Mike, as of last update, the BoC was buying ~$5bn worth of https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇦" title="Flagge von Kanada" aria-label="Emoji: Flagge von Kanada"> bonds a week so these are not normal times. For context re: creditworthiness, our bonds trade at similar yields to Greek bonds. Not sure we should be handing out medals yet/asking for praise. (1/3) https://twitter.com/mike_mcnair/status/1308030325713301504">https://twitter.com/mike_mcna...

This is like getting an A+ on a paper you administered/graded yourself. Fitch downgraded https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇦" title="Flagge von Kanada" aria-label="Emoji: Flagge von Kanada">’s triple-A credit rating in June, dropping https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇦" title="Flagge von Kanada" aria-label="Emoji: Flagge von Kanada"> to an “AA+” rating over what it called “the deterioration of https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇦" title="Flagge von Kanada" aria-label="Emoji: Flagge von Kanada">’s public finances” due to C19. Context: Fitch rates Greece at BB-. (2/3)

All this to say, your comments are like saying the stock market is doing well, so the economy is doing well, and no one would ever say that....Wait https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">. (3/3)