Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Retirement a distant dream for many Canadians

Young-Sneezy · 09-13-2011, 02:14 AM

I agree that Canadian debt is outrageous..i think its a combination of people taking for granted both how difficult it is to pay debt back, and a lack of investment diversification i.e., losing their shirts at a moments notice of economic hardship. look at the fact that new graduates struggle to get jobs, largely in part to fluctuating economic climate essentially causing baby boomers to continue working now that investment times are tricky

i just think that stat picks apart a very small segment to grab readers attention...like you said, the mid 40's with a boat and a truck and toys are likely the people who make up a SOLID portion of the people in serious debt in canada. it is effective though.

thats why i keep all of my money in a big sack with a dollar sign on it, under mah bed.

09-13-2011, 02:14 AM	#6
Young-Sneezy Powerplay Quarterback Join Date: Nov 2006 Location: In the cut, in the cut Exp:	I agree that Canadian debt is outrageous..i think its a combination of people taking for granted both how difficult it is to pay debt back, and a lack of investment diversification i.e., losing their shirts at a moments notice of economic hardship. look at the fact that new graduates struggle to get jobs, largely in part to fluctuating economic climate essentially causing baby boomers to continue working now that investment times are tricky i just think that stat picks apart a very small segment to grab readers attention...like you said, the mid 40's with a boat and a truck and toys are likely the people who make up a SOLID portion of the people in serious debt in canada. it is effective though. thats why i keep all of my money in a big sack with a dollar sign on it, under mah bed.