Posts Tagged ‘ Canadian financial sector ’

Disciplining the bond vigilantes with the Province of Ontario Savings Office .. a teachable moment from the 1930s

Aug 8th, 2011 | By Counterweights Editors | Category: In Brief

The Sage of Omaha, Warren Buffet, may have come up with the wittiest pronouncement on Standard and Poor’s downgrade of the US credit rating from AAA to AA+. It “doesn’t make sense,” he has said: “The US, to my knowledge, owes no money in currency other than the US dollar, which it can print at [...]