Canada

This Time is Different

This Time is Different

All financial crises are defaults in debt repayments. Nearly all of them start with government defaults.

Like all other debts, government debts come due and must be repaid; usually, with more debt, the government borrows money and pays the loan payment due; in the financial jargon, the obligations are ‘rolled over.’

Socialism

Socialism

Stephen Lewis once said, “I don’t understand how a person can be a Christian and not be a socialist?” I remember thinking, “I don’t understand how a person can be a socialist and claim to be a Christian?” My understanding…