QueensLand Election's 1-2-3, page-105

  1. 8,557 Posts.
    You don't know what you are talking about . 82 bil owing to bond holders ! Annual interest bill four bil! How in the name of reason can the normal running of the state plus FOUR BILLION PER YEAR IN INTEREST CHARGES be paid ? Out of thin air ? Smart arses like you are making it worse imo. It obovious you know NOTHING about economics . The asset leasing will pay some of the PRINCIPAL back ! Have you forgotten that the principal has to be also paid at some time!! With a declining return from resources , the only way to raise enough revenue to run the state would be to increase all state taxes THREEFOLD .Do you understand ! With this enormous debt. there is no way out!! But perhaps you have a solution ? Good luck!
 
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