Canada MASSIVE DEBT Will Collapse the Economy as Canadians Can’t Pay Bills Without Credit!
The debt problem in Canada only seems to get worse. In fact, Canadians have some of the worst debt in the world for a country of its economic size. It’s not going to end well because all of this debt is securitized and sold off to investors. The borrowers will default and quickly cause a chain reaction. Not good.
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ℹ️Sources Used in This Video ℹ️
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Canadians warned to climb out of debt before it’s too late, as threat of cooling housing markets looms | Financial Post
http://business.financialpost.com/news/economy/dr-debt-warns-canadians-to-get-financial-houses-in-order
Canadians warned to climb out of debt before it’s too late, as threat of cooling housing markets looms | Financial Post
http://business.financialpost.com/news/economy/dr-debt-warns-canadians-to-get-financial-houses-in-order
fp0307_boc_rate_fed_individuals.png (641×286)
Greater Toronto home sales down 35% from February 2017, board says | CBC News
http://www.cbc.ca/news/canada/toronto/greater-toronto-home-sales-down-35-from-february-2017-board-says-1.4563773
More than 40% of Canadians feeling pinch of rising interest rates, up five percentage points | Financial Post
http://business.financialpost.com/personal-finance/rising-interest-rates-starting-to-pinch-more-canadians-poll-says
Canadian households ‘nowhere near prepared’ for higher rates, survey finds - Article - BNN
https://www.bnn.ca/canadian-households-nowhere-near-prepared-for-higher-rates-survey-finds-1.892780#_gus&_gucid=&_gup=twitter&_gsc=eFVtpMm
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Bank of Canada: Half of Canadian Real Estate Mortgages Will Renew By Next Year | Better Dwelling
https://betterdwelling.com/bank-of-canada-half-of-canadian-real-estate-mortgages-will-renew-by-next-year/
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Focus: Household Borrowing in Canada | Focus: Household Borrowing in Canada
https://cba.ca/household-borrowing-in-canada
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STOPCANADIANS are a bunch of slaves to the queen . You want real freedom northern cousins , then get rid of your MONARCHY ❗️