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Joe’s Debt

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View in French at www.youtube.com Debt: Canada’s Record Level of Household Debt Joe is a regular Canadian making a living. Through taking a mortgage, and buying things using credit, Joe builds up a lot of debt. When interest rates go up, Joe’s debt becomes unsustainable. Created by: Action Canada Task Force on Household Debt Narrated by: Severn Cullis-Suzuki www.debtcrunch.ca

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3 Responses to “Joe’s Debt”

  1. it doesn’t look like interest rates are going up but if they do there is a get out of jail free card. the Bank of Canada can just sell the debt to China.

  2. who’s the unhappy person in the wheel chair.

  3. but… but… it’s different here!!!