whom Does the Federal Government Owe the National Debt?

Saturday, September 26th, 2009


The vast majority of the National Debt is owed to Canadians – those individual Canadians and Canadian financial institutions such as banks, insurance companies and pension funds who have bought the government bonds. Many people believe that the National Debt is owed to other countries, so that it represents a claim by foreign creditors on our economy, a claim that could cause Canada to go “bankrupt.” This belief is incorrect, because generally, less than 4 percent of Canada’s National Debt has been owed to foreign creditors.

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  • Buying Our National Debt I got this email from Randy Johnson, author of the best book I've ever read on the topic of real estate mortages. If you own a home or are thinking of ever buying a home, you need to get How...
  • US Debt Breaks $13 Trillion Today the US debt broke the $13 trillion level. Considering that the US GDP or the US economy is $14.2 trillion (according to the World Bank), that makes our debt level just over 91% of the GDP. Greece's debt-to-GDP ratio...
  • Would Warren Buffett's Tax Proposal Make a Dent in the National Deficit? Last week, the Oracle of Omaha, Warren Buffett, wrote an op-ed piece in the New York Times about raising taxes on the 'super-rich.' To start off, here are some amazing statistics about the national deficit: Each citizen's share of the...
  • Flashback: Use a debt consolidation service? Mighty Bargain Hunter hosted Carnival of Debt Reduction #24, and this week's Flashback comes from a post by Blueprint for Financial Prosperity: What Do Debt Consolidation Services Offer? Debt consolidation services are legitimate. They help you to simplify your debt...


Quotas as a Determinant in Foreign Exchange Extraction Conversion Levels

Monday, September 29th, 2008


“Tariff quotas”  are commonly imposed under which a specified volume of foreign goods may be imported at a low rate of duty, while imports in excess of this figure are subject to a higher rate and percentage.  “Mixing quotas”  imposed by some countries require that a certain percentage of home produced goods must always be sold along with imported goods of a similar type.

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 Quotas as a Determinant in Foreign Exchange Extraction Conversion Levels

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