This little piggy went to market... but this little piggy...

... cried all the way home because he realized every person in his household is $41,470 in debt (on average), and the debt is getting bigger, and he didn’t know how he was going to pay for his next bag of BBQ pork rinds.


If you and I were that pig, I bet we’d cry too.

Good chance we are.

“Canada’s household debt hit a new record of $1.4 trillion in December, with no signs the recession has altered consumers’ willingness to borrow...”

$41,470 is a lot of money per Canadian (grandkids included), and it’s 2.5 times higher than in 1989.

“The levels put Canada at the top of the 20 OECD nations in terms of debt to financial assets ratio.”

Hmmm. Sadly, people aren’t living small, reducing their spending, paying down debt and saving their money.


["Save before you sink"]

All I can say is, good thing our local paper puts business news at the back of the sports section. (May 12, London Free Press)

That way, very few people ever look at it, and, according to 21st century thinking, if we don’t know about it, then it didn’t happen.

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Please click here to read about debt and big potatoes.

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