Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Recession drags rising number of Albertans into financial ruin

flamesfever · 08-02-2016, 11:35 PM

I think, to some degree, we are all victimized by the relentless advertising on tv, radio, e-mail, newspapers, magazines, Facebook, etc. Is it any wonder that we become programmed to spend...spend...spend? Besides lack of education, I think this is one of the driving forces in keeping people poor. It never ceases to amaze me in seeing the endless flow of people into stores like Walmart. I say to myself, "Where does all the money come from?..these people don't look that affluent."

Just look at our government's efforts to stimulate the economy by spending money that they don't have, and printing money with nothing to back it up. Are we not a mirror of our government, or the other way around? And how are our children or grandchildren going to pay it back?

I went to a seminar a month ago, and it was expressed that, in view of our present situation of low interest rates and a faltering world economy, the only way out was to continue to print money and put it in the hands of those who spend it. In this regard it was expressed that the minimum wage should be raised as soon as possible. Does this not jive with recent moves by governments?

There's no doubt in my mind that we are locked into and age of rampant consumerism coupled with materialism. And who knows where it will take us.

08-02-2016, 11:35 PM	#119
flamesfever First Line Centre Join Date: Aug 2004 Exp:	I think, to some degree, we are all victimized by the relentless advertising on tv, radio, e-mail, newspapers, magazines, Facebook, etc. Is it any wonder that we become programmed to spend...spend...spend? Besides lack of education, I think this is one of the driving forces in keeping people poor. It never ceases to amaze me in seeing the endless flow of people into stores like Walmart. I say to myself, "Where does all the money come from?..these people don't look that affluent." Just look at our government's efforts to stimulate the economy by spending money that they don't have, and printing money with nothing to back it up. Are we not a mirror of our government, or the other way around? And how are our children or grandchildren going to pay it back? I went to a seminar a month ago, and it was expressed that, in view of our present situation of low interest rates and a faltering world economy, the only way out was to continue to print money and put it in the hands of those who spend it. In this regard it was expressed that the minimum wage should be raised as soon as possible. Does this not jive with recent moves by governments? There's no doubt in my mind that we are locked into and age of rampant consumerism coupled with materialism. And who knows where it will take us.