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Seriously?!?!
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Last post: May 13, 2024, 10:23:35 PM
Re: Seriously?!?! by Lokmar

avatar_Herman

Prog Study Warns of Canada's Coming Debt Crisis

Started by Herman, May 23, 2025, 03:35:50 PM

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Herman

Canada is screwed. Consumer and public debt are reaching crisis levels.

Time for Alberta and Saskatchewan to bail before the ship sinks to the bottom.

https://finance.yahoo.com/news/canadas-rising-debt-crisis-surging-133000324.html
TORONTO, May 6, 2025 /CNW/ - A new national study from Money.ca reveals that Canada is facing a mounting debt and delinquency crisis, with average non-mortgage debt rising and delinquency rates spiking sharply across the country. The findings from Canada's Rising Debt Crisis shed light on growing financial vulnerability among Canadians, fueled by inflationary pressures, high housing costs, and rising interest rates.


.

No wonder the government is getting behind programs like MAID. When people's backs are to the wall, a few timely injections can stifle much of the wails of anguish and the government can tax the shit out of the deceased estates.

So glad I got out when I did.

DKG

Quote from: . on May 26, 2025, 07:06:59 AMNo wonder the government is getting behind programs like MAID. When people's backs are to the wall, a few timely injections can stifle much of the wails of anguish and the government can tax the shit out of the deceased estates.

So glad I got out when I did.
Canada is becoming a world leader for some dubious distinctions like medical assistance in dying.


Herman

Watch this video to the end if you want to know just how corrupt this Liberal Party is and how dire Canada's fiscal situation really is.


Herman

Why Canada is broke and on the verge of becoming a third world nation.

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