World-News

Ellen Brown, The Web of Debt Blog: ''Even the world s most resource-rich country has now been caught in the debt trap. Its once-proud government programs are being subjected to radical budget cuts, cuts that could have been avoided if the government had not quit borrowing from its own central bank in the 1970s.''

http://truth-out.org/news/item/8264-oh-canada-imposing-austerity-on-the-world%E2%80%99s-most-resource-rich-country

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Oh Canada! So Rich And So Poor

Imposing austerity on world's most resource-rich country

By Sean Fenley

Even the world s most resource-rich country has now been caught in the debt trap. Its once-proud government programs are being subjected to radical budget cuts-cuts that could have been avoided if the government had not quit borrowing from its own central bank in the 1970s.

http://www.informationclearinghouse.info/article30968.htm



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=austerity
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=budget
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ellen+Brown
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Sean+Fenley
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