'living beyond our means'. Interesting latest mpi 47.9,services sector still contracting (as well)agriculture well drought and some stupid govt decisions policies so its not in a good shape.
On the bright side the 3 miners (that's 3) are going great,house prices booming thanks to debt, banks booming thanks to debt,governments paying bills thanks to debt.
BP about to announce 600 job losses at refineries,phillip morris 150 job losses and only high profile company closures ever reported.
''living beyond our means' my guess is means is also contracting.
