Debt Rattle July 7 2017
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Home › Forums › The Automatic Earth Forum › Debt Rattle July 7 2017
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[See the full post at: Debt Rattle July 7 2017]
“The borrowing and spending binge by Canadian households, businesses and governments (all levels) continues unabated. Growing the debt in the economy significantly faster than the economy itself grows seems to have developed into a way of life in Canada.”
Canadian total (household, business, and all levels of government) debt numbers as of the end of March, 2017
https://owecanada.blogspot.ca/2017/06/canadian-total-household-business-and.html
I find the following chart absolutely hilarious. Anyone can see where it is heading to.
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