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

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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.

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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