Crawl Across the Ocean

Monday, June 07, 2010

Non Sequitur

The Globe and Mail has one of its business section articles where it tacks a bunch of different stories onto one another...

The first story is about the housing market and starts,
"National Bank of Canada worries that the impact of rising interest rates on the residential housing sector “could be dire” in Canada. 'Though the Bank of Canada has done well to set its rate normalization process in motion, the fact remains that the stakes at play are high, with home prices and household debt at record levels relative to income,'"

The second story is about what's the mind of our finance minister and starts,
"Finance Minister Jim Flaherty says a solution to Europe's debt problem will be the top issue for the G20 summit in Toronto this month."

I hope Mr. Flaherty remembers that we have debt problems of our own...

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