2 ms·
Vancouver had a big housing bubble, and now their sales have plummeted, so I would imagine the state government might struggle a little bit. http://globaleconom
by startuprules 16y ago
Vancouver had a big housing bubble, and now their sales have plummeted, so I would imagine the state government might struggle a little bit.
http://globaleconomicanalysis.blogspot.com/2010/07/vancouver-home-sales-drop-30-percent.html http://globaleconomicanalysis.blogspot.com/2010/07/vancouver...
However, overall Canada is in good shape financially compared to the other G20. Not alot of public/external debts. Here are the stats, as well as the other countries mentioned in the thread
Canada - 833 Billions external, 75.% GDP public
US - 13 Trillions external, 52.9% GDP public (~70T owed in social security/medicare uncounted)
England - 9 Trillions external, 60% GDP public
France - 5 Trillions external, 77% GDP public
Germany - 5 Trillions external, 72% GDP public
Israel - 84 Billions external, 78% GDP public
Netherlands - 3 Trillions external, 62% GDP public
Chile - 60 Billions external, 6.0%!! GDP public
Poland - 201 Billions external, 46.5% GDP public
Singapore - 19 Billions external, 113% GDP public
China - 340 Billions external, 16.5% GDP public
India - 223 Billions external, 58% GDP public
http://en.wikipedia.org/wiki/List_of_countries_by_external_debt http://en.wikipedia.org/wiki/List_of_countries_by_external_d...
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html https://www.cia.gov/library/publications/the-world-factbook/...