Only public debt has been paid down. Private debt has doubled in the last 5 years.
Public debt has been reduced by selling off assets and failing to invest in new infrastructure etc.
Without public debt there would have been no Sydney Harbour Bridge, Warragamba Dam etc
affordability and debt, page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)