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Posted AT 2:00 AM EDT on 23/02/06

Footwear vs. finance

From Friday's Globe and Mail

I was travelling recently and visited a little-noticed country called Shoeland. It's on the small continent of Outlandish, a bit north of Eurasia. I liked Shoeland. Almost everything there is identical to Canada, apart from one really weird exception: the market for new shoes. Shoes there are top-notch—stylish, robust and they wear well. But new shoes are very expensive, so there's a large and competitive market in used shoes.

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