People Are Literally Drowning in Debt – The Personal Stories From The Front Lines Of A Bankruptcy Firm Will Shock You
kingworldnews.com / May 04, 2017
With the dollar sliding along with stocks, gold, silver, and bonds, the following piece will shock you. It is from the front lines of a bankruptcy firm and the stories that are shared about the clients seem unbelievable, but they are true, and they are a testimony of a world that is now drowning in debt.
An expert in consumer insolvency describes what it’s like on the front lines of Canada’s worsening household debt crisis
By Scott Terri, estate administrator at Cooper & Co. Ltd, insolvency trustee in Toronto)
May 4 (King World News) – On any given day now you can expect to hear at least one economist, public official or financial commentator express grave concern about the mountain of debt Canadians now carry. The bloated debt loads of Canadian households has become a pervasive topic in media. But for all the attention the subject has received, it’s a safe bet that most people still cling to very clichéd notions that only so-called “deadbeats” ever hit the debt wall. Nothing could be further from the truth. The reality is Canadians would be shocked if they could peer into the private financial lives of many of their closest neighbours and friends…
Continue reading the piece below…
The post People Are Literally Drowning in Debt – The Personal Stories From The Front Lines Of A Bankruptcy Firm Will Shock You appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/05/04/people-are-literally-drowning-in-debt-the-personal-stories-from-the-front-lines-of-a-bankruptcy-firm-will-shock-you/
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Whistler Blowers, Insiders
Important info. Good post.