King River Resources Ltd T.KRR.W

RE:RE:Is it paranoia?

[Farquar]

I was reading a CBC news report the other day about the high rents in Vancouver . It said the average rent for a one bedroom apartment was 2700$  cdn !!  

If this number is accurate, holy toledo, the average canadian is in very deep trouble.. A half decent factory job in Canada would pay arround 20$/hour for 35 hours a week..At 20% income tax, their take home would be around 29,000$ but rent of 2700$/month x 12 months = $32,400......So a person with what  used to be a decent wage can't even afford the rent in Vancouver for a small apartment..

This is a very troubling situation to say the least. If this 2700$ figure is true, then most peoole are getting financial help from the government just to pay the rent. This real estate bubble was caused in the first place by the government's low interest policies for a couple of decades or more... On top of all this, the govt let in 1 million new inmigrants into Canada in 2022. This will keep the rents sky-high for many years to come.. Their plan is to bring in 500,000 non-english/non-french speaking immigrants for many years to come.. The vast majority of these new inmigrants will be completely reliant on the government to be able to afford to live here.. Rents are going to continue to rise and it's our taxpayer money that will pay for all these strangers coming in...

Now getting back to the question of how the govt is going to be able to introduce a CBDC?  It's easy...just tell the millions of canadians that if they want to continue to get financial help from the govt, they will need to receive it only through the digital currency system...If they refuse to accept the CBDC, then they will be put out on the streets. What do you think those millions of people are going to do? They are going to use the digital currency...

God help this country, but it is going down the toilet very quickly ..