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Insolvency firm MNP reports 52% of Canadians are $200 or less away from being unable to pay bills due to rising interest rates and living costs. (www.bnnbloomberg.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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The report says 35 per cent of those asked say they already don't make enough to cover their bills and debt payments, up from 30 per cent in April and a record high for the survey. It also says a record 48 per cent of those surveyed are concerned about their current level of debt.

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[–] [email protected] 4 points 1 year ago

Culture that thrives on debt is surprised that people are in debt.

System that lives off perpetual debt is surprised that humans can not sustain perpetual debt.