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Old 09-28-2007, 11:51 AM   #45
jolinar of malkshor
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Quote:
Originally Posted by IntenseFan View Post
Hey Lurch, a bit OT, but those Italian numbers from that link are crazy. That country is pretty much insolvent and looks like it has been for many years. How can that be tolerated, not just by Italians, but by creditors? Nuts.

By decreasing it's net debt by such a major amount, Canada has freed up a ton more $$$ for public spending, tax reductions, whatever the heart may desire. I guess the question is, has anyone noticed the difference?

I think we would have noticed a difference had we not paid down the debt more so.
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