Solar Farms

[cropgrower]

big crash coming , all planned , the simple minded chucks will be very happy when they own notting , they will get what they vote for

[LEP]

The US in 2022 had a far higher debt to GDP ratio at 112% compared to Canada's 86%. It's gotten worse in the US since then!


Higher taxes and inflation are coming. This is how investors should prepare for it


George Athanassakos ([url]https://www.theglobeandmail.com/authors/george-athanassakos/[/url])

"Some figures from Canadian and U.S. government sources help put this into perspective. In 2000, Canada’s public debt was US$426-billion, public debt per person was US$13,948 and public debt-to-GDP was 59 per cent. The corresponding figures for the United States were US$5.7-trillion, US$20,836 and 31.2 per cent, respectively.

Fast forward to 2022. Canada’s public debt had risen to US$1.67-trillion, public debt per person had more than doubled to US$41,794, and public debt-to-GDP stood at 86 per cent. The picture in the U.S. was staggering, with public debt at US$30.27-trillion, US$93,518 in public debt per person and public debt-to-GDP at 112 per cent. And public debt outstanding has risen further since then in the U.S., while it has improved somewhat in Canada, but still remains at historically high levels.

No matter how you look at it, public debt and public debt per person have skyrocketed around the globe, particularly in advanced economies – this does not include private debt, which has also exploded. And all this is happening while luxury home and luxury car sales are booming, according to recent reports by The Agency and Scotiabank, respectively. Result: wealthy citizens, but not-so-wealthy countries.

Economies and countries around the world have now reached a wall. Public debt cannot continue to climb in this fashion – especially in times of economic prosperity. Governments know this. But does it matter that governments have too much debt on their balance sheets? Yes, it does. Higher debt levels increase the risk of fiscal crises (what if there is a recession?) and hurt economic growth. Public debt must be paid down."

Yes. Debt levels matter. What Prime Minister added more debt than all previous governments since confederation combined?

Chucks pick. That who.

Of Chuck's response will be but but Trump.

[furrowtickler]

Chucks pick aided and abetted Trudeau , then behind closed doors held the liberals hostage to keep immigration numbers astronomically high in return for not calling an election
that’s who Chuck voted for…. Singh

[rumrocks]

Canada's dark decade, corruption was hid in plain sight and because it was obvious it must be legal, so the fools kept voting for it.

[AlbertaFarmer5]

Chuck is part of the destruction, just not very successful!

That is the one redeeming feature of the left. At least they are incompetent.
They're equally inept at destroying things as they are at creating anything productive.

[TSIPP]

Totally true

[furrowtickler]

That is the one redeeming feature of the left. At least they are incompetent.
They're equally inept at destroying things as they are at creating anything productive.

very well said

[chuckChuck]

Trump is not on the left and he is driving up the debt and deficit to a far greater extent than the Liberals.

But of course the far right Trump lovers and ass kissers won't acknowledge his record or the disaster he is creating.

Canada looks very good in comparison to Trump's undemocratic shit show.

Trump looks very much like he is following Putin's and Kim Jong Un's playbook.

[Grain Farmer]

Trump is not on the left and he is driving up the debt and deficit to a far greater extent than the Liberals.

But of course the far right Trump lovers and ass kissers won't acknowledge his record or the disaster he is creating.

Canada looks very good in comparison to Trump's undemocratic shit show.

Trump looks very much like he is following Putin's and Kim Jong Un's playbook.

You haven't seen Carney's No budget?

[fjlip]

Let's buy Subs, ice breakers, fighter jets and send Ukraine 22 billion...all DEBT added to our children/grandchildren! We are phucked!