Reading time: 418 words, 1 page, 1 to 2 minutes.
Do you think Canada’s economy is doing well just because the ass media is supporting the government’s economy of illusion? Yesterday, March 26th, one of my colleagues, returning from the bank, said the line-up at the bank was so unbelievably long that there was actually a traffic jam outside. She thought perhaps it was the day welfare checks were issued. I said that’s doubtful because many welfare recipients can’t afford cars so I can’t see them causing a traffic jam.
After work, I went grocery shopping. That was a mistake. It took forever to check out. Even though all cash registers were operating, the line-ups extended halfway down the food aisles. I’ve never before seen so many people grocery shopping all in one day.
As I like to chat up people, I talked to some of the people around me and asked if they knew why the store was so busy. I got polite responses but no real answers and, finally reaching the check-out, I asked the clerk the same question; also to no avail. I thought that was odd but, it didn’t ring any alarm bells. I also noticed the lines moved more slowly than usual. I paid with cash but, almost everyone else I saw seemed to be paying with debit cards which take a little longer to process than cash and yesterday the debit card system seemed even slower than usual. Again, it didn’t ring any alarm bells.
I thought nothing more of it until this morning. Before going to work, I checked my on-line bank account balance so, on my way to work, I could continue withdrawing the daily maximum allowable cash for “under the mattress”. I noticed that my Canada Pension Plan (CPP) payment had been posted yesterday, earlier than usual; I suppose because of the Easter long weekend. Suddenly, it dawned on me why the bank and grocery store were so busy yesterday.
If anyone thinks the Canadian economy is doing well, you better think again. There are a LOT of people in Canada who CANNOT afford groceries until they get their CPP payment. That’s evidence of THE Stealth Depression I’ve mentioned numerous times before. The soup kitchen lines of the Great Depression have been replaced with lines at the grocery stores and banks after government checks are direct-deposited in bank accounts.
Stay tuned. It keeps getting worse. Keep some cash at home – just in case.
March 27, 2013
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