CANADIANS Have No Idea What's Coming... | Jordan Peterson
https://www.youtube.com/watch?v=NhglXqqRdaM
CANADIANS Have No Idea What's Coming... | Jordan Peterson
January 5, 2025
MotivHolic
In this eye-opening analysis, Jordan Peterson delves deep into the disheartening economic decline that’s gripping Canada, exposing startling facts that reveal just how far the country has fallen behind. For decades, Canadians enjoyed relatively equal prosperity with their American neighbors, but recent trends show Ontario—once the richest province in Canada—is now poorer than Mississippi, the U.S.'s most economically challenged state.
Peterson breaks down the numbers, highlighting the shocking difference in wealth, productivity, and real estate prices between the two nations. While U.S. workers receive $28,000 more in investment per capita compared to Canadians, the productivity gap between the two countries is equally staggering. Canadians now produce $50 per hour compared to $80 per hour in the U.S., leading to a painful reality of falling wages, rising costs of living, and increasing debt.
Peterson doesn’t stop at the numbers; he critiques the policies that have contributed to this economic disaster. The Canadian government’s inflationary approach, driven by excessive borrowing and money printing, has had devastating consequences, especially for the working class. Inflation is hitting hard, disproportionately punishing those who save and invest responsibly while allowing the wealthy to get richer.
What does this mean for the future of Canada? Will the country's economy recover, or is it facing a crisis of unsustainable proportions? Peterson provides a thorough breakdown of these issues, offering insights into the challenges Canada faces and the potential path forward—if it can make the tough choices. Don’t miss this vital discussion on the state of the Canadian economy and the global implications.
CANADIANS Have No Idea What's Coming... | Jordan Peterson
https://www.youtube.com/watch?v=NhglXqqRdaM
CANADIANS Have No Idea What's Coming... | Jordan Peterson
January 5, 2025
MotivHolic
In this eye-opening analysis, Jordan Peterson delves deep into the disheartening economic decline that’s gripping Canada, exposing startling facts that reveal just how far the country has fallen behind. For decades, Canadians enjoyed relatively equal prosperity with their American neighbors, but recent trends show Ontario—once the richest province in Canada—is now poorer than Mississippi, the U.S.'s most economically challenged state.
Peterson breaks down the numbers, highlighting the shocking difference in wealth, productivity, and real estate prices between the two nations. While U.S. workers receive $28,000 more in investment per capita compared to Canadians, the productivity gap between the two countries is equally staggering. Canadians now produce $50 per hour compared to $80 per hour in the U.S., leading to a painful reality of falling wages, rising costs of living, and increasing debt.
Peterson doesn’t stop at the numbers; he critiques the policies that have contributed to this economic disaster. The Canadian government’s inflationary approach, driven by excessive borrowing and money printing, has had devastating consequences, especially for the working class. Inflation is hitting hard, disproportionately punishing those who save and invest responsibly while allowing the wealthy to get richer.
What does this mean for the future of Canada? Will the country's economy recover, or is it facing a crisis of unsustainable proportions? Peterson provides a thorough breakdown of these issues, offering insights into the challenges Canada faces and the potential path forward—if it can make the tough choices. Don’t miss this vital discussion on the state of the Canadian economy and the global implications.
