It is NOT a coincidence the Rob Ford death hoax story was released on the same day Canadians went another level into the debt hole, according to the new 220;budget”. Where I live, I owe my share of $616 billion + $295 billion.
When we can’t pay the interest, we will be surrendering “official” control of our resources. Lake Ontario will be owned sold to Coca-Cola. Our highways will be sold to European elites. This WILL happen. It’s their money system.
A key question swirls around the budget’s bottom line — how big will the deficit be, and how long will it take to erase it?The Liberal election campaign promise was to run “moderate” deficits of no more than $10 billion a year for three years before balancing the books again. But last month Finance Minister Bill Morneau said the deficits will be much larger than expected.Morneau said the government will post a smaller than projected deficit of $2.3 billion for 2015-16, down from the $3-billion deficit projected in November’s fall fiscal update.But he said that deficit will balloon to $18.4 billion in 2016-17 and $15.5 billion in 2017-18 — and that is before any new budget spending.
Now some favorite distraction moments, while your pocket was being picked – NOTHING CHANGED!