Yes Brucey we have accumulated debt because of heavy losses on the damn A.S.X.and on various days like Today suffer Depression. My dear Dad who worked through the Depression of 1929 + told me it would all happen again because the Banks etc. controlled the money supply more than Governments. Recently I read were M/Lynch in the U.S.A. had $48 Billion in RESERVES however had an Annual loss of something like $8 Billion because of the write down in Property Valuations, therefore the U.S.A. Government 'bailed them out'. What a 'con job' because the way they do their Books is all wrong and increasing Property Values over the original loans should not ever have been included on their Books. Yes I'm Depressed by all the 'tricks' like Opes Prime, Storm Fin.,Fincorp, OZL, BNB,ABS, etc.etc. that I've come to see and wonder if we'll ever get to see a good story.
