Current Canadian National debt, ~$692 billion dollars or $19,771 per person. The debt is set to grow to 1.3 trillion by the end of the year, or around ~$40,000 per person. Each year the federal government pays $25.9 billion in interest alone. Proof that having a sin number means you are in fact the opposite of a free person, rather a slave to a debt you didn't even agree to.
Many First world countries are in a similar situation.
Discuss.
bumpin with more ref memes
>>73875250
#MAGA
bump
>>73875250
>The debt is set to grow to 1.3 trillion by the end of the year, or around ~$40,000 per person.
Trudeau is a fucking scumbag stealing from the future.
Nigga, do you even into economics?
>>73875250
If you take out loans and a national debt, creditors will feel comfortable giving you an advance in good faith that your businesses and country will grow, helping out all involved by providing jobs and profits. Society decides that paying interest payments is worth the credit, of it wasn't, we'd lend and loan differently
>>73875250
Could YOU describe how we are 'slaves' to the National Debt?
>>73876647
Being born into debt simply for being a member of your nation, followed by taxation to the point where the rest of your income is spent on cost of living, fewer and fewer people retiring because they can't afford to. It is slavery, constantly working to pay off a debt that never shrinks
>>73875250
>debt
>meaningful to first world nations
Pick one and ONLY one.
Debt/deficits are virtually meaningless in the global economy for first world nations.
Even your lord and savior Trump knows this. Stop being an alarmist 1st year economics student.
>>73875250
its ok anon,you need mo money fo dem programs, its not those loans ever come due or anything.
>>73878958
Two kekkles for you, my poor ass greek friend.
>>73878726
That is a pretty asinine statement. Eventually all debts are called in. With China set to introduce the gold backed yuan, it will cause a collapse in the American economy, and by proxy ours as well. But ya know, keep on shit posting, gotta keep up the proud Canadian 4chan tradition.
>>73879294
some of us have been screaming about this shit as early as ~1995, have fun being an alarmist while the peasants gorge on the dole. Oh well at least you get to laugh at those same people jumping off roofs a couple of decades later.
>>73879449
Too many people lack foresight, when all we have to do is look at other nations that made the same mistakes we are making.
