Majeres' Musings

Jul 4, 2005 at 10:06 o\clock

Alberta and Debt seperation.

by: majere

A little while ago I came across a comment on another website refering to Alberta seperation.  The comment basically stated that if Alberta were to seperate, it would be debt free.

I can understand how a person upon hearing that Alberta has no Provincial Debt can seperate debt free.  They might be missing the next level conscience thought here though.

I can also understand how the same person, if that person is the Leader of Alberta during a seperation, not feel that it is their National and International legal obligation to take their part of the Canada National debt with them.  And then not understand why they have no financial credability with other countries.

My reply, though I did not reply to the comment, is then it would be exactly the same as if every other Province seperated from Canada at the same time prior to Alberta seperation, therefore leaving Alberta with "Canadas'" debt obligations.

I have written in the past on Quebec seperation and how Canada can easily enforce a seperating Province to take their share of the National Debt with them. 

The absudity of shallow thinking by some individuals is not wrong.  Its just morally wrong to some when these people spread their fallacies to the naive.

cheers :) majere

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