Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about a recent development published by the Financial Post regarding something we at WAM have spoken about for years. Canada is on the verge of a MAJOR financial crisis!
As the Liberal government accumulates more debt in their first year than Harper did in 8, it’s important to break down exactly why that is.
According to Trading Economics, the data for debt to GDP hasn’t been reported since December 2015. The credit to GDP shows alarming numbers as well, but there’s no saying exactly how deep in debt Canada currently is.
However, the spending vs quantitative easing shows that Canada is on a fast track towards a socialist death spiral, spinning out of control at a rate that beats nearly every other country in the world.
While Finance Minister Bill Morneau shows himself to be unable to understand the most basic of economics, something we at WAM saw first hand when we confronted him on Canada selling off all of the remaining gold, it’s more than likely that Canada’s monetary system is being controlled by globalist counterparts at the UN and through the global central banking system.
In this video John Sneisen breaks down how Canada’s economy is in an epic crisis and how the dollar will eventually crash, leaving fundamentals off the table due to the level of manipulation in both the monetary system and the markets.
We will continue to report on this as it develops. Stay tuned!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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