goodbye young aussie home ownership, page-259

JR ,

So are you saying that the government backing our banks was a bad thing ? Isn't that what good governments do ?

Yes , I'm sure some are going to say that they were supporting
the big end of town or whatever .

But look at the big picture . We all kept our jobs . The property market didn't crash . People didn't lose their houses .

Not a bad result in the scheme of things.

You said yourself that " the end result is GFC survival ".