*Canada (where I'm from) was much more capable at dealing with the crisis becaus...

rhizome on Dec 29, 2016 | parent | context | favorite | on: Economists versus the Economy

Canada (where I'm from) was much more capable at dealing with the crisis because we had a small more cohesive system

By my reading (http://www.nber.org/digest/dec11/w17312.html), Canada hasn't had the US crises infect them due to centralization.