World is in 217 Trillion in Debt

I just read another lovely article concerning the worlds appetite for debt. According to the Institute of international Finance the world has reached a record level of debt surging to 217 trillion. 217 freaking trillion dollars 217,000,000,000,000!!! This is insane. The article goes on to state that the world has never before in history been in so much debt. As a result the Rich are getting richer and poor and middle class are getting fleeced to such a point that apparently 8 People own as much as the poorest 3.6 billion people!!! This is obscene. But who cares right. Not my problem, those debts are Government debts, I have my own issues. Sound familiar, I am sure most of us have said or thought this. The inaction that we as a society is not only crippling the way of life the western world is use to, but it is creating so many slaves in its wake. Another way to look at this is if you could borrow a large sum of money and obligate your offspring to pay it, would you do it? I think most rational parents would never do such an evil thing. But this is exactly what out governments are doing to us. They are borrowing money they never have to repay and as a result our currency get devalued. I Live in Canada and food in the last decade here as easily doubled and the packaging as shrunk, true example of shrinkflation. The Canadian taxpayers federation is a non profit citizens advocacy group dedicated to lower taxes, less waste and accountable government. This organization has shown that Canadians work until the middle of June before they start earning money for themselves. In my country they are referring to this as Tax freedom day. This encompasses income tax , sales tax, property tax and any other tax we are saddled with. My point is these taxes are used to pay a portion of the interest on all this debt and it's a drop in the bucket. Governments don't care if the debt is ever paid. So where does this leave us? Why am I rambling on? I want to know when will we collectively get mad? When will everyone understand how we are being systematically robbed and cheated? Will it be September that we need to work till before we start earning for ourselves, how about November, that's right 10 months of the year you will work for the government. Or how about we just let them decide what to do with all our income. That's called slavery. The sad reality is that any extortion of your income to taxes is slavery. As this debt bubble increases whether you like it or not our taxes will have to continue to rise in order to service the interest payments. So If anyone thinks they are immune to an ever increasing
tax freedom day you are unfortunately delusional. We need to stop being apathetic concerning these issues and be brave and turn our backs on them or we all will pay with our very tax dollars the chains and walls that will hold us to an unruly dictator. We can't change a broken system. Fortunately we are seeing an uprising against this system and that's the crypto currencies. But that's another discussion
Thanks for Listening
Sean

http://theeconomiccollapseblog.com/archives/the-world-is-now-217000000000000-in-debt-and-the-global-elite-like-it-that-way