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   can.taxes      All that "free" healthcare has a price      23,408 messages   

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   Message 22,995 of 23,408   
   Canuck57 to All   
   Is Canada bankrupt?   
   18 Jul 15 15:39:30   
   
   From: Canuck57@nospam.com   
      
   Canada is a bankrupt country running on illusions.  No one legitimate is   
   lending money to cities, provinces or the federal government.  They just   
   create it out of thin air to devalue fiat money like a tax.  Been this   
   way since 2006 or so.   
      
   In the last two years CAD money has lost over 30% value.  And if you   
   have 2% gain with 30% devalued money you can lose 28% value and pay tax.   
      
   So it raises the question, if CAD money becomes 10 cents on the dollar,   
   for 1000% inflation , does all money get taxed away?   
      
   Means saving, investing is stupid.  Its a loser.  Not worth doing, as   
   you are taxed so hard on the value of money you can't possibly SAVE or   
   EARN value, you just lose it to TAX GREED.   
      
   But hey, savvy investors have known for years Canda isn't worth invest   
   in and why I have over 1/2 my money assets in foreign.   
      
   As Canada is a bankrupt country, just like Greece.   
      
      
      
      
   --   
   Socialist-statism corruption is a great idea so long as the credit is   
   good and other people pay for it. When the credit runs out and those   
   that pay for it leave, they can all share having nothing but   
   unemployment, debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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