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I’m sorry - are the rest of the world suddenly super wealthy?Where does this rank on the 'Everything is fine' in canada metric?
Living paycheque-to-paycheque: 'Canadians are under stress,' warns Equifax
As Canadians deal with a crushing housing shortage, high rental prices and inflationary price pressures, now Equifax Canada is warning that Canadian consumers are increasingly under stress"from the surging cost of living.www.ctvnews.ca
The US has 78% (!) living paycheque to paycheque as of last year.
Living Paycheck To Paycheck Statistics 2024
As living expenses in the U.S. continue to rise and wages struggle to keep up, it’s unsurprising that Americans of all generations are having a hard time financially. For many, this means living paycheck to paycheck. But what does it really mean to live paycheck to paycheck, and what underlying f
www.forbes.com
Germany has 40% in the same situation.
Germany’s Saving Paradox: The Silent Crisis Behind the World's Highest Saving Rate
🔔 A Misleading Narrative Headlines have been screaming: "Germany's Thriftiness is Hurting the Economy!“ (Zeit Online: Die deutsche Sparwut schadet.) With an impressive saving rate of 11.
www.linkedin.com
UK is about 33%.
Third of workers living payday to payday, survey finds
Those without a cash buffer were also more likely to report feelings of anxiety and loneliness, with employers encouraged to better communicate financial wellbeing packages
www.peoplemanagement.co.uk
And I echo @Lumber ’s comment - you may have grown up in a “shithole country” by your standards, but having deployed to a few actual shithole countries, Canada isn’t anywhere near that.