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First of all, I went to USA last month, from Toronto- Orlando, driving, whatever how good USA is heard from others, but I Don't think what the big different between Canada and America. Just all civilians know the big difference between two countries according to Price of goods(Gas price, house price and living expense), but nothing else...
After I came back home, I check the economy of two countries from Wikipedia. It says that America has Gross external debt $14.39 trillion (30 Sept 2010), but Canada only has Gross external debt $1.009 trillion (30 June 2010) , also, another point is very interesting that Public Debt of America is 14 trillion(93% of GDP and their GDP in 2010 is 14.660 trillion), Canada's public debt is only $519.1 billion CAD (Federal, 31-Mar-2010 and Canada's GDP in 2010 is 1.522 US trillion). That mean is American use next next or next generations money to build complementary The United States... |
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