this is why the shorters are circling,aussie bank share prices are close to the fullest priced banks in the world.
the aussie government has squandered the wealth of australia so completely,and committed to so much future funding, that if they had to bail out the aussie banks--they could not do it without enslaving australia.
most of australia is bankrupt,but still dream they are so wealthy they can indulge in green power,refugees,turning agriculture organic,retiring,free medical free dental nbn ----they are spending like they have won tattslotto,but al they have is a powerball ticket from last week.
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