ozbailout guarantees high futureinterest rates, page-4

The government is implying we will be better off rains. The reality is this is a move that will simply delay the inevitable death of the current model of retailing we have and leave our children and ourselves with a legacy of debt that will get larger and larger and larger. Its not going to stop Rio and BHP from laying off workers. This won't be last bailout package because the worst is not over and that fact will be determined by the debt market deterioration in Europe, the US and Japan. Australia is a slave to the rest of the world so long as you follow what they do. Lets spend the surplus on projects that create jobs that are going to survive a future of hyperinflation in energy and food because those are the consumable costs we cannot avoid.