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CronoDAS comments on US default as a risk to mitigate - Less Wrong Discussion

2 Post author: bokov 15 October 2013 04:41PM

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Comment author: CronoDAS 16 October 2013 04:34:25AM *  0 points [-]

Maybe I should look into emigrating to Canada again...

[/not sure if I'm kidding or not]

Comment author: bokov 16 October 2013 04:40:20AM 2 points [-]

If the sh*t hits the fan in the US, I don't see how Canada would remain unscathed. The question is where you can migrate your money, or more precisely, your purchasing power.

Comment author: CronoDAS 16 October 2013 04:59:06AM 0 points [-]

Canada's banks did pretty well in the 2008 crisis.