Imagine how cactus our economy would be if we were running a budget deficit of 35 billion Australian dollars.
Well, the US is running a budget deficit this year of 550 billion US dollars. It's absolutely mind boggling. With a population of around 300 million that is equivalent to us running a budget deficit of around 35 billion US dollars.
Is it any wonder that the US dollar is on a long term downward spiral and that gold is going to soar?
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- australia's budget deficit to be $35 billion - gol
australia's budget deficit to be $35 billion - gol
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