The Australian government will be limited with what it can do, as they are already sending us into debt at a frightful rate.
They will only be able to cut interests so far, they need to keep bond interest rates high enough to attract foreign money.
I think Steve Keen was 100% correct about what is going to happen, no-one should claim WHEN it is going to happen.
That is the unknown bit.
I wouldn't be laughing at Keen, or making fun of him.
The same thing happened to Noah and we all know how that ended up.................
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steve keen was right, page-33
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