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Wednesday, February 11, 2009

Speaking of banks

Guess which country, alone in the industrialized world, has not faced a single bank failure, calls for bailouts or government intervention in the financial or mortgage sectors.

Give up?

It is Canada.

Yup, Canada.

In 2008, the World Economic Forum ranked Canada's banking system the healthiest in the world.

America's banking system is ranked 40th, Britain's is ranked 44th.

Read the rest in Newsweek.

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