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🚨 Canada’s defense spending is about to explode — and no one’s doing the math We currently spend less than 1% of GDP on defense $30 BILLION per year Mark Carney & NATO want us at: 2% NOW = $60 BILLION 5% by 2035 = $150 BILLION Let’s walk... show more

Marc Nixon

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156,320 Aufrufe • vor 1 Jahr •via X (Twitter)

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11 Kommentare

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

Canada’s GDP: ~$3 TRILLION 5% of that = $150 BILLION/YEAR on the military That’s a $120B/year increase over today (aka 4x the entire national defense budget) Where’s that money coming from?

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

📉 Health + Social Spending = 50% of all government budgets Want to double defense? You’ll need to cut hospitals, seniors’ benefits, or family supports. Not a little. Billions. Every year.

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

📈 Or we raise taxes Higher GST? Carbon tax Canadians on steroids? Middle class income taxes? $120 BILLION is equal to: Half of all personal income taxes collected

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

💸 Or we borrow Canada already pays $94 BILLION/year just to cover debt interest More borrowing = more interest = death spiral And don’t forget: rates went from 0.5% to 5.0% in 18 months. Back to 2.75% but not for long inflation is up. You want to stack debt on top of that?

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

🖨️ Or we print money Short-term fix = long-term disaster More money = more inflation Your groceries, rent, and gas? Add another 15-20% a year GET READY

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

📉 Reality check: We can’t afford 5% defense spending without gutting social programs, taxing the hell out of everyone, or blowing up the dollar And none of that is being debated right now.

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

Mark Carney knows it. The elites know it. But Canadians are being kept in the dark. It’s quiet now… But the financial devastation is already baked in. End.

Profilbild von Mobile Scanner

Mobile Scannervor 1 Jahr

Scan any documents, convert images into text, PDF files, etc. 👍

Profilbild von Canadian Republican 🇨🇦 🇺🇲

Canadian Republican 🇨🇦 🇺🇲vor 1 Jahr

Lol, that's presuming our GDP is $3 trillion by then. Can you see us getting there by 2035 especially with the government boot on our throats? Lol

Profilbild von Marc Nixon

Marc Nixonvor 1 Jahr

That’s true if they collapse everything it won’t be hard to get to 5% will it?

Profilbild von Kary Yost

Kary Yostvor 1 Jahr

Inflation is going to come roaring back

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