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From Wall Street to Bay Street
Приєднався 11 жов 2023
Learn facts about history financial history that impact today.
The World's First Government Bailout? The Forgotten Crisis Of 33CE
In ancient Rome, wealthy individuals, frequently granted loans at interest to members of the public. In AD 33, these loans became increasingly scarce, leading to a severe crisis.
#financialhistory #economichistory #economiccrisis #financialfacts #historyfacts #romanhistory #ancienthistory #ancientrome
#financialhistory #economichistory #economiccrisis #financialfacts #historyfacts #romanhistory #ancienthistory #ancientrome
Переглядів: 214
Відео
The Forerunner of Free Trade: The Auto Pact
Переглядів 7721 день тому
The history of Auto Pact, its creation, and its impact. Based on a Paper by Joe Martin. Authors Greg Keenan and Eugene Beaulieu comment on the auto pact. Taken from Canadian Business History Association. #canadianhistory #economichistory #canadianfinance #financialhistory #historyfactsdaily
The Oil Well That Changed Canada: Leduc NO. 1
Переглядів 8428 днів тому
Leduc No. 1 was a significant crude oil discovery made near Leduc, Alberta, Canada, on February 13, 1947. It provided the geological key to Alberta's most prolific conventional oil reserves, resulting in a petroleum exploration boom across Western Canada. Based on a Paper by Joe Martin. #canadianhistory #aberta #economichistory #canadahistory #historyfacts #historyfactsdaily #canadianfinance #p...
From Wall Street To Bay Street: The History Of Finance In North America
Переглядів 12 тис.Місяць тому
My PBS documentary examines and compares the financial and banking systems of the United States and Canada. The film traces the history of both systems and features interviews with an impressive list of experts, including a former prime minister, bank CEOs, academics, and other business leaders. Director: Kevin Feraday Based on the book 'From Wall Street To Bay Street' by Joe Martin #canadianhi...
The Bank Of Canada: The Forgotten History Of Why It Was Created
Переглядів 719Місяць тому
The history of The Bank of Canada, its growth over the years, who owns it and why it was created. Based on a Paper by Joe Martin. Author Joe Martin and former Bank of Canada board member David Laidley discuss who owns The Bank of Canada and how that was decided. #canadianhistory #economichistory #canadianfinance #financialhistory #bankofcanada #banking #historyfactsdaily #historyfacts #historyl...
The Wheat Boom: How The Golden Era Financed Canada And Grew The West
Переглядів 215Місяць тому
The history of Canada's wheat boom, its growth over the years, and how and why it changed and financed Canada. Based on a Paper by Joe Martin. #canadianhistory #winnipeg #economichistory #canadahistory #historyfacts #historyfactsdaily #canadianfinance #alberta #saskatchewan
The Forgotten History Of The Montreal Stock Exchange
Переглядів 1732 місяці тому
The Forgotten History Of The Montreal Stock Exchange
What Started The Canadian Economy As We Know It? Forgotten History
Переглядів 1662 місяці тому
What Started The Canadian Economy As We Know It? Forgotten History
How Canada’s First Bank Started: Forgotten Canadian History
Переглядів 3882 місяці тому
How Canada’s First Bank Started: Forgotten Canadian History
The Hudson's Bay Company: The History Of North America's 1st Corporation
Переглядів 1082 місяці тому
The Hudson's Bay Company: The History Of North America's 1st Corporation
The 1997 Financial Crisis: The Worst Crisis In Asian History?
Переглядів 1243 місяці тому
The 1997 Financial Crisis: The Worst Crisis In Asian History?
Rum Wars: Battle for Rum Dominance Is Costing Taxpayers Millions
Переглядів 253 місяці тому
Rum Wars: Battle for Rum Dominance Is Costing Taxpayers Millions
The Bull Market of the Roaring Twenties & The Crash Stock Market 1929
Переглядів 6323 місяці тому
The Bull Market of the Roaring Twenties & The Crash Stock Market 1929
The South Sea Bubble: The World's First Ponzi Scheme?
Переглядів 2883 місяці тому
The South Sea Bubble: The World's First Ponzi Scheme?
The Financial Crisis that Caused Japan’s Economic Stagnation: The Lost Decade
Переглядів 4004 місяці тому
The Financial Crisis that Caused Japan’s Economic Stagnation: The Lost Decade
The Financial Innovation: Merging The Financial Markets In Canada
Переглядів 844 місяці тому
The Financial Innovation: Merging The Financial Markets In Canada
Europe Industrial Revolutions: It Took The Whole Economy To Finance Them
Переглядів 4365 місяців тому
Europe Industrial Revolutions: It Took The Whole Economy To Finance Them
The Panic 1873: The 1st 'Great Depression'
Переглядів 1,6 тис.5 місяців тому
The Panic 1873: The 1st 'Great Depression'
An Order In Council: As Powerful As Law But Not Passed by Parliament
Переглядів 1135 місяців тому
An Order In Council: As Powerful As Law But Not Passed by Parliament
The FTX Scandal: A Cryptocurrency Disaster Explained in 2 min
Переглядів 3616 місяців тому
The FTX Scandal: A Cryptocurrency Disaster Explained in 2 min
Paul Martin Reveals Why He Stopped The Bank Mega-Mergers
Переглядів 886 місяців тому
Paul Martin Reveals Why He Stopped The Bank Mega-Mergers
Why The U.S. has more banks than anywhere on Earth: Forgotten History
Переглядів 4826 місяців тому
Why The U.S. has more banks than anywhere on Earth: Forgotten History
Who Owns the Bank of Canada? : The History of Financial Innovation
Переглядів 1,7 тис.6 місяців тому
Who Owns the Bank of Canada? : The History of Financial Innovation
The Forgotten History Behind: Why Canada is Stable and America Turbulent
Переглядів 1 тис.6 місяців тому
The Forgotten History Behind: Why Canada is Stable and America Turbulent
Charles Ponzi's Infamous Financial Scam Explained: Forgotten History
Переглядів 3966 місяців тому
Charles Ponzi's Infamous Financial Scam Explained: Forgotten History
The Bre-X Scam: Biggest Gold Hoax In History Explained
Переглядів 3146 місяців тому
The Bre-X Scam: Biggest Gold Hoax In History Explained
Canada's Financial Fortress: Why Canadian Banks are so Stable
Переглядів 1547 місяців тому
Canada's Financial Fortress: Why Canadian Banks are so Stable
Forgotten History: Insights Into Why Hamilton Created a Federal Bank
Переглядів 1287 місяців тому
Forgotten History: Insights Into Why Hamilton Created a Federal Bank
Shocking History: Why Canada's Great Depression Was The Worst Financial Crisis
Переглядів 7147 місяців тому
Shocking History: Why Canada's Great Depression Was The Worst Financial Crisis
The Crisis That Ended the Gilded Age and Started the Federal Reserve
Переглядів 4217 місяців тому
The Crisis That Ended the Gilded Age and Started the Federal Reserve
OMG. What apologists for the Central Banking cabal. I would love to hear Ron Paul's or G Edward Griffin's opinion of this completely biased "documentary".
Thanks for the comment Steven. I appreciate your feedback on this complicated issue. I interviewed a lot of experts on both sides of the political spectrum of liberalism and conservatism but was taken from a Canadian/American comparative view in mind. I know centralized banking vs unit banking is a more charged topic south of the board.
Again, another very well informed documentary that was easy to understand and appreciate about Canadian and American banking.
Thanks for the comment; I'm glad you enjoyed the documentary.
This deal give canada foot door make parts around world.Magna now sold parts and plants around world.Company like alcan,inco,ge,cominco all benefit long time.thanks video😊
Thanks for the great comment Luc. I’m working on some new documentary interviews now that can tackle this subject better. Yeah you’re right, It was a big step for Canada and all of those companies flourished from it.
Excellent documemtary
Glad you enjoyed it
Great video
Glad you enjoyed it
What a great video! A lot of interesting facts stated! I love the old footage that was provided in this video.
Glad you enjoyed it!
The auto pack has had a huge impact on Canadian economy 🎉
Thanks for the comment. Yeah it had a huge impact.
The Hudson's Bay Company has turned more into a real estate company in the 2020s. 😂
I absolutely admire RBC. They pretty much avoided all the trouble in 2008.
Thanks for the comment. Yeah, did well in 2008. Dominion securities did well partnering with them and vice versa.
America did not invent the ATm. Or the chip. Or paywave. Thr american banking system is horribly outdated and is about 15 years behind the world
Thanks for another great comment Anubis. I don’t think prof Sylla wasn’t referring to invention of new technology but instead more implementation on a large scale. The US might not have been the first to put in atms or online banking but they were at the forefront of implementing it on a large scale because of the size of the Americans financial system and the history of fierce competition in the US. Thanks for another awesome comment.
Casually leaving out the fact that the federal reserve is NOT a central bank nor is it a govt agency. Lets ignore that its a private organisation
Thanks for the great comment Anubis. The FED is a central bank. Also, The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress. Awesome comment.
Halmiton was a traitor servicing the interests of his masters. Course, history books all say what a great injustice it was, but the reality was a rat was taken care of
Thanks for the Comment. Whether you agree or disagree with politics, it's hard not to acknowledge that Hamilton was an economic genius ahead of his time. Not only did he create the first financial system capable of modern financial growth, but he was also a war hero on several occasions and George Washington's right-hand man. Also, he didn't create the second bank of the united states that jackson abolished, he was long dead.
@@FromWallStreettoBayStreet That is true. I don’t know how I missed that. I never recall that much about him, thank you for that. Better to be well-learnt than ignorant
Yes, oil open west but biggest was oilsands i talk myself with peter lougheed said" the public don't have clue how he have under feet in alberta". The biggest advance is spend money a new equipment in oilfield and tarsand.the best book about is tarsand from unv.of calgary history and future.thanks video.😊
Great comment as always Luc. I’ll be sure to check out that book recommendation. There’s no doubt that the oilsands had and is still having a massive impact on Canada.
Wasn't the very first oil well drilled in North America somewhere around Petrolia Ontario? I thought I heart that somewhere.
Thanks for the great comment! I don't know if it's the home to the first North American oil well (I need to look into that), but there was a large oil boom in the 1850s, and more than 400 wells were dug in the area of Oil Springs, Ontario. In the 1880s, deeper oil was found, but pipelines were constructed to move most of this produce to the larger neighbouring community of Petrolia, Ontario. I'm working on a video that touches on the Ontario oil boom of the 1800s in the future. Thanks again for the excellent comment.
Hamilton was correct. Unfortunately, politicians waste money and spend it needlessly. The Canadian Banks, which has a population 8% the size of the USA, are far better controlled than American Banks. The Bank of Montreal is still strong and prosperous, as are the other 4 principal Banks. Interestingly, the Australian Banking system is equally strong.
Thanks for the great comment. You make some great points. I think Hamilton was really an economic genius with strong convictions and it’s no wonder that his impact is still felt today.
Wow! Incredibly out of date critique of Canadian banking. Our current mortgage market is hopelessly corrupt (2024).
Thanks for the comment. The documentary was made for pbs before the pandemic and I just got the rights back to post it now. I am working on a follow-up now that touches on currency, growth and the oligopolistic nature of the system.
In the end, this plays like a one-hour commercial for the Canadian banking system and OFSI
Thanks for the comment. It does sometime feel that way. I honestly didn’t expect that it would turn out that way. I interviewed a lot of experts that were against oligopoly and Canadian banking in general. I think if you look at the system as a whole throughout history it’s hard not to call it a one of Canadas successes. They’re extremely stable because of their relationship with the government and they really helped grow and finance the country.
I love it when Mr. D'Allessandro says at 49:15 how in the past you had to work REAL hard to lose a billion dollars, now you can do it in a nanosecond. Puts a different point on how banking and investing has changed over the years. That's progress, I suppose.
Thanks for the great comment. Mr. D’allasandro was a an incredible interview, shared a lot of great experiences and insights. At the end of the day he makes a good point.
The eyes means a deep secret, not involved with any fever today
Thanks for the comment, I don’t really understand it though.
Yes and then there's Bitcoin.
Thanks for the comment. I’m going to touch on bitcoin in the follow up documentary.
Do you have more interview footage on the Canadian Bank Mergers?
Yes, I might release a longer video on the subject.
@@FromWallStreettoBayStreetthat would be great
Can you post the full 2h cut either here or somewhere we can send money? Great doc BTW. If copyright an issue geofence it for canadians only/
Thank you and I’m glad you enjoyed the doc. I’m thinking of posting the an earlier much longer edit but I’ll need some time to put it together. I’ll most likely post it here. I’m also working on a follow up documentary and some shorter mini docs that on the same subject matter. Btw if you want to support the channel, please like, subscribe and share. Thanks again for the comment.
great documentary but a few less cuts, music lowered or cut out for periods and far less imagery may be more sophisticated and decent for the viewer experience. Let the speakers shine through and avoid the imagery and cuts that distract the viewers focus and highlight of whats being said.
I’m glad you enjoyed the documentary. Thanks for the suggestion, it’s always nice to get feedback. Please like subscribe and share if you want to support the channel.
So the Bank of Montreal plagiarized Hamilton’s document? 😅
They basically copied the charter completely and then BMO set the standard for banking in Canada. In a way Hamilton was the father of both systems but Jackson is the reason they’re so different. Thanks for the comment.
Cool
Thanks for the comment.
This seems less like a tale of banking history and more like a fluff piece for Canadian banking. In which case, it ignores that Canada froze the accounts of citizens who opted not to take the Covid vaccine.
Thanks for the great comment Corey. I came into the project with no set agenda and talked to folks on both sides of the issue. I think at the end of the day, the banks are far from perfect but they have been a Canadian success story not for their individual accomplishments but for the corporative system that focuses on national stability and played a role in growing the country in a unique way. That said the banks and Canada had many miss steps along the way. I didn’t touch on Covid issues because the doc was made over a year before and was broadcast on pbs in 2022.
Extremely high quality stuff here. Thanks for sharing it on UA-cam!
Glad you enjoy the content and find it interesting! I’m working on a follow up documentary now. Please like, subscribe and share if you want to support the channel.
@@FromWallStreettoBayStreetwill do! One small thing, at 37:40 the interviewee says the Yom Kippur war was in the “early 60s”, but it actually took place in 1973. I assume he meant early 70s.
Thanks and thanks for spotting that mistake. I actually spotted that mistake (and a couple of others) just before I delivered it WNED PBS…. Unfortunately it was already picture locked and mixed, so I couldn’t really make any last minute changes. It still bugs me though lol.
I Love the content, learning a lot
Haha i love. The black Friday last week. Lol yen borrowers were like oh crap. Sell there shares. Then they start saying there is a recession lll
Thanks for the great comment. It’s a really interesting development and could make for a great long form documentary.
@@FromWallStreettoBayStreet yes it would I think we all would enjoy it
love this channel
Thank you, I’m glad you find the content interesting. Please like, subscribe and share if you want to support the channel.
This is what I learned about modern finance, money and economies. I am willing to acknowledge that I may have been fooled or deceived from some of the information and sources I researched but, I am willing to change my mind if there is better or more reliable information that can be presented and trusted. There is no lack of rumors and myths about government operations especially when it comes to how the nation’s money is created, managed, controlled and spent. With the explosion of easily accessible information on the internet, there has also been an explosion of information on how banking and financial systems work along with how governments, private central banks and private commercial banks create and manage money. Some good, some bad along with some interesting conspiracy theories. One of the most stunning things I learned about modern economies is that money is created when someone takes out a loan and goes into debt. I was well into my forties when I learned this about modern money. At first, I did not believe it and it is certainly not what I was taught about money in my younger days. Modern money is mostly about getting governments, corporations, businesses and people into debt and there is also quite a bit of smoke and mirrors involved. The idea is to keep the borrowers continuously in debt so they can continuously keep paying interest to the “lenders”. The joke is that the money given out for the loans that make up this debt does not exist. The money is created by entering numbers into the borrower’s account when the borrower takes out the loan. As the loan is paid back, the money that was created for the loan is eliminated and no longer exists, but the institutions that created the money get to keep the interest that was paid. So, the more debt there is, the more money there is and the more interest that is paid to these institutions. The other joke is to get a loan like this, most of us have to put up some collateral, so if you default, they can take ownership of your collateral. So basically, they get your possessions of whatever collateral you put up for free and with no risk since the money they “lent” you did not exist. Supposedly, this has been determined to be a legitimate way to do business! If money really needs to be created by simply entering numbers into accounts or printing it into existence, remember I am saying “if”, then the government should be the only authority allowed to create this kind of money for the nation without “borrowing” any from the private banks since they don’t have it either and just simply create it the same way the government would. This way the government would not have a national debt and would not be paying interest on money that private banks did not have. On the international level, debt has been used as a tool to gain power, status and influence over other countries for centuries. In the past century, the US perfected this technique. In the 21st century, China and some other countries have also learned this trick. Again, the idea is to keep the borrowers continuously in debt so they can continuously keep paying interest to the “lenders”. So if the country defaults, the “lenders” can take ownership of the country’s resources that was used for collateral. They get whatever collateral the country put up for free and with no risk since the money they “lent” did not exist! This is how America and the US dollar has been able to be the dominant player in the world economy but is now being challenged by other countries that have learned the trick. The banks should only be allowed to lend a percentage of money that has been deposited by their customers. If the banks do not have enough money to lend to corporations and businesses so that they can expand or continue to innovate, then the government can create the money to lend them and the government can collect the interest for these loans. This would also reduce the amount of taxes that businesses, corporations and individuals would have to pay governments. Governments, corporations, businesses and academics along with the wealthiest and brightest among us keep competing for power, status and wealth by playing the game with the same old economic rules and ideas that have been popularized by economist like Adam Smith in the 1700’s with his book “The Wealth of nations” and Alfred Marshall in the 1800’s with his book “Principles of Economics”. They also keep blaming each other when the economy is not performing well and not benefiting everyone and causing damage to the environment. We may now need to play this game with different rules and ideas. To keep the economy growing, old school economics promotes and encourages borrowing especially government borrowing which of course creates more and more government debt. The Gross Domestic Product (GDP) represents the size of the economy which is the amount of money the economy is worth. When the economy is continuously growing, the GDP is also continually growing. Similar to any addiction, more and more borrowing is needed to have the same effect on economic growth. When the government debt starts to become greater than the value of the Gross Domestic Product (GDP), technically it will no longer be possible to pay back the government debt. As the economy grows, the money is continuously inflated. There may be periods of low inflation rates and periods of high inflation rates or even periods of deflation but in the long run inflation always increases but the economy does not always grow. At some point, the buying power of money will starts to become significantly reduced and if the government debt starts to become several more times higher than the GDP, the money and financial systems will probably collapse. If this happens, the system is reset and the cycle is repeated. During the run up there will be some good times but, after the reset times will probably not be good and war is also a possibility. This cycle has been repeated continuously throughout history from the Chinese Dynasties to the Roman Empire to Germany after World War One and to Argentina, Venezuela and to many African, Asian and Middle Eastern nations in the 21st century. The thinking that the economy (the production and exchange of goods and services) always has to grow for there to be innovation, progress and prosperity will eventually become a problem on a finite planet. This may have worked well in the past when communities and societies did not know the scale of the planet and the environment but, I think the focus now needs to be on sustainability not on growth! There needs to be flexibility in the system for the economy to be able to expand and contract and for a contraction to be considered normal and not a problem or a failure and for the contraction to be just as innovative and prosperous as the expansion. For this type of thinking to work, there need to be some new economic models developed along with some new types of financial systems. I think capitalism is the best system with the best ideas but I also think some of the ideas of capitalism need to be amended with the primary focus and objective now being sustainability not growth. I also think the idea within capitalism that greed and selfishness is somehow a good thing needs to be forgotten. Greed and selfishness in any economy is not good. Competition is good but capitalism also needs to be encouraging much more honesty and responsibility and also promote cooperation, fairness and morality. If capitalism is modified in this way maybe we can’t call it capitalism anymore. Perhaps we can take the good ideas from capitalism and combine it with some of the good ideas from socialism and call it something else. Sweden, Finland, Norway and Demark have had some success it doing this. If the academics along with the economist, engineers, politicians, corporations, capitalists and entrepreneurs can figure out some new economic models that are based on sustainability instead of growth, I am sure there will be some noble prizes awarded. The way this can begin and at the same time improve peace, fairness, trust and morality is when our business, government and academic leaders, along with our wealthiest and brightest and smartest among us can start learning how to be much more truthful and honest. People don’t have to love each other. They do not even have to like each other but, they do need to understand that the wellbeing and happiness of others benefits everyone and is the bases for morality. This thinking and these ideas should help nations start to build trust and respect in each other so that they will no longer feel the need to spy on each other or feel the need to manufacture weapons that can wipe out most of the life on this planet and from there start working towards reducing and eventually stopping the manufacture of weapons for war. If people are struggling to survive or risking their lives defending themselves fighting wars, they will not care about anybody else or about the damage and devastation of their towns, cities and communities including the planet’s environment. They will also be much more aggressive and willing to commit crimes and behave in violent ways with animosity, cruelty and hatred toward others that don’t look like them or do not share the same religious beliefs. Here are some books with some new economic models and ideas that look like some promising developments: “Doughnut Economics” by Kate Raworth, “Prosperity without Growth” by Tim Jackson, “Confessions of an Economic Hit Man” by John Perkins, “Beyond Growth” by Herman Daly. Here is a good source of information. “The Centre for Advancements of the Steady State Economy”.
This is all well and good if you ignore significant Canadian historical figures from the 19th Century like William Lyon Mackenzie and Wilfrid Laurier. Heck, the Clear Grits themselves denounced John A. MacDonald as an “Indian lover” for giving the minimum level of provisions.
Thanks for the great comment John. The original cut touched on those eras but I had to cut them to fit a 60 min time slot. We tried to focus almost exclusively on how financial services were shaped. I’m expanding on different untouched aspects and eras in the follow-up. You make a good point though and feedback is always very appreciated.
Interesting film!
Glad you think so!
Was I supposed to speed up the video to 1.25?
Great video otherwise 😊
Thanks bushy. I’m still finding my way, a few months ago I had a bunch of comments saying that I was talking too fast … I must have over corrected. I appreciate the feedback and glad you like the content.
@@FromWallStreettoBayStreet finding the perfect cadence is a challenge I’m sure! Keep up with the great content :)
Amazing
Thank you! Cheers!
Is this the full documentary? At approximately 9.58 Some gentlemen said the reason for being repulsed in the war of 1812 was because of a lack of financing from a bank. Is this true and is the reason a second bank was charted explicitly because of the this event? Edit also dueling is dumb AF.
Thanks for the great comment. Yeah this is the full doc, my original cut was 2 hours but PBS wanted it for an hour time slot so I had to cut. It wasn’t the only factor, but finance during the war of 1812 was a big issue. It was hard to outfit and finance on that level without a major national bank. Finance was also a big issue during the civil war, that’s going to be covered in my follow up doc. I agree, duels are pretty dumb.
The Bank of Canada is not independent.... Lets be real. What a crock.
I agree; it's not independent; it's a government organization. The misconception is that it had ownership briefly when it was created. In the end, I think government ownership works best in Canada. Combined with OSFI and other organizations, the regulation helps with our sitablity. Thanks again for contributing to this often-forgotten but essential topic.
Built and run by the zionist kazarian Rothschilds.
Nice propaganda video.
Thanks for the comment. I have other videos that explore both sides of federal banking and how it is regulated.
Unfortunately the CPi has been manipulated or the Central bank would still be working fine. All FIAT currencies unfortunately will have to go to zero as they have no backing. I am sure they will have a new one out soon to reset this one collapsing on its self. I heard a bitcoin style but almost no one is interested in it.
Thanks for the comment. I have some videos coming soon that explore some of these issues, such as what currency is (historically and in the present day) and how its value is determined based on interviews with writers, bankers, and officials. I'm exploring both sides of this exciting issue that is often overlooked. Thanks for adding to the conversation.
The bank of montreal become big due they save the churchill falls dams project.rene levesque was involve with hydro quebec when joe smallwood was involve with scam with brinco.the true come out the bank of montreal was leaders save job and get money from boston mass from.majors lender.the bank of montreal save job.when mullohead got promote ceo bank of montreal rene levesque did speak board directors about bank of montreal save churchill's falls dams job.they still talk about bank of montreal in st- james street in montreal about.hydro quebec never forgot help bank of montreal did.😊
That is a fascinating piece of financial history, Luc. It's the first time I've heard it. Thanks for sharing!
See the Crime of 1873 via that year's coinage act which demonetized silver and effectively halved the money supply in the pursuit of monometallism.
Excellent, thank you for the great comment. I look forward to reading more about it and adding it to the list of questions for my next group of interviewees.
Yes,conrad black expose mess in 1930s FDR need somebody knew how turn around this.the man from utah caught everybody by suprise and change course of usa back economy work again.Utah construction was huge before sold GE 1976.the book about utah construction expose with New Deals put people back work.the man did huge contribution for usa gov't and everything else.when he pass away one my newspaper client in montreal LaPresse said "this is men change course economy and bring FDR on road recovry in usa ".today still is name once while what he did still Federal reserve miss men period.amen 😊
Thanks for the great comment, as always, Luc. I'm out on holiday, so I don't answer comments as much. I love that quote from the Montreal LaPresse; thank you for including it.
Brace for Impact. T Hanks
lol Thanks for the comment Stanley.
Why do you sound high?
LOL, I can see why you think that. I'm not high-just exhausted. I film these videos after the kids go to bed, and I can't seem to summon enough energy. I'm working on it, though. Thank you for the feedback.
When war was over 1945 the country change a lots.the gov't in ottawa was well know bank of canada must complete out hand off banking systems.yes, BOC is not perfect I deal with them direct I was in military with commando due economic sabotage review once a year.the bank look very good 2008 mess when in usa turn complete circus people around world look at us why! South border is mess here was ok right is pure discipline I know work at BOC is very well look after.thanks video again😊
Thanks for the interesting comment, Luc. It works well with the Canadian system, but it has strengths and weaknesses. Glad you enjoyed the video!
👍
Thanks again.
I really love loose leaf tea and this is fascinating
Thanks, Micheal! I feel the same way. lol.
The line start in pembroke,ont go west for CPR.the lumber supplies was from ottawa valley.the book" Lumber king" expose scale involve built line to vancouver.bc.CPR help start Canada cement in exshaw near calgary need ballast built line.when line was done CPR return behind and start upgrade line.the biggest job was roger pass the amount of money and times was insane built by hand.they found out later they need built bigger locomotive due grade.Montreal locomotive works and CPR Angus shop start built Hudson type engine.the engine is park now at heritage park in calgary alberta.the roger pass was cpr a money non stop.i work fording coal, elkford 1980-88 own by cpr yup we supplies used equipment built new line and McDonald tunnel 1980s.Cpr remove hudson bay company due holding many thing like hotels, trucking,passenger trains so on.the holding after ww2 change everything my grandfather and my dad work cpr trucking div.CPR help rebuilt england railroad after war 1945 friend us work Angus shop send crew found out what they need rebuilt.thanks video😊
Yup conrald black do again he said true on blue.yes, he honest the problems he was huge problems on sub prime cause huge mess.i got brother told me about this live usa in past.thanks video again😊
Thanks for the comment, Luc. Sorry for not getting back to you sooner; I've been away for a few days. Yeah Conrad has a way with words. It was a huge mess, but I think he made a good point.