The Problem With DEBT

 DEBT HAS TO BE PAID BACK!

Easy payments to start ....

If your MasterCard is maxed out, how long can you use your VISA to make the payment?

That’s not a joke. That’s Canada’s financial plan.

So what now?

We are now a country borrowing money just to pay interest on the money we have already borrowed.

The federal deficit this year is nearly equal to the interest payments alone. That means we’re not reducing our debt we’re just treading water, praying the storm doesn’t come. And it’s not just Ottawa. Provinces are swimming in red ink. Municipalities like Nanaimo are raising taxes just to keep the lights on while wages and spending continue to soar.

Meanwhile, Canadian households are maxed out, too. Consumer debt is through the roof, housing is unaffordable, and people use credit just to buy groceries every day. The government says, “Inflation is under control.” Walk into a grocery store and tell me that.

All this while our media smiles and assures us “there’s nothing to worry about”—parroting press releases like they’re investigative journalism.

But here’s the truth:

Canada isn’t broke. We’re just maxed out—and pretending the bill won’t come.

This isn’t fearmongering. It’s math. And anyone who’s ever juggled bills knows how this ends.

We need citizens who are willing to face uncomfortable truths. We need elected leaders who can do basic arithmetic. And we need a media that serves the public, not the press secretary.

Most of all, we need to stop pretending. The sooner we face it, the sooner we can fix it.



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