Federal Reserve

A bank run at My Bank in Russia. More are coming.

The Canadian central bank has been printing too, causing a buildup of government and private debt in Canada.

"Harper, serving as he does as Prime Minister of Canada, must be aware that the Bank of Canada which he ultimately oversees has held its key borrowing rate almost as low as possible for over four years now. As recently as 2009 the Bank had driven down its prime discount rate to a quarter of a percent. It has since softened its stance, but the rise to 1% is a far cry from any semblance of normality."

Because Canada started in better shape than the US, it's still in better shape than the US.