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I think the conservatism of Canada is overstated and in fact Canada is one of the most leveraged countries in the world.
by faeriechangling 3y ago
I think the conservatism of Canada is overstated and in fact Canada is one of the most leveraged countries in the world.
- cbsmith 3y agoThe "conservatism" is of the banks, not the country. The Canadian government is quite leveraged. But as leveraged as Canada is, Canada is well below the average for debt-to-GDP ratio of the G7 (admittedly skewed by Japan's monster debt, but still well below US debt). https://www.visualcapitalist.com/government-debt-by-country-advanced-economies/ https://www.visualcapitalist.com/government-debt-by-country-...