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Strategies & Market Trends : Ride the Tiger with CD

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To: cessnastreet who wrote (273700)10/3/2019 6:22:12 PM
From: Rocket Red3 Recommendations  Read Replies (1) of 312358
 
You can’t blame Canada’s young people for venturing out onto the streets in protest about how their futures are in jeopardy.

It’s just they’ve got it wrong about the most dangerous existential threat in the decades to come.

Nope sorry, it won’t be climate change. Look, when Al Gore sells that California beachfront home he bought in 2010 for a cool $9 million — a few years after winning a Nobel prize and predicting sea levels would rise by up to 20 feet in the “very near future” — then maybe I’ll start to seriously worry.

But in the meantime, there’s a much more dangerous threat. While it’s not as much of a consciousness-raising issue, it is guaranteed to cause a great deal of future distress in the lives of millions of Canadians currently under the age of 30.

The threat is the runaway deficit spending — in both good times and bad — being incurred by all levels of government in this country. It has reached a heartbreaking level when considering the ridiculous financial burden we are laying across the shoulders of today’s younger generation. In fact, it’s shameful.

https://calgaryherald.com/opinion/columnists/nelson-looming-threat-for-youth-isnt-climate-change-its-runaway-debt
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