In this video, I talk with author and economic analyst John Sneisen about the recent warning by BIS (Bank For International Settlements) that Canada is one of the 3 most at risk economies in the world!
Alongside China and Hong Kong's economies, Canada is in danger of a massive banking crisis.
With maxed out credit cards and high debt levels, we're on the verge of the inevitable.
All fiat currencies eventually revert to their true value of zero. While the fundamentals are off the table due to the level of manipulation and it's impossible to put a date on the collapse, we know it has to happen which is why we need to warn people about the unthinkable debt levels and potential for inflation to go sky high.
Average Canadian household debt all together just reached 1.8 trillion dollars! That's $22,837 a person!
So being financially responsible and self sustainable couldn't be more important in this day and age. This is why individuals must be independent free human beings and not depend on the government and central banking system which benefits from their servitude.
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