Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada. The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners. Unfortunately, Canada’s export trade is not very well diversified. We rely too much on [...]
Timothy Geithner Reveals Personal Finances
January 27, 2009
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Hank Paulson
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Timothy Geithner
As it turns out, he’s just barely a millionaire (unlike ol’ Hank Paulson, who has over $700 million), and… he’s a big mutual fund investor! Can you believe it? You’d think he’d know better than that. Some of his funds only have $1000 in them, some go up to $100,000. On top of that, he [...]