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RE: Canada Is A Ticking TIME BOMB? How Debt Is About To DESTROY The Economy!

in #money6 years ago

It's amazing how much debt the Canadians have. I always thought they were doing pretty good up there. However, these debt problems are not exclusive to canada. The US owes more money than there is in existance. The EU and Japan not only buy up their own government debt but private debt too. We're all running to the top of a burning building and the fire is catching up.

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Also some central-banks in european countries move some debts from goverments that they then never pay back, basically printing more money.