Canada got a relatively mild GFC in 2008… Will this time be worse?

by silvertomars

While implied and increasing interest costs are a major problem the root cause of why it is so devastating is that there is just too much debt and its time to pay the piper.

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Our culture is one of debt and an attitude that we all deserve everything right now. Forget about analysis of whether it is affordable,,, you deserve it. Get it.

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