Average Canadian family’s debt hits $100,000
Feb 17th 2011
An article in the paper today is indicating that now the average Canadian family debt is now at $100,000.00 where the
“debt-to-income ratio is 150 per cent, meaning that for every $1,000 in after-tax income they make, Canadian families owe $1,500.00”
My Question is that is this supposed to be allot of money or something? What is interesting is that this is now making news when what should have made news in the first place is the phenomenon of Debt in itself. Obviously a number like 100,000.00 dollars shows the absurdity of the situation we are in, also this along side statistic after statistic showing this number perpetually rising year after year.
“In 1990, the average household debt was $56,800, the institute said, which means family debt has grown 78 per cent over the past two decades”
Whether the number is 100 thousand or 50 thousand or 10 thousand or 100 dollars there is no “amount of debt” of that is acceptable, and that is one of the primary points that is being missed. To have a system which utilize debt is in itself Deceptive and is a Crime Against Humanity. Not to mention a System based on Enslaving others. Yet we have accepted Debt as a normal way of life and something that is supposed to be Here.
It has become so ingrained within us that debt is just a normal part of the money system…and in fact, to such a degree where we now ‘spend’ all of our attention on ways and solutions to minimize
debt and miss the point completely of changing the actual system in itself which consist of rules and relationships which allow for the debt to exist. We not only have blindly accepted debt as part of our world, but we have even more blindly accepted the Money system as a whole as a part of our world from the perspective of it being unchangeable, so entrenched within our world that “it is just so” where we simply have accepted the point of “making the best of it” (minimizing debt) instead of actually questioning the system as a whole (changing the very rules of how money works?)
Well Here is an interesting proposal…An Equal Money System. Imagine, finishing high school, picking the college/University you would like to go to, selecting your area of interest, spending the next 4 to 6 years or how ever long it takes to acquire that education, and having it all done for FREE, and available to each one on earth, There is not need actually to charge money for it – we only believe this as this is how it works in a capitalistic system. Now it is just basic common sense that this will support the emergence of a more ‘educated population’ as now all have access to education, no matter what culture no matter where you are born, as this is simply part of the equation within “An Equal Money System. Or you can decide you like it the way it is where you owe in debt from anywhere between 10,000.00 to as much as 100,000.00 dollars by the time you are finished your education, not to mention a world that is fixated on getting every last dollar out of your pocket if you are not looking, as everyone is stuck in the same situation of debt and now pushing the limits of what they will do, just to point the flow of money into their direction.
So Suggest to investigate an equal money system and join us at http://www.equalmoney.org as we propose a solution which will End ALL Debt once and for ever more, no more accepting and allowing the deception of Debt to creep its way back into this world, but rather placing a New World System and Economic System through democratic political actions where we base our world management on Equality and What is Best For ALL, rather than what it is currently based on which is Greed, and Self Interest.
So Suggest to Support yourself and support this world by Studying what is presented Here at http://www.equalmoney.org so that when the time comes to Cast your Vote – You Stand One Vote for that which actually supports life and the expression of this earth and all on it, and Stand One Vote For An Equal Money System, and a world that is best for all.