Thursday, March 16, 2017

Consumer Debt Worth More Than Entire Economy

 Debt

An article in Huffpost points once again to the illusion that is Canadian prosperity. The video leads off with the statement that 'Canadian consumer debt is now more than the entire economy'. We also have more debt than any other G7 country.

I am not real bright, but it would seem to me we can't keep living in the land of make believe forever. Given that neither the banks nor the governments seem to have any real long term strategy, it might be time for some gold coins, beef jerky, bottled water and a AK47.

allvoices

No comments:

Post a Comment

Your comment will appear after moderation before publishing,

Thank you for your comments.Any comment that could be considered slanderous or includes unacceptable language will be removed.

Thank you for participating and making your opinions known.

Note: only a member of this blog may post a comment.