The Not So Convenient Reality Behind Canada’s ILLUSION of Wealth!
One of the common descriptions of Canada is that its a wealthy country. What if we told you that isn’t true and it was all just an illusion? That’s right, Canada isn’t as wealthy as you’re made to believe. Over many years the Canadian government and Canadian citizens have accumulated massive amounts of debt creating this illusion of wealth. Debt isn’t always a bad thing but when there’s too much debt in an economy, it primes a the economy for collapse. And that’s exactly where Canada’s economy is today. In this video we cover the economic debacle of too much debt that Canada struggles with today
Check out more of our content!
Taxation:
Competition:
Homelessness:
Justin Trudeau:
How to Save Canada:
Canada Overview:
Canada Housing Bubble:
Canada Immigration:
00:00 Debt as far as the eye can see
00:45 The negative amortization illusion
01:29 This is why the banks are trying to cover up the truth!
02:00 The ugly reality everyone’s trying to ignore
02:41 Time to panic!
03:45 Investors need to make a tough choice
04:25 The real estate domino effect
04:41 Canada real estate is primed for disaster
05:59 Creeping unemployment
06:34 Booming population growth outpacing supply
07:29 The unemployed immigrant issue
07:50 Don’t forget about taxes!
08:39 Justin Trudeau’s government knows they screwed up
09:08 More taxes... What could go wrong?
10:11 Trudeau speaks from two sides of his mouth
10:53 The obvious reasons why this won’t work
11:30 And of course the average Canadian is the one that gets screwed over...
1 view
363
105
7 days ago 00:05:17 1
The Ultimate Email Extractor in 2024: YellowPages Scraper 🌎
7 days ago 00:02:22 1
Верное исполнение романса Сергея Рахманинова “Здесь хорошо“. Исполняет Юрий Гуляев, 1978 год