Buh Bye Canada

[jazz]

So if Canada is the next Venezuala based on the chart you posted what is the US? The next Somalia? After all when you post a US chart the current debt to gdp ratio in US is higher than Canada and projections are for the ratio to continue to climb faster than Canada's

Glad you asked that because I knew it was coming.

The US holds the reserve currency and effectively controls the CB system around the world. Their economy has a low tax burden and has lots of capacity to handle debt more than Canadas.

The two countries are nothing alike.

[dmlfarmer]

Glad you asked that because I knew it was coming.

The US holds the reserve currency and effectively controls the CB system around the world. Their economy has a low tax burden and has lots of capacity to handle debt more than Canadas.

The two countries are nothing alike.

[ATTACH]6672[/ATTACH]

Again misdirection on the part of Jazz. Your charts would mean something if every country's government offered the same services for the tax dollars collected. But they are not even close. All of those at the top of the list offer universal health care to their citizens (including Canada) out of taxes paid and it is one of the biggest government expenditures. Add in the dollars that Americans have to spend on health care premiums/copays/insurance/medical proceedure billing to the taxes they pay and then compare. Because whether the health care dollars come from the government taxes or from private, the money ultimately comes from the citizens pocket. So don't try to fool us with low taxes when the US offers fewer services for those tax dollars. Oh and it is not just health care. Come tuition fees, compare social services etc etc.

As far as being the reserve currency, total red herring. There are at least 5 recognized reserve currencies in the world including the Canadian dollar. The only thing that makes a currency a reserve currency is willingness to conduct world trade in that currency. The US dollar is not guaranteed to be the top reserve currency forever.

[dmlfarmer]

Lol that looks like Al Hores , I mean Gores hockey stick graph . Was the ice not supposed to be all gone by now ? I thought that is what he said , could be wrong .
That chart reminds me of the guaranteed Hilarious Clinton win .... sometimes projections are not nearly what some would like . Kinda like the huge crop predicted, well that went south very fast after combined got rolling in earnest .
Meanwhile back in Canada , will be an interesting next few days .
Harvest resumes for those of us that farm.
Standing canola got dry yesterday afternoon after 1.5 inch rain on Sunday .
Got harrows going again yesterday, until they broke and hopefully get some post harvest weed control done here in next 10 days with this last stretch of warm weather .
Time will tell on everything how things will turn out . Good luck out there fellow farmers .

Nice deflection furrow. For someone who complains frequently about non farming posts and climate change post I find it hilarious that you try to highjack an economic discussion with some dribble about an economic chart looking like a climate change hockey stick graph. Odd how if you can't add facts to a discussion you deflect to something you complain about other people posting.

[flea beetle]

nice deflection furrow. For someone who complains frequently about non farming posts and climate change post i find it hilarious that you try to highjack an economic discussion with some dribble about an economic chart looking like a climate change hockey stick graph. Odd how if you can't add facts to a discussion you deflect to something you complain about other people posting.

whaaaa!

[chuckChuck]

https://www.cihi.ca/en/how-does-canadas-health-spending-compare https://www.cihi.ca/en/how-does-canadas-health-spending-compare

OECD: $5,175 per person; 8.8% of GDP; 73% public/27% private
Canada: $6,448 per person; 10.7% of GDP; 70% public/30% private
United States: $13,722 per person; 16.9% of GDP; 49% public/51% private
France: $6,436 per person; 11.2% of GDP; 83% public/17% private
Germany: $7,760 per person; 11.2% of GDP; 84% public/16% private
Sweden: $7,061 per person; 11.0% of GDP; 84% public/16% private
Netherlands: $6,855 per person; 9.9% of GDP; 82% public/18% private
Australia: $6,488 per person; 9.3% of GDP; 69% public/31% private
New Zealand: $5,085 per person; 9.3% of GDP; 79% public/21% private
United Kingdom: $5,275 per person; 9.8% of GDP; 77% public/23% private


As you can see Canada spends way less on healthcare as a percentage of GDP than the US and has universal coverage while millions of Americans have no insurance, no coverage and poor health care .

The US spends 16.9% of their GDP which sends mega profits to to the thousands of insurance companies and private healthcare providers.

[furrowtickler]

Nice deflection furrow. For someone who complains frequently about non farming posts and climate change post I find it hilarious that you try to highjack an economic discussion with some dribble about an economic chart looking like a climate change hockey stick graph. Odd how if you can't add facts to a discussion you deflect to something you complain about other people posting.

Sorry , but charts like this are dribble ..

[dmlfarmer]

[QUOTE=furrowtickler;466574]Sorry , but charts like this are dribble ..
Then why did you not call out Jazz who started this thread a day earlier with the chart for Canada? It is the same ratio comparison. It gives the same projection.