Thread 514730981

Canada can't pay it's debt anymore

>>514730981 (OP)
1 million more Indians will fix this

investment like billions to the gun confiscation program

>>514730981 (OP)
Neither can France and Germany.
USA can't pay it either but they don't even give a fuck about it anymore.

The west has been destroyed by the shitskin invasion.

>>514730981 (OP)
Just fuck my shit up

Kevin from KMG show still can't get his old age pension for almost 5 years.

national debt is such a strange concept

>>514730981 (OP)
Good, that hyper-liberal shithole can burn for all anyone cares. Cuck nations do not deserve existence

>>514731336
Ask your local rabbi what it means

>>514731336
>national debt is such a strange concept
It's easy to understand.
1. You imported worthless shitskins and pay for their welfare. You always operate with a budget deficit which turns into national debt.
2. You now have 100 bajillion worth of debt.

3. Option A: you cut back on the budget, kick out the shitskins, and pay back 5% of your debt, so you will only have 95 bajillion debt next year.
3. Option B: you inflate the currency by 5%. The government is happy because they don't have to do budget cuts. Shitskins are happy because they are being fed with taxpayer money. Everyone who actually works for their money is now 5% poorer, because everything costs 5% more. However, your debt is now only worth 95 bajillion by last year's prices.

4. Continue inflating your national debt (and your currency) at the same time so you don't bankrupt the country, while destroying living standards for everyone. But at least it looks good on paper that you don't have to cut back on funding.

>>514731336
Shadow government prays to Moloch for certain favors -> He demands a sacrifice in debt

Funny how the whole western world is slowly getting the Greek austerity treatment. Nothing was done to fix the systemic problems they only delayed it.

>>514730981 (OP)
Stop paying the wages of immigrants, stop giving any money to any foreigners in this country whatsoever. Stop spending hundreds of billions of dollars on graft to fake charities and NGOs.

Why are all Western government like clock work rapidly speading and money printing like crazy

>>514732122
they're afraid of russia/china so they're trying to boost defense spending but the economy is fucked so they have to take massive debt

>>514731335
That's because he hasn't filed his taxes since 2004

T. knower

>>514731121
*trillion

>>514732755
I wonder how many people they are sandbagging like that. Could just be a trick to push the retirement age to 70. Do you think they will give him back pay for the 5 years he didn't get it?

>>514730981 (OP)
FUCK LIBERAL RETARD SCUMBAGS

>>514732115
But anon, those are my friends and family!

>>514731121
SAAR! How much room does Brampton have left?

>>514732122
Bankrupting all western countries simultaneously, making a bailout so expensive that only a joint effort of the finest banking and tech cabalists can afford it. To implement the required spending plan and ensure better efficiency, a "temporary" united government led by Schwab himself is installed.

>>514731789
> You imported worthless shitskins and pay for their welfare
do you think that money suddenly evaporates as soon as it gets into shitskin hands?
a government incurs debt from spending more than they get back in taxes, which only happens if people/corporations/foreign entities hoard wealth so that it doesn't circulate and generate tax revenue.

>>514732122
Late stage capitalism

>>514732989
>Do you think they will give him back pay

He's been doing tax evasion for 20 years, I would say he might as well turn himself in and retire to a cell but they wouldn't let him continue drinking himself to death.

>>514733282
It also happens if the government is forced to spend incredible amount of money on healthcare and welfare so people don't die/starve to death.
This was already bad because of the aging of the population, but it was made twice as bad when worthless shitskins were imported by the millions and given free homes and €3000 per month per child for absolutely nothing while they don't work and so don't generate taxes.

>>514731789
Realistically, how long can this system continue without total collapse?

>>514733122
schwab won’t be in the picture. they used him up and discarded him. this is definitely a coordinated effort to siphon off the remaining wealth through printing and purchasing assets while simultaneously making everyone poor. digital biometric identification and central bank digital currency is just around the corner

>>514733573
>It also happens if the government is forced to spend incredible amount of money on healthcare and welfare
which pays salaries, and for goods and services to provide that healthcare... circulating and generating tax revenue...
you don't understand. paying welfare to people who don't have an income forces them to spend said welfare, generating tax revenue.

>>514731336
Its just round about taxation by reducing the value of money

>>514730981 (OP)
>Libshits: if you vote conservative, you'll get austerity

How does this retarded country keep falling for such low-grade bullshit from a party that's been in power for over a decade (while making everything objectively worse)?

>>514731789
>kick out the shitskins

So be more racist
Yeah thats what this world needs

>>514730981 (OP)
>Hire a WEFnigger and expect anything different

>>514730981 (OP)
Canada is not a real country

>>514730981 (OP)
>pay it's debt
Just ignore it like we do. America has been in massive debt for decades.

>>514730981 (OP)
You should probably import more jeets.

>>514731277
Digits confirm.

>>514733282
>which only happens if people/corporations/foreign entities hoard wealth

Are you obligated to sell your home after a specific amount of time?

Are you obligated to spend the money you've earned in a specific amount of time?

If we simply had money with an expiration date of say, 2 weeks time. Then spending would circulate like fucking crazy. Do you think people would be better off?

>>514733728
Banks as they are do not exhibit the same suicidal empathy as politicians, they want to stay in control, they will not allow full replacement

>>514733806
>noo I'm entitled to live in your country because I'm brown!!!

>>514731789
Don't forget
>shut down domestic manufacturing and run a huge trade deficit for multiple generations

>>514730981 (OP)
is this what he meant by elbows up

>>514733806
This but unironically

>>514733806
>Yeah thats what this world needs
That's exactly what the world needs.

>>514733663
Until September 17th.

>>514733282
>what is remittance
multiple generations of capital flight can be a problem

>>514731789
Option A is the only moral option.

>>514733282
>saving money is hoarding wealth
Holy shit you're retarded

>>514730981 (OP)
>in upcoming fall budget
Interesting, aren't federal budgets usually presented early in the year? Didn't the Prime Minister say today that Canada's federal spending has increased 8% year-over-year for 10 straight years? Remember back 15 years ago, when a Cabinet Minister used to resign over expensing a $16 glass of orange juice?

>>514734100
>Are you obligated to sell your home after a specific amount of time?
no, but the money spent to buy the house will still circulate, and generate tax revenue. if the money isn't in cash it can still circulate, regardless of what asset was bought.
>Are you obligated to spend the money you've earned in a specific amount of time?
there's no obligation, but understand that if the money is sitting in a bank it is not generating tax revenue, and has been effectively removed from circulation. same difference if the money is locked up in foreign reserves. helicopter money needs to be introduced into the system to keep the economy going.

>>514733772
>broken windows
wew lad

>>514730981 (OP)
lol.
he was a proponent of endless borrowing while head of the bank of england. And you canuck fucks were warned.

>>514733806
Your here forever

>>514734392
you're the retard who needs to learn what liquidity traps are.

they stop the economy for covid ramped up the gibs to level where you dont need to work anymore if you are poor to atract outsiders literal ghost people with no background. most of them from country you would never want to set foot in but somehow its a blessing. the banks are destroying evrything so they can stay in control.

>>514730981 (OP)
thought this guy was supposed to be good with money

>>514732122
We're reaching global unsolvability of international debt and the entire system is basically kept alive by promises of eventual payment of aforementioned debt, which arent possible without massive loans that incur exponentially more debt.

Basically, we're about to reach the mathematical limit of what can ever be realistically repaid, regardless of any potential solution except the total absolution of all debts, which (((they))) will never allow because its paramount to abandoning their stranglehold on the world and ergo, the admittance that they will never rule the world. The kikes will indenture the entire world forevermore before they ever let go of the reins, because any alternative is paramount to total ahnihilation of their power structure.

>>514730981 (OP)
This is primarily to find ways to fund the 5% defence spending.
There’s also massive problems with OAS and the size of the public service among other things. But mostly they’re going to be spending a fuck ton on the military

>>514734944
>thinking the wealthy hoard cash at 2%/year
We doubled M1 over two years starting in 2020 and went to >10% inflation. How'd all that liquidity work out nigger?

>>514735569
>military spending
You niggers have been riding free for 80 years. Pay debnts

>>514731121
It is the sad state of ALL parties in Canada.
They just want to be the King of the Debt Slaves. They don't care about you as long as they can extract your wealth.

>>514730981 (OP)
Hmm, have they thought about mass immigration?

>>514735948
Well, to be frank, our military budget used to be stickers for our vehicles that said
>we are not with them

>>514735948
Excuse yourself? We have helped you out countless times. Need I remind you:
>Canada to participate in United States-led Operation PROSPERITY GUARDIAN
>December 19, 2023
>Today, the Honourable Bill Blair, Minister of National Defence, announced that Canada will participate in Combined Maritime Forces’ (CMF) Op PROSPERITY GUARDIAN, a United States-led operation announced by the Secretary of Defense, Lloyd J. Austin III.
>The Canadian Armed Forces are deploying 3 staff officers to support the operation.
That's just one recent example.

>>514732007
Systemic Austerity for the welfare state IS the proper response though. This is a problem created exclusively by the public.
In all major welfare states besides Canada, the programs are funded by taxes on "small" contributions from everyone on basic transactions like a paycheck or administrative fees. These are tuned based on how many expected dependants you have vs how many workers. So good so far right?
Well the voters have failed to do anything about the workforce side of the equation declining for DECADES. They could've increased taxes on themselves, raised the retirement age, changed who could access it, actually have children, etc. They did fucking nothing and shouted about how they actually deserve more.
Now the system isn't functioning and the exact people getting punished are the ones who did the most to destroy it. The boomers. Especially Euro boomers who often didn't have kids and fueled this entire invasion over those very pensions.
They could've done so much to avoid this. And the issues were raised, as a normal political matter. They made the conscious decisions to delay and ignore the problems or even make them worse.

>>514736056
That’s every western country. All just economic zones for Jewish billionaires to extract wealth from.

im sure the problem is the dumb poor people with no power and not the powerful people who print fake money and control everything yea

>>514736676
The federal spending problems in all western styled countries actually are.
Boomers who didn't pay in what the actual buildouts of their retirements were going to be. And a refusal to even acknowledge that. Across all of them.
Just look at what dominates the budgets?

>>514731789
Option B is even worse than it appears on the surface because the only jobs that keep up with inflation are government jobs, so people start trying to get into the government and the government keeps hiring more people because infinite jeets draining resources requires infinite administration. You then get a self sustaining feedback loop of unproductivity and you keep having to print infinite money to fund government operations.

25% of canada's workforce is involved with the government in one form or another.

>>514730981 (OP)
based comrade trump accelerating the fall of the west

>>514736676
Disposing of the perennially unemployed would be nothing but a net positive for any society

I wish I had a crystal ball that looks 10 years into the future, what state is Canada going to be in?

>>514737374
Picture Bangalore with 6 feet of snow.

>>514736524
>and the exact people getting punished are the ones who did the most to destroy it.


Oh yeah the boomers who lived up the good times and are now at the end of their life might suffer a little bit if they can't bring themselves to divest their enormous wealth in hard assets. Meanwhile two entire generations of men have gone down the drain, they will not marry, will not father any children, will not own property, won't even work it seems like now. But no, it's the boomers that are suffering.

>>514735569
>fund the 5% defence spending
Which is hilarious because we couldn't even meet the 2% requirement.

>>514730981 (OP)
austerity for whites. investment for indians. remember to keep crying about it.

>>514731121
yes sell more diploma mills

>>514737523
>>they will not marry, will not father any children, will not own property
All of that exists solely because the welfare state does. The welfare state largely funnels towards women (think about it, they live longer, so more checks and healthcare).
If that dies you have a larger chunk of real wages while the other half lost a huge portion of their retirement. Women would be much poorer if they actually had to plan for old age.

>>514737075
the federal spending problem is fake, like the money behind it. the system is working as intended and benefitting the wealthy and powerful who designed and control it

>>514737344
unemployed people getting jobs would be a greater net benefit to any society

>>514730981 (OP)
He looks like the canadian tire money man rofl

>>514733099
Don't worry we will just stalk the Indians on top of each other.

>>514732122
Boomers squeezing out all remaining value before they croak.