Today in VicDanistan, page-8

  1. 23,958 Posts.
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    Just have a look at the rate of our accumulation of debt, both Government , Household & Private:

    https://australiandebtclock.com.au

    We're spending like drunken sailors as if there's no tomorrow and our RBA/Treasury euphemistically
    calls it Quantitive Easing (QE) rather than Printing Money.

    This will bight us in the backside later when our Peso is devalued and we're all that much poorer
    .We have been simply living beyond our means or to put it bluntly, a country living on the credit card!

    IMO we'll see more of the family jewels for sale within the next 2 years...eg: the Post Office etc!
    Last edited by moorookamick: 29/05/21
 
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