• Canadians now have more than $2 trillion in debt – Business Insider
    Jun01

    Canadians now have more than $2 trillion in debt – Business Insider

    The latest Bank of Canada tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. By Kaitlin Last, Better Dwelling All of those government warnings about Canadian debt apparently had zero impact. The latest Bank of Canada (BoC) tally on consumer debt shows Canadians didn’t slow down the rate they accumulated debt, they actually started acquiring it faster. Both...

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    $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode | Zero Hedge
    Mar13

    $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode | Zero Hedge

    “Instead of taking our pain in the short-term, we have sold future generations as debt slaves… The best that our leaders can do for now is to keep the bubble alive for as long as possible, because what comes after the bubble is gone will be absolutely unthinkable.” by Tyler Durden Authored by Michael Snyder via The Economic Collapse blog, According to the International Monetary Fund, global debt has grown to a...

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    Debt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven’t Done In Almost 7 Years | The Economic Collapse
    Feb06

    Debt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven’t Done In Almost 7 Years | The Economic Collapse

    Are You Prepared For The Coming Economic Collapse And The Next Great Depression? By Michael Snyder When debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go bad at some point.  We witnessed a perfect example of this in 2008, and now it is starting to happen again.  Commercial bankruptcies have been rising on a year-over-year basis since late 2015, and this...

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    Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way | The Economic Collapse
    Nov24

    Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way | The Economic Collapse

    Could you survive on just $2.50 a day?  According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less. By Michael Snyder Could you survive on just $2.50 a day?  According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less.  Meanwhile, those hoarding wealth at the very top of the global...

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    $8,314,529,850,339.07: Debt Up $70,612.91 Per Household in Obama’s First 7 Years
    Jan27

    $8,314,529,850,339.07: Debt Up $70,612.91 Per Household in Obama’s First 7 Years

    (AP Photo/Charles Dharapak)(CNSNews.com) – The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in office, according to official data published by the U.S. Treasury. By Terence P. Jeffrey (CNSNews.com) – The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in office, according to official data...

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