Question
Do you find it interesting that Canada's greatest asset is essentially loans, while its most significant liability is the repayment of loans? Also, do you
Do you find it interesting that Canada's greatest "asset" is essentially loans, while its most significant liability is the repayment of loans? Also, do you think that this has anything to do with the inflation that we are facing right now? If you think about it, we are losing money as the loans continue to go up, but the repayment goes down. When the interest rate goes up, even if you still lose the same amount, the general consumer will pay more back, offsetting the difference.
I am not saying this is true, but it seems to have some sort of link with the inflation that we are facing right now. In your opinion, what should be Canada's most significant asset?
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