Tuesday, Jul 29, 2008

Canada's national net worth reached $4.5 trillion by the end of 2005, or roughly $137,300 per person, Statistics Canada said Friday.

Canadian Broadcasting Corporation (CBC): Canadians worth $137,300 each: Statistics Canada

I got this article, from Alan Watt's website. His response to it: "Since I'm losing out here and sure others are too, and since the government's claim we are each worth $137,300, then I figure the government must have my $137,250.12 and I'd like it back please. Like minded people should do the same." We wouldn't need mortgages at all if we did!! Check out Alan's excellent podcast to really understand what's going on in the world, on http://www.cuttingthroughthematrix.com/audio.html

Posted by planning4acrash @ 08:04 PM (302 views) Add Comment
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5 Comments

1. shipbuilder said...

Err...and if the people actually got their $137K that would be.....socialism, maybe?

Tuesday, July 29, 2008 09:29PM Report Comment
 

2. planning4acrash said...

:) No, what I'm talking about, is, an end of inflation by ending the fiat money system, allowing a progressive cutting down of the socialist state, as people can progressively afford to look after themselves, leading to further tax cuts, leading to further wealth, leading to yet smaller government, and so on. Its called freedom, power to the people, liberty, and its a powerful message.

Tuesday, July 29, 2008 09:36PM Report Comment
 

3. jonb said...

The average person who has just retired, and paid off their mortgage will be worth a lot more than that if you include the value of their pension. Retirement day is generally the point in their live when people are the richest, and of course not everyone is at that stage, but $137k seems reasonable. Remember also that a lot of that will be concentrated in the hands of a few rich people.

Wednesday, July 30, 2008 12:39AM Report Comment
 

4. drewster said...

If you measured the market value of all the land in Britain and divided it up between 60 million of us, you'd get a pretty similar figure. Last year a single tower in Canary Wharf sold for £1.1bn - that's already £18 per person in just one building! The Duke of Westminster owns an estimated £7bn of land, mostly in central London, all of which was inherited - if the people were to seize it and redistribute it, that would be another £116 per person. Sometimes I think Mugabe wasn't entirely wrong about those land seizures....

Wednesday, July 30, 2008 12:39AM Report Comment
 

5. planning4acrash said...

Hows about a right to buy for those renting for a given period, and right to buy that takes into account rent already paid, possibly over generations (combined with tennancy protection). Same for farmers working Prince Charles's land.

Wednesday, July 30, 2008 12:17PM Report Comment
 

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