This would explain why Canadians voted for Justin Trudeau: Angus Reid study Finds 1 In 5 Expect Debt To ‘Disappear Or Be Forgiven’ – November 19, 2020,

I’m not a believer in small sample-sized polls, but I have to be host the below post really got my attention

Canadian Debt Survey Finds 1 In 5 Expect Debt To ‘Disappear Or Be Forgiven’ | huffingtonpost.ca

It makes a lot of sense to me in the political sense, because it would explain why people in both Canada and America are voting for far-Left Political Parties. When I hear both Justin Trudeau and Joe Biden speak if I was financially illiterate, I would assume these politicians had the power to make my debts disappear like magic, and who cares about the consequences, right?

Debt was never intended for consumers, it was intended for businesses who can use debt and make a profit from it. The real problem with consumer debt is that it gives society a false sense of security, even our public debt appears as if it grows forever and ever, so I can imagine that for people deep in debt and financially illiterate, that they might say to themselves that the end game is that all of this debt will be forgiven and there will be a great financial reset.

Who knows maybe they’re right, in the end, if the Canadian dollar hyper-inflates the way the Zimbabwean dollar hyper-inflated, the cost of debt along with our standard of living will come down drastically, but for many people, they might be able to pay off their debts with one depreciated $200,000 polymer Canadian banknote!

Interesting times ahead