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Originally Posted by RawAlex
skillfull the only "game over" is for the poor people of rural quebec who are going to have even LESS as independant quebecois then they have as quebecois living in Canada. The volume of lies told to these people (from both sides) is stunning. But we all know that in the end the poorest regions will suffer the most.
Don't think this is going to happen? Well, think about this:
What will happen to Quebec and Canada's debt rating? How much higher will interest rates have to be to get people to buy those bonds? That leads to inflation (at least inflation of government expenses) which means less expenses... plus overall inflation for the whole "country". Not to mention how do you think the world will value the "quebec dollar"? Oh, you want to use Canadian dollars? Sorry, YOUR SEPERATING. You don't get to pick and choose the parts you like. This isn't a buffet, there are NO SUBSTITUTIONS ON THIS MENU. In or out, that's all.
Cold hard real world (whole planet) financial facts are there, "do the math". It's not pretty.
Jman, yeah, I will be around this weekend being a pain 
Alex |
ok, remove some lies from federalism propaganda
we can continue to use the canadian currency, there is no international law against it (you can see some country are using the USD, that dont change anything) we have some very strong asset to back up any inflation
first, the Caisse de Depot et Placement
174,121 billion under management in 2004
139,209 billion in 2003, do the math ;)
http://www.lacaisse.com/media/ar2004.pdf
look at page 10 when you see some "i sleeped in my economy class arguement" like: yes but the Caisse lost almost 10 billion in 2002,
yeah that true
but they made 40 billion in the next 2 years
and made 50 billion in the previous 5 years
so what the big deal about a bad year :P
ok we also have
la Caisse Desjardins
http://www.desjardins.com/en/a_propo...l/apglob04.pdf (2004 financiel report)
almost 100 billion in asset too
nice for a coop bank
ok we also have the Font de Solidarité de la FTQ (5,5 billion in asset)
http://www.fondsftq.com/internetfond...VWebTAN/AprAcc
ah we have also the SGF (2,4billion in asset)
http://www.sgfqc.com/en/portrait/rap...e%202004-a.pdf
oh yeah, i forgot we collectivly own Hydro-Quebec (58 billion in asset, generating 2 billion in profit/year and growing fast) and will work forever (hydro-electricity), not like the Petroleum in Alberta...
ah, and Loto-Quebec, the SAQ and a shitload of stuff we also have...
not so bad to start a country...