Take Your Money to Canada!

Amid the non-stop gloom this week, here’s some salt for the United States’ financial wounds: According to the World Economic Forum, our northern neighbor’s banks are the soundest in the world. Canada’s banks scored a 6.8 on a scale of one-to-seven, while the U.S. scored a mere 4.0. America ranked 40 overall, behind Estonia and Namibia. The U.S. remained, however, king of the WEF’s competiveness rankings, which means that, while Canada’s house may be in better order, we can still burn it down.