What do Canada, Iran and the Italian Mafia have in common?

You go to bed in Canada and wake up with a severed Moose head in your bed? Just guessing.

Those Canadians--maybe they invested all their money in beer and ice hockey instead of sub-prime.

It may have something to do with Giffen goods.

Or it may be that they have nothing in common apart from this fact, and that the reasons are three separate reasons for each one.

Regards,

Deborama

Not sure that the Iranians would have been too keen on investing in US sub-prime on idealogical grounds, nor that it would have been in the vested interests of the Mafia (taking as read of course that AML and KYC technology would have prevented any of their ill-gotten gains trickling / flooding into the financial system). As for the Canadians.....they sneaked a look over the fence at their (10 x salary leveraged) neighbours and quite correctly decided that keeping up with the Jones' isn't always a great idea.