RE: DEBT Is The New Normal! How We Are Inching Closer To The FIAT Cliff.

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DEBT Is The New Normal! How We Are Inching Closer To The FIAT Cliff.

in blog •  6 years ago 

I live in Canada. You should take a look at what ridiculous debt levels we have here, if you haven’t already.

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6 years ago by

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      ·  6 years ago 

    https://steemit.com/money/@theeconomictruth/canada-s-books-seems-to-have-a-problem-balancing-themselves-where-did-trudeau-take-his-financial-advice

    https://steemit.com/money/@theeconomictruth/the-canadian-debt-apocalypse-my-predictions-are-coming-true

    https://steemit.com/money/@theeconomictruth/canada-is-a-ticking-time-bomb-how-debt-is-about-to-destroy-the-economy

    https://steemit.com/money/@theeconomictruth/are-canadian-banks-insolvent-if-people-withdrew-their-money-is-it-game-over

    https://steemit.com/money/@theeconomictruth/canada-s-credit-unions-are-bankrupt-what-you-need-to-know-about-your-credit-union

    And I've done about 30 videos and I've also written a book a couple of years ago publishing it last year :)
    https://www.amazon.ca/Canada-Greatest-Economy-World-yourself/dp/1988497051/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=

    Enjoy the reading :)

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      ·  6 years ago 

    Ive read all about it in multiple places. It’s absurd. I just hope another recession doesn’t hit any time soon, for the sake of my fellow Canadians.

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      ·  6 years ago 

    We are one of the worlds most indebted countries. So a recession can hit at any time. I think this time since our central banks have ran out of ammo there is a depression(Deflation) voming ending with a inflation panic (hyperinflation) from central banks trying to save the economy.

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      ·  6 years ago 

    I don’t see what else they can do other than print, print, print more money and put interest rates to 0% if another recession/depression hits.

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