I think it crazy to be borrowing + spending so much money on...

  1. 7,022 Posts.
    lightbulb Created with Sketch. 384
    https://hotcopper.com.au/data/attachments/6109/6109226-5074d1df164afa7e1abcdbc9573ee96b.jpg
    I think it crazy to be borrowing + spending so much money on defence when 10 year bond yields are nearing 5% !

    we are just going to struggle to repay the interest, let alone ever paying the debt off !

    australia is going downhill very fast and we may even see interest rates climb back to 10% for all these subs !!!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.