Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.
Alberta’s per-person government debt has eclipsed $10,000 this year.
A phrase heard almost hourly at the conference was “this time is different.”
As the world wrestles with the sovereign debt crisis in Europe and Americawell see if 2012 is any easier than 2011its worth reviewing what caused the last financial meltdown. Of some help is a new book, Reckless EndangermentHow Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.