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Monthly Archives: October 2012
The elephant in the room on US tax receipts
What level of defense spending does the US want to continue? What level of entitlements does it intend to fund? These are hotly debated questions on the right and left. But here is the final arbiter for individuals and governments: … Continue reading
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Canadian economy contracts, loonie loses lift
The Canadian economy “unexpectedly” shrank by 0.1 percent in August, pointing to slower growth in the third quarter than in the first half of the year and supporting a Bank of Canada message that interest rate hikes are not imminent– … Continue reading
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