The CRASH Is Coming! – Canadian Federal Government “Market Debt” Reaches 1 Trillion Dollars!

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of Federal government “market debt” in Canada reaching 1 trillion dollars. Now, as John explains, this isn’t just “market debt” this is debt owed and debt that the government is simply paying the interest on. When you only pay the interest on the debt, you likely aren’t planning on paying off the debt itself. That’s where the panic is truly coming from as interest rates rise.

On top of that, the debt comes from ridiculous sources. Out of this world currency creation, fractional reserve lending, insane government spending. It all has to topple down eventually, it’s just a matter of when. Of course the fundamentals are off the table due to the level of manipulation in the monetary system and the markets so we cannot put a date on it, but we know the crash will inevitably happen.
All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024AD in China.

Interestingly enough, all the warning signs are popping up as The Bank For International Settlements warned recently that Canada is one of 3 economies (alongside China and Hong Kong) most likely to see a banking crisis in the coming years. Household debt recently reached 1.8 trillion dollars as well. To top that all off, Canadians are being taxed to death.
From the income tax to the property tax. The GST, PST, in many cases the MST. Business taxes, capital gains taxes, eco taxes, carbon taxes (which are taxes on generally every single product in stores) and of course the hidden tax of inflation as prices skyrocket everywhere while wages stay below the inflation line as government forces regulations on businesses knocking small businesses and employers out of the market while propping up major monopolies.

Trudeau is just the beginning. Government’s specialty is extortion and a populace in debt is a populace in servitude.

Stay tuned as we continue to cover this incredibly important issue.

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

Visit us at www.WorldAlternativeMedia.com

LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/

Follow us on Twitter here:
https://twitter.com/WorldAltMedia

FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson

BUY JOHN SNEISEN’S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1

DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!

Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072

BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU

Buy Tickets for G. Edward Griffin’s much anticipated Red Pill Expo 2018 in Spokane, Washington by clicking the link below:
https://redpillexpo.org/wam/ref/26/

World Alternative Media
2018

“Find the truth, be the change!”

(1788)

About The Author
-

29 Comments

  • northstar10
    Reply

    when the stuff hits the fan —who would you rather be ——-the guy who owes money or the guy who has to collect it

  • watcher on the wall
    Reply

    when a banker buys the debt it also hold the asset that was used to create that debt so in a default situation ….. the bank owns the asset …question is …what assets country wide are used as collateral for that debt …. i love to buy debt … especially in this economy … its a win win .. the person who is stupid is the one who borrows in the first place … your government is selling you out , selling your country to loan sharks , the day you cant pay is the day you loose federally held land and all assets associated with it … DRINK THAT IN !

  • The Island Retreat
    Reply

    What are you guys staying in Winnipeg for? An economic hiccup in winter, and you guys will freeze without power and gas. Come west ! And I don’t mean Vancouver ….

  • Schlau Urheber
    Reply

    What’s the answer to the ‘purposeful-indebtedness’ brought upon the nations of Canada and the USA? As time marches on and the abominable power elite’s (PE) stay in their position’s of authority, the people of the North American continent will become enslaved by their own governments that are working lock-step with the big banker’s NWO Agenda. This is exactly WHY there is now a colossal push to remove guns of any type from the hands of citizens of Canada and USA. Power comes from numbers, i.e., the citizen’s who number multiple millions. The ruling elites (PE) in Canada are very few in number, far less than a thousand. Those PE in the USA are 535 plus the 9 on the unSupreme Court and the few in the inJustice Dept. These nationhood-hating PE’s can easily be removed by the people. But it takes resolve; resolve to not be enslaved and murdered by the un-Constitutional Armed Civilian Forces of the PE (CIA/FBI/DHS+locally recruited criminals in uniforms who have placed themselves above the Law of the Land). Where there is no resolve to live free, then loss of life and enslavement take over. It has always been a choice for those in Canada,Britain/USA/Australia: to fight for life, or to flee in indignation’s cowardliness and die a slave.

  • parkerbohnn
    Reply

    Canada has become a country where the Chinese cheat the financial system and the Pakis bilk the financial system. The Chinese do everything to avoid paying tax and all the taxes go to the Pakis on welfare. No wonder Canada has had it!

  • miriam kucera
    Reply

    You are just can’t let go from paper money! You are fool! You get everything back ! You are like two Sturges ??

  • james tapp
    Reply

    The Shadow Government use Empty Suits like Obama and Trudeau. They have an Agenda and don’t care what happens to you. Live under the bridge for all they care. George Soros and others want you DEAD.

  • D Ishappywithlife
    Reply

    People have to understand it’s not only Canada’s ?? problem. All most ever country in the world owes major money. We’re all interconnected, in terms of trading and owing each other. It will take a trigger somewhere in the world to collapse one bank somewhere, and all banking systems will fail. Except it will be10 times worse; because all the governments did in the 2008 crisis, was bail out banks. They basically but a bandage on a HUGE problem. inflating a 2008 bubble, when in reality, the banks should have let it fall in 2008, starting a reset. The problem is bigger now, and we owe way more money. The globe is screwed!!!

  • Milton Friedman
    Reply

    I have been watching this “coming crash” for like 10 years. It’s become clickbait now.
    I don’t disagree that there are financial issues and I’ve worked to reduce my personal debt but honestly guys.
    Enough with the “end times” titles.

  • ap0lmc
    Reply

    This is Trudeau’s fault his spending attitude is insane. “The budget will balance itself” Trudeau spending money on expanding government by having sensitivity training for transgender, gays, and alternate genders is very costly and him wanting to fund a ISIS re-socialization program of 35 million is a slap on citizens faces. So many programs Trudeau has created that makes citizens second class citizens it’s insane.

  • Leia Inniss
    Reply

    It absolutely has to do with the leadership. They are the country’s gate-keeper. The Deep State can do nothing without their help.

  • wawaldi
    Reply

    The canadian government must have hurt you guys so much ..All you video portray Canadian government as evil but just look around and see how many poor people wouldn’t live without government..There are hundreds of thousands people unable to support themself ..You want them killed..??? Because without government they will die..

  • John Mills
    Reply

    Anyone who still has their head in the sand with respect to Justin Trudeau,
    better WAKE UP !!
    Justin Trudeau has to GO BYE BYE IN 2019 !!
    Justin is the end product of Pierre and Margaret’s poor parenting strategy !!

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>