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by dismalaf
87 days ago
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Canada here. Feels like we're barely hanging on to rung 5 or 6 and about to fall to the bottom. Quantifiable example: most recent jobs report we lost 100k+ full time jobs. Biggest job less since COVID. Or the fact our increase in GDP per capita is the (second?) worst in the OECD in the last 10 years. Worse than Japan, Italy, the UK and all the other laggards... |
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The Missing Middle podcast went into this in a recent episode, and it's age-dependent: older folks are happier (i.e., they have purchased homes), while younger folks are less happy (cost of living). We Canadians basically have age-dependent wealth-class nowadays.
* https://www.youtube.com/watch?v=dizaUBC22o4&t=4m13s