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28/06/21
19:15
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Its a fair discussion point you make.
You are saying France is in a better space because they better directed their borrowed $$.
My point is they are at about 100% debt to gdp ratio while Aus is @ about 40% yet you just said Aus was screwed based on this debt.
So if you do not condemn France at 100% it looks like you could happily justify Aus going to 100% too.
Aus then by your own argument has plenty of debt gas left in the tank for the future.
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