
I'm going to start focusing the majority of my posts on Canada, and how this economic collapse will affect the Canadian economy.
I've found a few things tonight
The Hour featuring David Chilton, author of the book, "The Wealthy Barber"
He comes off as most successful businessmen do, smug and slightly arrogant, but he does make a good point of mentioning the necessity of staying out of debt.
Staying out of debt is going to be essencial to your survival in the next ten years. Gerald Celente, one of the foremost economists in New York, believes this depression might take about 20 years to run its course, and whether in that time a revolution happens or not the monetary system, doomed as it may be, will still be in effect for the majority of our lifetime. To get deeper into debt is probably the quickest way of losing your home and your job and winding up a begger. Spend within your means, don't go crazy and think that you can actually afford a big screen tv or a new car. What you really should be concerned about is how much it's going to cost for a loaf of bread in five years.
I got a post from Kay O'Sweaver as well, he put me on to a very thourough but condensed film about the monetary system: Money as Debt
This film is fantastic, a step by step explanation of how money was created, and so well laid out an elementary school student could follow it. No small wonder that none of us ever saw videos like this in school. Another example of how we have never actually lived in a democracy at any point in our lives.
One thing I really wanted to say tonight is how fortunate we are to live in a nation such as Canada. The difference between the legitimacy of our media vs. the States, even the UK, is MIND BOGGLING. They can't even call this a depression in the States, they keep refering to it as a downturn or a lull or a dry period. It's all pretty sad, and really makes me appreciate living in a country where the news can get to its citizens at least somewhat unbiased. At least here the government controls the media, not a cartell of networks and political puppets.
Lastly, keep an eye on Stephen Harper. His battle plan includes meeting with G20 and first fixing the broken banks (think more like a junkie having one last hit) and maintaining free trade, which may help keep food coming in and out of the country.
Ugh...times flies
Nite
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