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Canada's Banks: Accidentally not in Crisis Yet

Hahahaha! From Rick Mercer The National Post agrees : Canadian banks – saved from stomping around as monoliths on a world stage backed by Canadian taxpayers -- are the least ugly in what can only be called a reverse beauty contest among banks. You know how we used to laugh at the guy who keeps all his cash in a big old sock, or the woman who has all her savings under her mattress? Well, the risk-averse look pretty smart right about now . Phew! Thanks goodness the regulators saved the banks from themselves.

Sharing Work and Food - Imagine That

Here's an article by Wayne Roberts of the Toronto Food Policy Council , quoted in full because I don't know how to link to it on Facebook. SHARING WORK AND FOOD CREATES AN UPSIDE TO THE ECONOMIC DOWN BY Wayne Roberts Unlike most people, Thomas Homer-Dixon doesn't think today's world economic crisis is very complicated. He thinks it's very complex, which makes for a world of difference in understanding which government anti-recession programs will fail (most of them) and deciding which ones can help. Homer-Dixon, who chairs a centre for global systems analysis at the University of Waterloo, is one of the world’s leading thinkers in the field of “complexity theory,” and the author of several international bestsellers, including The Ingenuity Gap and The Upside of Down. He brings a missing dimension to thinking about remedies to the looming economic collapse that that’s so far been excluded from public and media debate. “If ever there was a case of experts not knowin...

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