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Old 08-08-2011, 10:28 PM   #654
bluejays
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Join Date: Sep 2005
Location: Toronto, Ontario
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Quote:
Originally Posted by SebC View Post
When you talking about an entity like the US, it's not just whether the country can pay it's debts, it's also whether it is willing to. It's not like you can repo the White House if they don't.

That ScotiaBank kept "You're richer than you think" as their slogan after the whole subprime mortgage thing came to light still makes me laugh.
I don't like the slogan to begin with, but Scotia is among the most conservative banks in lending and how much they lend out, so it's not like they're approving every John that comes in...quite the opposite. On a side note, they've come out with now 2 very nice cashback reward cards.
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