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Cake day: 2023年6月16日

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  • Some of them are flying the Confederate flag in Alberta!

    Historically Europe (and the British Empire) sided with the confederacy because they saw a united USA as a potential industrial rival, whereas the south was more of a resource colony. Interestingly there was a major class divide in Europe where the working classes were anti-slavery and therefore anti-confederate wheras the upper classes saw the confederate cause being in their interest. There’s a book about this called A Cause for All Nations by Don Doyle.

    My understanding is that nowadays the confederate flag is used by people outside the USA who are on the fascist end of the spectrum for whom Nazi or fascist symbols are too extreme (or just illegal) in their countries.

















  • One thing that’s crazy is during 2008 Canada was one of the only countries where were no housing busts or bank failures. It was explained at the time that they didn’t deregulate like the US did in the 90s, and didn’t go crazy with Eurodollar and derivative speculation like the European banks.

    The takeaway was that in Canada banking is still a boring business managed by professional adults, overseen by stern but fair regulators who would ensure that things don’t get out of hand.

    So what the hell happened? Seemed like the Canadian government and finance people took the lesson that they missed out on a hell of a party and they’re going to have their own housing bubble with blackjack and whatnot.