Canada is experiencing low economic growth, just like almost every industrialized country.
Income inequality and debt are rising, and the disconnect between elites at the top of government and everyone else is getting bigger by the day.
Half of Canadians are living paycheque to paycheque, with many more just barely one paycheque away from disaster.
The combo of riding debt and people on the brink of crisis is a huge problem, and puts our economy at massive risk.
These problems show that the Canadian economy is much worse than it seems
This means that below the surface numbers – which are bad enough – things are even worse. Economic collapses pick up steam quickly – a seemingly stable economy can begin to fall apart in days.
It is simply unacceptable and unsustainable for half of an entire workforce to be one unlucky break away from falling into disaster and potential poverty. It represents a complete and fundamental failure at the core of our system.
Unfortunately, too many politicians fail to see that the same old approach of making minor tweaks around the edges of the failing system won’t do anything to help.
We know the truth: So long as our governments continue to operate in a control-mindset, rather than an empowerment-mindset, the economy will move closer and closer to disaster.