Linda McQuaig's Shooting The Hippo: Causes And Results Of Debt

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and leads to numerous other examples which McQuaig uses
to break down the popular myths about the deficit. McQuaig, determined to
expose one by one, several of the current myths about the state of the Canadian
economy, backs up her arguments with interviews and publications. These include:
a chief statistician at Statistics Canada who has been working on the statistics
of social spending since the middle '60s; the man at Moody's bond rating service
in New York who is in charge of setting the credit rating on our federal debt;
and noted economists, among others.

The book goes on in its investigation as to why the recession in Canada was the
worst of the world's most powerful nations. It is noted that if there is a
simple way to explain the reason for most of the recession then it will in turn
account for most of the increase in the debt. McQuaig also presents a bit of
history of banking, monetary systems, and the struggle of the conflicts between
the rich minority and the ...

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