Comments on: The American Recession as Explained by a Canadian http://www.cracked.com/blog/american-recession-explained-canadian/ The CRACKED.com take on the world, in America's oldest weblog, since 1958. Sun, 08 Nov 2009 13:27:17 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Funny http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102720 Funny Tue, 04 Aug 2009 23:02:57 +0000 http://www.cracked.com/blog/?p=5463#comment-102720 You are quite correct that we (Canada) are reliant on you (USA) buying our resources, fortunately that is starting to change as we have increasingly been looking to China and Europe as buyers. Interesting FACTS: "As of 2008, Canada’s total government debt burden is the lowest in the G8." - "...the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians. However, Canada is unusual among developed countries in the importance of the primary sector, with the logging and oil industries being two of Canada's most important." - "Canada is one of the few developed nations that are net exporters of energy." - "Atlantic Canada has vast offshore deposits of natural gas and large oil and gas resources are centred in Alberta. The immense Athabasca Oil Sands give Canada the world's second-largest oil reserves, behind Saudi Arabia. In Quebec, British Columbia, Newfoundland & Labrador, New Brunswick, Ontario, Manitoba, and Yukon, hydroelectricity is a cheap and clean source of renewable energy." - "Canada is one of the world's most important suppliers of agricultural products, with the Canadian Prairies one of the most important suppliers of wheat, canola, and other grains. Canada is the world's largest producer of zinc and uranium and a world leader in many other natural resources such as gold, nickel, aluminium, and lead" - Seems to me we need to find new buyers for our immense material wealth... You are quite correct that we (Canada) are reliant on you (USA) buying our resources, fortunately that is starting to change as we have increasingly been looking to China and Europe as buyers. Interesting FACTS: “As of 2008, Canada’s total government debt burden is the lowest in the G8.” - “…the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians. However, Canada is unusual among developed countries in the importance of the primary sector, with the logging and oil industries being two of Canada’s most important.” - “Canada is one of the few developed nations that are net exporters of energy.” - “Atlantic Canada has vast offshore deposits of natural gas and large oil and gas resources are centred in Alberta. The immense Athabasca Oil Sands give Canada the world’s second-largest oil reserves, behind Saudi Arabia. In Quebec, British Columbia, Newfoundland & Labrador, New Brunswick, Ontario, Manitoba, and Yukon, hydroelectricity is a cheap and clean source of renewable energy.” - “Canada is one of the world’s most important suppliers of agricultural products, with the Canadian Prairies one of the most important suppliers of wheat, canola, and other grains. Canada is the world’s largest producer of zinc and uranium and a world leader in many other natural resources such as gold, nickel, aluminium, and lead” - Seems to me we need to find new buyers for our immense material wealth…

]]> By: Speedstreamer http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102718 Speedstreamer Tue, 04 Aug 2009 22:56:09 +0000 http://www.cracked.com/blog/?p=5463#comment-102718 Canada is taking the recession much better than the US. Canada is taking the recession much better than the US.

]]> By: efii82 http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102432 efii82 Tue, 04 Aug 2009 10:36:59 +0000 http://www.cracked.com/blog/?p=5463#comment-102432 kinda like the stuff we get from the northwest, midwest, and alaska? also do you really belive that the u.s. is more reliant on canada than vise versa?? kinda like the stuff we get from the northwest, midwest, and alaska? also do you really belive that the u.s. is more reliant on canada than vise versa??

]]> By: Funny http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102426 Funny Tue, 04 Aug 2009 08:18:06 +0000 http://www.cracked.com/blog/?p=5463#comment-102426 Good article, unfortunately the previous comment is completely wrong. Found that to be the funniest thing here. Kent, remember what you said here next time you realize that you are completely dependent on Canada's: Natural Gas, oil, uranium, timber and fresh water... Jeeze. Good article, unfortunately the previous comment is completely wrong. Found that to be the funniest thing here. Kent, remember what you said here next time you realize that you are completely dependent on Canada’s: Natural Gas, oil, uranium, timber and fresh water… Jeeze.

]]> By: Kent http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102334 Kent Mon, 03 Aug 2009 08:57:50 +0000 http://www.cracked.com/blog/?p=5463#comment-102334 Funny a Canadian making snide remarks about the US economy when Canada's economy depends entirely on the US. Canada is like a leech... Canadians have focused so much of their attention on the US that they've managed to delude themselves into thinking they are better off... despite the fact that Canada's GDP has declined at a faster rate than the US GDP since the recession began. The US recession hurt Canada more than it hurt the US itself. Funny a Canadian making snide remarks about the US economy when Canada’s economy depends entirely on the US. Canada is like a leech…

Canadians have focused so much of their attention on the US that they’ve managed to delude themselves into thinking they are better off… despite the fact that Canada’s GDP has declined at a faster rate than the US GDP since the recession began.

The US recession hurt Canada more than it hurt the US itself.

]]> By: Ange http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102320 Ange Mon, 03 Aug 2009 04:01:16 +0000 http://www.cracked.com/blog/?p=5463#comment-102320 I love Canadian humour which can easily turn the most serious of mis-adventures into laugh out loud, hold your sides funny and be able to include an "ick" factor, for example " ... a country full of cramped wrists and awkward silences". PS I agree, the American sure do make good donuts. PSS Humour is spelled correctly. I love Canadian humour which can easily turn the most serious of mis-adventures into laugh out loud, hold your sides funny and be able to include an “ick” factor, for example ” … a country full of cramped wrists and awkward silences”.

PS I agree, the American sure do make good donuts.
PSS Humour is spelled correctly.

]]> By: Billy-Joe Smith http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102306 Billy-Joe Smith Sun, 02 Aug 2009 23:56:51 +0000 http://www.cracked.com/blog/?p=5463#comment-102306 What's important is that we remember that a permanently expanding economy is not only dangerous, it's literally impossible. The laws of physics (specifically the 2nd law of Thermodynamics) like entropy will gladly bare their fangs when the bubble gets too big. What we need is an efficient, regionally-based economy that does not merely spend money without limits, but rather only to the extent they're capable. I mean, think of the multiple examples of past governments that got too big and collapsed under their own weight. The economy is similar in that regard. Massive multinational corporations simply can't crush small businesses any more- they'll fall apart themselves. What’s important is that we remember that a permanently expanding economy is not only dangerous, it’s literally impossible. The laws of physics (specifically the 2nd law of Thermodynamics) like entropy will gladly bare their fangs when the bubble gets too big. What we need is an efficient, regionally-based economy that does not merely spend money without limits, but rather only to the extent they’re capable. I mean, think of the multiple examples of past governments that got too big and collapsed under their own weight. The economy is similar in that regard. Massive multinational corporations simply can’t crush small businesses any more- they’ll fall apart themselves.

]]> By: Turophiliac http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-102302 Turophiliac Sun, 02 Aug 2009 23:30:44 +0000 http://www.cracked.com/blog/?p=5463#comment-102302 Honestly Glinda, im smelling Communist, not Canadian from your comment. And if you are an American, yous hould know this right now: the government we have, and any other in world history for that matter, traditionally screw the populace. Its a cherished way of running things (Gov Person 1: "Hey, we need more money. what should we do?" Gove Person 2: "lets just screw the taxpayers over again!" *both laugh*) Honestly Glinda, im smelling Communist, not Canadian from your comment. And if you are an American, yous hould know this right now: the government we have, and any other in world history for that matter, traditionally screw the populace. Its a cherished way of running things (Gov Person 1: “Hey, we need more money. what should we do?” Gove Person 2: “lets just screw the taxpayers over again!” *both laugh*)

]]> By: visit http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-87793 visit Wed, 20 May 2009 14:53:43 +0000 http://www.cracked.com/blog/?p=5463#comment-87793 This is one super duper site This is one super duper site

]]> By: Jessica http://www.cracked.com/blog/american-recession-explained-canadian/comment-page-4/#comment-83056 Jessica Wed, 29 Apr 2009 17:51:54 +0000 http://www.cracked.com/blog/?p=5463#comment-83056 thank you, very helpful post! thank you, very helpful post!

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