Why Canada is Bankrupt by Georgi Stankov Posted on March 13, 2015 by Georgi Stankov, March 13, 2015 http://ift.tt/1c5zjlk One does not need to study Canada’s national statistics to notice immediately that this country is bankrupt – the government, the corporations and all the citizens. You can see it everywhere, in the exorbitant unemployment among young people, in the lack of any producing industry, in the omnipresent overhead of tertiary service businesses that do not make any economic sense. It is a real conundrum as to how this country generates its national wealth. Surely not from investing in real estate by building Potemkin’s houses with cheap gyprock (plasterboard) that rotten with black mould a few years after construction.
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