this post was submitted on 23 Apr 2026
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[–] humanspiral@lemmy.ca 16 points 1 day ago (6 children)

Canadian or Provincial annexation is a terrible deal for 2 main reasons.

US debt, and power projection, is on a near term collapse trajectory. Insane healthcare, military spending levels for no social services is higher effective tax/oppression rate on people/small business. Changes in provincial (and/or federal) government structure would be extremely disruptive.

Territorial possession of the US is far more likely than statehood. Far less generous autonomy (Quebec especially) granted by Federal government, and autonomy eroded continuously like native treaties have been. Increased north/south trade seems nice, but "real states" will get federal manufacturing incentives, and possessions will be hollowed out to 3rd world level. Jones act regulations on sea shipping means high cost of living.

While tariffs decrease unity as they should, the whole "protect steel and auto workers for outrageously expensive cars in states that don't have those industries" is reason for highest GDP states to secede from genuinely corrupt political process, that propagandizes swing states on national socialist domination of uneconomic operations delivering no results for them, and shit product for the oppressed states.

[–] CanIFishHere@lemmy.ca -5 points 17 hours ago (1 children)

You do realize Canada's debt is higher than USA, right?

[–] Jtotheb@lemmy.world 3 points 9 hours ago* (last edited 39 minutes ago) (1 children)

The USA’s debt is about 30 times greater than Canada’s debt. Canada’s total debt is actually lower than the USA’s annual federal deficit. Canada’s *net debt to GDP ratio is far better than the U.S.’s at about 10% compared to over 100%.

Did you specifically mean household debt?

[–] CanIFishHere@lemmy.ca 1 points 5 hours ago* (last edited 5 hours ago) (1 children)

If you lookup debt as a percentage of gdp

USA - 88.454%

Canada - 136%

If you compare debt by capita:

USA - $75.8K per person

Canada - $76.4K per person

I'm using numbers from here:

https://worldpopulationreview.com/country-rankings/countries-by-national-debt

Which source is telling you USA debt is 30 times greater?

[–] Jtotheb@lemmy.world 2 points 33 minutes ago* (last edited 32 minutes ago)

Well I actually just divided $39 trillion by $1.3 trillion all by myself. I made a mistake in my comment and did not state that I was referring to net debt to GDP ratio, which the FRED and IMF and others track. You are correct that gross debt to GDP ratio favors the States. You are also obviously looking right past the column that shows the U.S.’s much larger gross debt, so I’m again curious why you just state “Canada’s debt is higher” when you can see that it isn’t.

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