It’s only a matter of months/few years until we see the 2008 crash once again now. Everyone is into so much debt and they literally cannot pay it off. Where I live (Québec), the median and average income per person is about 50k CAD per year. However it looks like everyone has a 70k truck, a second car that’s less than 5 years old and a 400k house and goes on vacations to avoid the long winters… How can they afford it? Why do banks loan money to people who can’t afford the thing in the first place? We are so doomed.