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Yakk · 10-13-2004, 02:19 PM

Pay off the debt. Repeat until done.

The demand for Canadian debt will go up as we have less of it (less debt = more likely we pay it off), and the supply will go down. This will increase the price of our debt (to those who want to own it), thus reducing our interest fees even more.

Every Canadian owes 24,000$, or every worker 46,000$. That is too much. (rough estimate of total provincial, municipal and federal debt, projected forward from 2001).

-797,482 in millions of dollars. The feds owe 526,492 of it.

That is too much. Canada is in an economic upturn right now, we should be paying off our debts.

10-13-2004, 02:19 PM	#3 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	Pay off the debt. Repeat until done. The demand for Canadian debt will go up as we have less of it (less debt = more likely we pay it off), and the supply will go down. This will increase the price of our debt (to those who want to own it), thus reducing our interest fees even more. Every Canadian owes 24,000$, or every worker 46,000$. That is too much. (rough estimate of total provincial, municipal and federal debt, projected forward from 2001). -797,482 in millions of dollars. The feds owe 526,492 of it. That is too much. Canada is in an economic upturn right now, we should be paying off our debts. __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.