Average Consumer Debt

[Kushinator]

And the US was significantly higher than Canada. Give it up dude, you are looking silly.

It was not. You're just being disingenuous because I pointed out that Canada had a similar spike in inflation, as did the rest of the world. You've lost, and like a poor loser you drag your feet, kicking and screaming.

The narrative that Biden created inflation is fabricated.

30% if significant no matter how bad you want to debase yourself thinking you can win this argument.

The 30% figure is cherry picking.

You keep trying the whataboutism and it just makes you look desperate dude.

You're the one who looks desperate to anyone other than your fellow knuckle dragging cultists.

 

[jmotivator]

It was not. You're just being disingenuous because I pointed out that Canada had a similar spike in inflation, as did the rest of the world. You've lost, and like a poor loser you drag your feet, kicking and screaming.

It was. Again, you are trying to lie about something that your own chart has already proven false. It's a very bad look for you.

The narrative that Biden created inflation is fabricated.

Wrong. He decided that he would maintain the $2 trillion jump in federal spending indefinitely, flooding the economy with cash it didn't need.

The 30% figure is cherry picking.

Haha!! Nope. It's how far ahead of Canada the US was on inflation for over a year. You trying to use only the difference at the peak is cherry picking.



There are seven representative samples of the difference between Canada and US inflation. The average is 30.1%

You're the one who looks desperate to anyone other than your fellow knuckle dragging cultists.

The facts are on my side. You are the one trying to gaslight away the clear difference in inflation between the US and Canada and when you lost you decided to move the goalposts. Stop digging because you are losing a lot more than just this argument at this point.

 

[Lord Tammerlain]

I would want to look at what that debt is.
First and foremost it cannot possibly include mortgages, home ownership between CN and the U.S. is less than 1% different.
13% less Canadians own cars than Americans, but far greater difference is 15% more Canadian families own TWO cars than Americans.
So that is counter to what is seen.
And then there is student loans - the mount of debt is only $1000 difference. However a significant difference is Canada has repayment assistance programs that Americans have less of.

All of this said - I am having a very difficult time believing Americans have 10 times the consumer debt (whatever your figure us) than Canadians.

Mortgage debt is the difference.


If mortgage debt is included for Canada the debt level would be higher than the US. Especially as house prices in Canada in general are higher than the US on average.

My family has no “ consumer debt” but does have $250 000 of mortgage debt

 

[Lord Tammerlain]

No, they don't have a dictator.

Vietnam or Europe?

Vietnam has a governmental system similar to China.

A single party government in which the leader is chosen by the party members

 

[Kushinator]

It was.

Only in your partisan opinion.

you are trying to lie about something that your own chart has already proven false.

That's your tell. Once you've completely lost the exchange, you resort to the same repeated pattern of insisting your opposition has made your point for you.

He decided that he would maintain the $2 trillion jump in federal spending indefinitely, flooding the economy with cash it didn't need.

And yet inflation has declined significantly without a significant reduction in federal spending. Being the first to reopen an economy (the world's largest) led to transitory inflation. Every single modern economy faced a similar inflationary spike. Every... single... one....

Every single modern economy faced a similar inflationary decline. Every... single... one....

Your narrative has no power.

It's how far ahead of Canada the US was on inflation for over a year.

Canada didn't reopen until August 2021. By March 2021, most of the U.S. was open for business. Again, you are so desperate to save your stupid claim, and will go to lengths of applying percent of percent foolishness (see below).

You trying to use only the difference at the peak is cherry picking.

View attachment 67561883

You can always tell when someone with limited experience in data analysis is pushing a weak narrative. Those aren't even the actual figures.

It is true the U.S. faced an inflationary spike before the rest of the world. We reopened first. But let's ignore that fact, and get back to this percent of percent bullshit you're peddling.

At any given time, inflation can be 30% lower in the Canada and that alone doesn't constitute statistical significance.

For example: In March of 2017, U.S. CPI was 36% higher than Canada's CPI. Using your arbitrary definition of significance, we should expect something... well, significant. But U.S. CPI was 2.4% YoY, while Canada was sitting at 1.6% YoY. In 2009, U.S. CPI was 0.008% YoY, while Canada was sitting at 1.4% YoY. You fancy making rough percentage calculations, so have fun!

There are seven representative samples of the difference between Canada and US inflation. The average is 30.1%

So?

30.1% doesn't mean anything other than 30.1%. Percentage of a percentage is weak sauce, and about what i can expect from you once you've cornered yourself.

The facts are on my side.

Nope!

You are the one trying to gaslight away the clear difference in inflation between the US and Canada

I never denied the U.S. experienced an inflationary spike a few months earlier.

and when you lost

You destroyed yourself making that shitty post all because you felt it was necessary to push a partisan narrative that has been destroyed on its own. The developed world faced an inflationary spike after reopening from pandemic lockdowns.

Stop digging because you are losing a lot more than just this argument at this point.

What am i losing? Once again i pointed out that partisan hacks like yourself will say anything to cover for their failed ideology. An ideology that relies on ignorance, intolerance, and fear. I continue to say this these past couple of months, and it still holds: these next 4 years are going to be a lot of fun.