GOVERNMENT POLICY AND RBA POLICY IS ENCOURAGING DEBT IN THE WRONG SECTORS.
Ok enough shouting,i'm not concerned about my debt as i have none,i'm concerned about the variety of debt in our economy that could end up costing me whether it be private or public. Maybe charts do not suggest there is a debt problem ,but if we get some type of global or domestic left field event then all of a sudden your charts will suggest we have a DEBT problem. I'm not getting into a debt debate with you as i couldn't handle it,but imo i do believe economists like keen who imo make 'some' good points and for the first time a couple of days ago i heard govt debt could or should be a concern for an economy like australia with its characteristics.I guess that means we have no control over commodity prices or droughts etc which could have serious repercussions for our govts and their DEBT.
