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Where should crude be?

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  • TOM4CWB
    Senior Member
    • Dec 2000
    • 16511
    #21
    Perf,

    Become a chartered bank and find out why the BOC lends to them...

    Loan loss provisions...
    Assessment of capability to be stable,

    In Alberta AFSC is as close as we will ever get to the BOC by cutting out commercials going direct. AFSC is very good. ATB is next.

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      • cottonpicken
        Senior Member
        • Apr 2006
        • 6993
        #22
        Bucket feel like getting a headache today?

        Who owns the bank of canada?What did a group of albertans do in the 30's?A rabbit hole not worth going down maybe.

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          • TOM4CWB
            Senior Member
            • Dec 2000
            • 16511
            #23
            CP,

            Alberta still uses the CDN charter... and can... and will I predict under Premier Motley... make our currency outside the BOC.

            PM Justin would be very unlikely to find a problem with AB's position...

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              • bucket
                Senior Member
                • Jan 2008
                • 17033
                #24
                Cotton

                I don't know who owns the bank of canada.

                But they are allowing their money to be lent with no return while the middleman (canadian banks) make billions and essentially cripple/hogtie the economy for no good reason.

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                  • bucket
                    Senior Member
                    • Jan 2008
                    • 17033
                    #25
                    Cotton

                    Yes I am stupid on these things. Could use a lesson today. It's foggy out and so is my knowledge of this stuff.

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                      • cottonpicken
                        Senior Member
                        • Apr 2006
                        • 6993
                        #26
                        Just getting at the fact its one big complicated web that can give you a headache trying to understand,i'm not there yet maybe nobody is but the fact the vast majority of our sovereign debt was just an interest cost payment and never built or did anything really bugs me,maybe should have just printed the money and not bothered issuing a bond,not that that is right either

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