Is it time to leave Australia?, page-77

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    'Current government debt is 16.6% of GDP'

    yea, a lowish level of government debit. as well, only a percentage of that is offshore debit.

    however, the federal government is currently clocking up $2 billion a week in debit into infinity!

    as housing sales slow, there will also be higher state debit as well.

    according to the afr / imf, we have the worst debit trajectory in the world going forward!
    Last edited by aimone: 29/06/15
 
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